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SkyNetGlobal lifts Asian hotspots
SYDNEY, Australia (CNN) -- Australian broadband wireless service provider SkyNetGlobal says it has lifted the number of its wireless hotspots worldwide to 660, with many of them in Asia. Hotspots are in public areas such as airports, hotels and coffee shops where travellers can connect to the Internet via broadband wireless technology known as WiFi. The hotspot number is up from 440 two months ago and just 50 in August, when Australian telecom giant Telstra bought SkyNetGlobal's wireless network infrastructure for A$3.3 million. The latest 220 hotspots are spread between Japan, Hong Kong, Singapore and Taiwan. SkyNetGlobal already has hotspots in China, the Philippines, the United States, Europe, Australia and New Zealand. Some of the latest Asian ones include Starbucks and Coffee Club cafes in Singapore, Pacific Coffee cafes in Hong Kong, Narita airport in Japan, and Taipei Sungshan airport and International Convention Center in Taiwan. SkyNetGlobal founder and CEO Jonathan Soon announced the increased coverage in a statement to the Australian Stock Exchange on Wednesday morning. Shares in the company are down 9 percent to Aust. 2 cents Wednesday. SkyNetGlobal listed on the ASX on November 15, 2000 at a high of Aust. 54 cents but by late 2001 had drifted down into single digits as the market's appetite for technology startups waned. The shares touched a record low of Aust. 1.5 cents last week.
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