02-19-2002, 02:46 AM
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Executive Editor
Join Date: Aug 2006
Posts: 29,160
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Plotting the revival of Ricochet
http://news.com.com/2009-1082-827946.html
Ben Charny from CNET News.com interviews the new owner of Ricochet, Mort Aaronson, and it's worth a read. I was a little turned off by Aaronson's mercenary attutide towards companies that have recently self-destructed, but that's why it's called "Business" not "Friendness". It looks like they're going to try and push the price down to below $50, which will no doubt gain them a whole new audience vs. the $70 a month people were paying before.
The question is, with 2.5G and 3G services fast approaching, will Ricochet even have a chance to get off the ground? The answer is yes - telco pricing is brutal at the moment, and if I could get unlimited data transfer for $50 a month, I'd be all over it. Would you?
"Can Ricochet, a high-speed wireless Internet service that collapsed in last year's dot-com implosion, stage a Lazarus-like comeback? That's what entrepreneur Mort Aaronson has in mind. Aaronson's Denver-based company, Aerie Networks, paid less than a penny on the dollar when it bought the remains of Metricom, which operated Ricochet."
Props to Humphrey Riley for this link. Look man, you're in the spotlight! ;-)
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