These funds enabled the company to target the growing wireless "hotspot" market, areas providing wireless network access. In May 2003, its newly formed subsidiary, Swisscom Eurospot, merged with the Netherlands' Aervik, which operated some ten hotspots and had access to another 45 sites. By the end of that month, Swisscom advanced its position on the European WiFi market segment by acquiring England's Megabeam and Germany's WLAN AG. As a result, the company controlled 206 hotspots in Germany and Switzerland as well as the third-largest hotspot network in the United Kingdom.