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BT invests in FON

BT has invested in Spanish wireless startup FON, which aims to blanket the world in free WiFi hotspots. Now, BT's more than 3 million Total Broadband customers will be able to join the FON WiFi network, which currently provides more than 190,000 hotspots worldwide. If they join, BT's customers will be opening up a slice of their home WiFi bandwidth into a public network, which others can use. BT declined to announce how big a stake it acquired in FON or how much it invested. Google and Skype invested in FON last February.

For more on BT's stake in FON:
- read this release
- read this article from the WSJ (sub. req.)

Extra: Find out more in our FON Fierce 15 Profile

Related articles:
Read how FON is taking on Starbucks with Fonbucks campaign
See how FON's directional antenna expands WiFi signal range
Will Time Warner turn more Americans into Foneros?


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