NBCi, Spinway Team to Serve Up Free Internet Access
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The interactive companies Wednesday announced an alliance to provide free Internet access to NBCi's 12 million registered members of its XOOM.com Web portal.
Spinway.com will provide the Internet access and advertising services to support the NBCi free service offeromg. NBCi (NBCI) will obtain a minority equity stake in Spinway.com in exchange for distribution. Financial terms of the deal were not disclosed.
The new free Internet service plans to lure users to its search, shopping and resource centers features as co-branded at NBCi's XOOM.com and Snap.com portals.
"Today's agreement with Spinway.com enables NBCi's XOOM.com to add free Internet access to our already impressive list of high-quality Internet tools and functionality that attracts users to become members and transact with our e-commerce and shopping partners," Kitze said.
Danny Robinson, Spinway.com founder and chief executive officer, said the NBCi free Internet service offer enables XOOM.com to offer a complete access solution to millions of people.
"Spinway.com's strategy encompasses both dial-up and broadband technology and is completely aligned with NBCi's vision," Robinson added.