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MyZones: "supporters" deny links with collapsed WiFi company

by Guy Kewney | posted on 19 April 2004


A week ago, all sorts of big names were up on the official web site of MyZones; financiers, company directors, and so on. This week, suddenly, they're all distancing themselves from the collapsed WiFi broadband provider.

Guy Kewney

"The director, Clive Mayhew-Begg hyped his site a lot," said a source inside SUM International Holdings. "He's claiming things that are not true." Amongst those, said this source, were his claim that Yoram Amiga, a director of SUM, and Dr Stuart Marsden, were "part of the MyZones team."

The claim was hardly secret. In black and white on the 'about us' page, the following information was copied - today - verbatim:

MyZones Investors

Sum International Holdings are the principal investor of MyZones.

SIH is a private equity fund based in Geneva and London. SIH invests in early round funding of technology companies. SIH focus specifically on multi-media, wireless, telecommunications and Internet related investments.

www.suminternational.com

MyZones Team

Yoram Amiga, partner Sum International holdings, Chair of MyZones Ltd

Currently serves on the Board of Directors of several comapnies [sic] including Intuwave Ltd and Poptel Ltd.

yoram@myzones.net

When compiling our report on the collapse of MyZones, we phoned several of the people who were on the site as directors, without response. Following the report, however, the unofficial response has been prompt - and unambiguous: "They never were associated with MyZones."

The "official" unofficial response, from friends of Marsden and Amiga was: "Clive Mayhew-Begg over-hyped himself, trying to associate himself with people he wasn't associated with. Mayhew-Begg and Ken Wolstencroft, Technical director of MyZones, were the only directors. Yoram Amiga and Stuart Marsden were never founders, nor investors," said our source.

"The only remaining link is that Poptel Limited is a large creditor for services provided for MyZones in its non-wireless business," said the source inside SUM. "That's why if you phone them, you go through to Real Poptel."

We still haven't heard from either Amiga or Marsden, and can't pass on their explanation of why the MyZones claim was unchallenged when published on the web site.

However, see discussion area for pointers to later followup stories such as this one


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