Today Yuki Yamamura, the CEO of Excite, and I publicly announced in Tokyo that Excite Japan has invested in Fon. The announcement was very well received. Excite’s shares went up 17.4%. I am very pleased to see that not only the Japanese are adopting FON WiFi in great numbers but that the financial markets over here believe that to share a little WiFi at home and roaming the world for free is a valuable proposition as more and more WiFi only gadgets like the Nintendo DS, the Sony PSP and now the Sony Mylo hit the market. We are also very happy to be the first non Sony product selling in the Sony Style shops. As a Spanish company to be received so well in Japan, the most competitive technology market in the world, is extremely “exciting”.

Muchas gracias Japón!

Follow Martin Varsavsky on Twitter: twitter.com/martinvars

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