I infer from the article that the positioning will all be done by the router so the consumer will not need any new hardware on their Smartphone to reap the benefits of the precise indoor positioning. I guess then the questions will be how quickly the map programs can implement the associated indoor maps ... and what options consumers have to "opt out" of being tracked.
Several nanoseconds probably refers to the time resolution of the tracking method. 3.33ns would be about 1m, and later it's indicated that location resolution is to within a meter, so while the sentence is a bit nebulous, this seems to be the intent.
As we unveil EE Times’ 2015 Silicon 60 list, journalist & Silicon 60 researcher Peter Clarke hosts a conversation on startups in the electronics industry. Panelists Dan Armbrust (investment firm Silicon Catalyst), Andrew Kau (venture capital firm Walden International), and Stan Boland (successful serial entrepreneur, former CEO of Neul, Icera) join in the live debate.