22-06-2012, 17:49
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#50
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Still REIGNING
Join Date: Jun 2009
Location: Hell
Age: 49
Posts: 5,956
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Re: Virgin Media to supply Tube Wi-Fi
This will be interesting?
http://community.nasdaq.com/News/201...storyid=150464
Quote:
Virgin Media Inc. ( VMED ), one of the leading entertainment and communication service providers in the U.K, is planning to lease out its Wi-Fi mobile network, which are placed in the London Underground stations. We believe that renting out its network to other operators will act as a new revenue stream for the company in addition to the revenue opportunity from the existing Wi-Fi customers.
Earlier, Virgin Media had won the contract to roll out Wi-Fi network in and around the city of London and in the process had outbid rivals BT Group Plc ( BT ) and Telefonica S.A. ( TEF ) owned O 2 . During the Olympic Games, commuters using laptops, mobiles and tablets in the Underground tunnel can access the internet for free. However, once the Olympics conclude and the free service expires, the company plans to rent out its Wi-Fi network to rival operators Vodafone Group ( VOD ), BT, O 2 , and TalkTalk. The company has initiated its bidding process under a wholesale agreement, which is expected to be launched in September.
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