Thursday, August 17, 2006

Unstrung - Boeing Disconnects Connexion - Wireless Networking News Analysis

"Boeing said it will take a charge of $320 million to write off the in-flight WiFi effort. Industry analysts believe that the Chicago-based aviation giant invested as much as $1 billion to develop Connexion, which at its onset, in 2000, was seen as a major revenue-generator for the airlines and for Boeing. Predictions of eventual revenues from on-board Internet service ranged as high as $25 billion a year. "

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