[5] In the late 1980s, TV Answer applied for and was later allocated special spectrum (218-219 MHz) by the Federal Communications Commission for its proposed service;[6] however, the FCC denied the company’s request for a nationwide license and instead offered hundreds of regional and metropolitan licenses by lottery and auction.
[4] Recognizing that its advancements were applicable beyond interactive television, the company changed its name in 1993 to EON Corporation to mark the broader focus of its business initiatives.
[5] As EON Corporation, the company worked to establish a nationwide infrastructure for two-way data and messaging services.
The applications ranged from advanced meter reading (the smart grid) to inventory monitoring and control of remote assets such as vending machines.
The company continues to invest in developing wireless technology and sourcing applications across multiple industries.