Company asks U.S. to provide radio space for free Internet

Iria · May 23, 2006, 09:23 PM

Source: News.com
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In an ambitious proposal, a Silicon Valley company has asked the government to give it a band of radio spectrum for a free high-speed wireless Internet network that would cover most of the country and be supported by advertising.

The idea is to create something like an Internet version of broadcast television, using local and national sponsors to pay for what its promoters say would be near-ubiquitous high-speed access.

The company, M2Z Networks, is backed by several prominent Silicon Valley venture capitalists. It is making a case that its plan could hasten the spread of broadband Internet use and lead to lower prices by spurring competition with the cable and telephone giants that dominate the Internet market.

May 23, 2006, 09:23 PM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Company asks U.S. to provide radio space for free Internet Source: News.com __________ In an ambitious proposal, a Silicon Valley company has asked the government to give it a band of radio spectrum for a free high-speed wireless Internet network that would cover most of the country and be supported by advertising. The idea is to create something like an Internet version of broadcast television, using local and national sponsors to pay for what its promoters say would be near-ubiquitous high-speed access. The company, M2Z Networks, is backed by several prominent Silicon Valley venture capitalists. It is making a case that its plan could hasten the spread of broadband Internet use and lead to lower prices by spurring competition with the cable and telephone giants that dominate the Internet market.