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The EdTech Efficacy Handbook: smart investments...
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A group of local investors on June 17 said they have bought Philadelphia's wireless internet network, a week after EarthLink Inc. gave up on the system because it failed to make a profit, the Associated Press reports. The investors said they plan to form a for-profit company that will provide businesses both wired and wireless high-speed internet access. They also plan to maintain the citywide wireless network Earthlink built for $17 million and offer wireless service free to consumers. EarthLink has pulled out of several markets, including New Orleans and San Francisco, because it couldn't make money from Wi-Fi networks
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