Wireless hotspot provider, Tomizone Ltd
(ASX:TOM), has announced an expansion in the number of vessels across the Harbour City Ferries (HCF) fleet using its technology.
The company says that its Wi-Fi connectivity has been implemented on four Manly ferries, belonging to Harbour City Ferries. The company has now decided to expand this offering to another 15 vessels.
Tomizone has a revenue sharing agreement with Harbour City Ferries, whereby its 15 million ferry passengers can connect to Wi-Fi, and are also subject to targeted advertising.
The company is expecting the expansion across more ferries will deliver increased monthly revenues.
Tomizone posted a net loss of $4 .6 million at 30 June 2016.