Fon. Results of 2010

The Madrid-based company Fon , which develops Wi-Fi networks, supported by Google and Skype, reports that today it is possible to find 3.35 million of their Wi-Fi hotspots worldwide. This is an impressive growth, year over year perekagivayuschy mark of 200%. In October 2010, when the company published figures last time, this number was 2.5 million.

Fon also reports that it ended 2010 with revenues of 28 million euros. Last year, this figure was only 5 million. Profit growth is due to the wider distribution and use of Wi-Fi devices around the world.

In essence, the company allows users to connect to Wi-Fi networks free of charge via Fon hotspots anywhere in the world where they are. In exchange, you should make your home Internet publicly available by setting up an access point and connecting it to the Fon Wi-Fi network.

The Spanish company produces wi-fi routers of the 802.11n std with a funny Russian ear called “Fonera”. These devices, being connected to ADSL or a dedicated line, allow you to safely organize two dedicated Wi-Fi channels. One of them will be encrypted and private, and only you will use it. The other will be public and accessible to members of the Fon community with a password.
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“Fon now has more than 3 million Wi-Fi hotspots and this is a threefold increase compared to last year, and six times more than the number of hotspots at Boingo, iPass and T-Mobile Wi-Fi combined,” says the founder and Fon CEO Martin Varsavsky. “And the more people will buy their tablet computers and smartphones next year, the more operators will start to choose Fon Wi-Fi to relieve the 50-fold increase in data flow that these users are expected to generate by 2015. And we expect our community to continue to grow endlessly. ”

Accelerating the growth of the company is largely due to the distribution partnership with the telecommunication companies of the planet. Among them are British British Telecom, the Russian MTS (Comstar-UTS), the French SFR, the Japanese SoftBank and the Portuguese ZON. In addition, British Telecom is not only a partner but also an investor Fon, along with companies such as the Coral Group, Google, Index Ventures, Sequoia Capital and Skype.