That, in turn, creates congestion problems for wireless carriers, which may push them to partner with Boingo to offload that traffic.

FORBES: Boingo Wireless CEO On 'Challenging' IPO Market And Carrier Partnerships

Before dumping a co-founder, also make sure you have access to key information, such as the firm's bank account and Internet passwords, and that any intellectual property critical to the business is owned by the firm and not the person you're planning to push out, says Anthony McCusker, a partner with law firm Goodwin Procter in Menlo Park, Calif.

WSJ: Splitting With Your Company's Co-Founder Is a Tricky Task

While Ecclestone may not be willing to push the envelope in broadcast tech, having Sky as a broadcast partner could force the issue as it justifies its exclusive access and dedicated broadcast channel.

ENGADGET