ADC has agreed to acquire FONS for payments of $172 million in cash, net of any FONS debt at the time of closing.
ADC will discuss its acquisition of FONS on a conference call scheduled for July 22, at 8:30 a.
All FONS products are available with Telcordia certified GR-326 connectors and cable assemblies.
FONS designs and manufactures a complete line of passive fiber optic components including connectors, cable assemblies, enclosures, frames, as well as fused and micro-optic technology based optical components and modules, for single-mode and multimode applications.
This is the ideal time to rebuild relationships within the OEM market and as a team, FONS
and PSI bring many advantages and a unique value proposition to these OEM companies.
Tom Ojala "FON
is a perfect companion to roll out wireless Wi-Fi access in mobile phones as FON
already has an established user base of hundreds of thousands of physical FON
La Fonera allows FON members to safely share some broadband with the FON Community and connect in exchange to tens of thousands of FONspots worldwide.
By accepting the offer, referrals help grow the Community through their friends, who also become active members of FON once installed their free WiFi router.
FON is building the world's largest WiFi Community.
The Fon option, which can be activated upon request also for the company s current clients, is accessible for Romtelecom subscribers who have a Huawei HG 658 router, which enables sharing the access to their own WiFi connection from home.
In other words, a customer who shares his own Internet connection from home will have, in his turn, access to the fixed Internet provided by others within the Fon community , said Mathias Hannel, Chief Commercial Officer Residential Segment Romtelecom and Cosmote Romania.