way oversold, page-5

Sure - but how many is that?

I'm not trying to be combative or a hater. I just can't get my head around how something like free wifi at a train station converts into all that much revenue. If McDonalds can give it to me for free for buying a cheeseburger, then...?

How much money would they make per user? $1? $10? $100? Or... $0.10? $0.01? Less?

Think about internet ads. CPM and all that jazz. It takes tens of thousands of view to make a few dollars. How is GCN (or anyone) going to get that with free wifi?

I think free wifi is neat. I just don't think all that many people will use it, or that it provides much value/revenue. Does it provide any? Sure. Enough to keep the lights on? We'll see.