After bankruptcy, in November 2001, Aerie Networks, a Denver-based broadband firm, purchased the assets of the company at a liquidation sale. Service was restored to Denver in August 2002, and to San Diego in November 2002. Aerie sold Ricochet to EDL Holdings in 2003, who then sold it to YDI Wireless in 2004. YDI Wireless changed its name to Terabeam Inc., and Ricochet then operated as a subsidiary of Terabeam. Terabeam pursued a less ambitious strategy for Ricochet and announced no plans for expansion. During the bankruptcy, ownership of the Ricochet radio transmitters had reverted to the municipalities where the radios were installed, so any expansion would have required Ricochet to renegotiate agreements with the cities or counties in question. In the meantime, wireless data services carried over the cellular telephone network had become increasingly popular (and available in most population centers worldwide), making the value of Ricochet technology unclear.