LinkNYC plans 5G reboot after falling short of revenue projections

The troubled LinkNYC Wi-Fi kiosk program—which has fallen greatly short of its rosy advertising revenue projections—is getting a reboot, this time betting on the next-generation 5G network.  

A proposed deal between City Hall and LinkNYC’s private operator, CityBridge, would drastically cut the hefty revenue-sharing payments, which CityBridge had been struggling to pay to the city. In exchange, CityBridge would add at least 2,000 kiosks outside of Lower Manhattan and Midtown in the next three years, as well as pay back $60 million it owes the city from prior years.

The new kiosks would be newly enabled with 5G cellular equipment, along with Wi-Fi and USB charging. The hope

→ Continue reading at Crain's New York Business

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