ISP News
Categories
Buring 100 Million since 1999 - Another NZ ISP bytes the dust!
Posted on 2016/05/26 at 14:53:19Woosh Wireless, the Auckland-based wireless broadband operator, has gone into voluntary administration.
The company was founded in 1999 and has burnt through more than $100
million since then. It was bought by California-based Craig Wireless for
US$5 million in 2011. In August 2015 it sold its fixed line network of
9,000 customers to rival broadband operator, Slingshot.
"Woosh hasn't been trading profitably for some time and there have
been some service issues for its 2,000 customers," Jackson said. "We are
also mindful of the customers who rely on Woosh Wireless for their
landline and broadband services, particularly those in remote parts of
New Zealand".
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11644756
