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Ricochet Relaunches in Denver as a Wireless Broadband Provider to Homes and Businesses

Yesterday, Unstrung reported that Ricochet Networks has relaunched in Denver as a provider of broadband access to homes and businesses that are neither served by DSL nor cable modem services. This is a major change in the business model. Metricom, the company that offered the Ricochet wireless internet service prior to its spectacular bankruptcy, targeted mobile professionals at airports and in densely built downtown areas of major cities.

Mort Aaronson, Ricochet's CEO said, "The users weren't mobile… you could own 1,000 percent of the mobile business market and still go bankrupt." So, we assume that we should not expect much Ricochet re-deployment in the New York and Philadelphia metropolitan areas any time soon.

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