Fable: The Goose That Didn’t Lay
There was once a company which said it would implement the fastest roll-out of a wireless technology network in the history of the USA.
The company’s proposition was that a single one of its base stations, operating off unlicensed spectrum in the 902-928MHz frequency band, could provide a VOIP service stretching over 1,000 square miles and that the US could be covered with a VOIP wireless network for $15 million.
The commercial kicker was that the company said that it made a 90% margin on each base station costing $50,000.
So far it hasn’t happened.
Moral: Not every goose lays a golden egg