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Free WiFi provider admits to making up 90 percent of its revenues

08
Jul
2014

If you live in San Francisco or New York, you likely know you can connect to free WiFi in certain locations. Your cities governments partnered with Madrid-based provider Gowex to make that happen — the same company that has recently admitted to doctoring its accounts for the past four years. Gowex might be an unknown to most of us, but it was considered a success story in Spain and performed really well at Madrids Alternative Equity Market, a stock exchange for small companies.

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