Monday, February 21, 2011

FON ready to conquer U.S.

FON is a company dedicated to making a service available wifi connection and shared. After passing the 400,000 users in the first three years of birth, in 2010 sold 1,800,000 routers adapted to your wireless network. Totaling more than 3 million wireless access points worldwide. Highlights in the UK, where they have a following negotiations with British Telecom, and Japan.

The next step in its expansion to the United States. This could not have received a new investment of 10 million euros (13.5 million). Atomico is the venture capital firm that has made the deposit. This company is led by Niklas Zennstrom, co-founder of Skype. In the same are also the creators of eBay and some of Facebook's initial investor.

FON CEO Martin Varsavsky, not considered extraordinary because they are the same shareholders that led the company since its inception in 2005. "Our company was the first in Europe to receive investment from Google. After our success in Europe and Asia it made sense to throw the world's largest market, the United States," said Argentine businessman.

Martin Varsavsky believes it is time to enter there. Especially after the firm commitment of Barack Obama during the last speech on the State of the Nation and the visit to the University of Michigan in which he explained his plan for that 98% of the population has access inlámbrico within five years.

One of the keys to the spread of this service is that it has its own routers to connect to the network. La Fonera SIMPL, your device star, is projected entirely in Spain, which has 60 employees, most of them are engineers. The forecast of FON is to hire five people per month until the end of 2011.

Born in 2005 in the hand of Martin Varsavsky, FON allows users to share Internet access part of your home with FON users. In return, you can connect anywhere in the world in an access point of a user of FON. One of the lines of business of this company is to charge a small fee to users who are not part of the service to surf the Internet for a limited amount of time.

At the same time, private users or facilities that adhere to this formula will receive part of the profits generated by your access point.

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