FON to team with Time Warner Cable

FON, the share-your-Wi-Fi service company, that recently announced a new round of funding and partnership with British Telecom is rumored to be in close talks with Time Warner Cable, where FON software and service could be bundled with TWC’s broadband residential gateways. The news could be announced later this week.

FON also has similar agreements with Neuf of France and British Telecom in UK. One of the reasons why a cable provider like Time Warner Cable of other incumbents might be interested in FON is because they want to offer quad play services, and hope to use Wi-Fi-based telephony to fill out their offerings.

These incumbent partnerships should help the company build up some momentum, since the company has holes in its planned global footprint.

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The Madrid-based company was started by Spanish telecom entrepreneur, Martin Varsavsky, who has managed to raise over $35 million for his start-up. The company has raised more funds, this time from Excite Japan and started selling its routers at the Sony Style shops.

Photo by Katie Fehrenbacher

Disclosure: GigaOM readers were offered FON routers for free as part of a special promotional offer.