Yada Yada Closes Its Doors

Yada Yada, the wireless ISP, is stopping service today at 5 PM EST. All users should have been sent an email yesterday giving details on the shutdown. The company will still allow desktop-based email service until December 13 but that is all. All users have already been refunded for the month of December and everyone who paid for a six month subscription will receive a pro-rated refund.

Yada Yada started up just over a year ago, offering wireless service for $40 a month over Novatel Wireless' Minstrel modems via CDPD. It later expanded to offering service for the Kyocera Smartphone over CDMA.

The company has been struggling for a while. Back in April, the company underwent a reorganization.

It isn't alone in its problems, either. Late last month, OmniSky failed to release a financial report for its most recent quarter, a violation of SEC rules. It is looking into possibly reorganizing, selling itself to someone, or at worst case declaring bankruptcy.

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Now it makes sense...

I.M. Anonymous @ 12/6/2001 4:28:57 PM #
This has been up all day and not a single post. Looks like not a single person could care less, which explains the companies situation...

RE: Now it makes sense...
I.M. Anonymous @ 12/6/2001 4:57:19 PM #
I tried to sign up for their service when it started up but it wasn't available in my area. But neither is OmniSky. Helps explain why they are both in trouble.

BTW, OmniSky has been kicked off of Nasdaq.

RE: Now it makes sense...
I.M. Anonymous @ 12/6/2001 6:07:59 PM #
pricing the pocketpc service over $60 didnt help...

Limit availability, you hang.

fireman54 @ 12/9/2001 12:12:36 PM #
Both were available in limited areas and for limited devices. Does anyone have an idea of how many potential subscribers that had Minstrel III modems that they turned away?



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