Apple Initiates Replacement Program for 3rd Generation Apple TVs With Wi-Fi Connectivity Issues
Apple has notified its retail stores, authorized resellers, and AppleCare employees about WiFi issues being experienced by a small portion of its third generation Apple TVs, reports 9to5Mac. The units are having issues locating and joining WiFi networks and maintaining a connection.
Apple has determined that a very small number of Apple TV (3rd generation) products might experience one of these Wi-Fi related connectivity issues:
Cannot locate network
Unable to join network
Dropped or intermittent connection.
Apple technicians are authorized to replace affected products for two years from the original date of purchase at no charge to the customer after verifying that the devices are running software version 5.2.1 and that there are no third party interference issues.
The Apple TVs experiencing connectivity problems feature the following serial numbers:

The third generation Apple TV, which features support for 1080p video, was first released in March of last year. It was later tweaked in late January to include a smaller A5 chip.
Update: According to several readers, Apple has acknowledged that it initially erred in referring to the character pairs appearing the third and fourth positions of the serial number. The listed pairs would actually occur in the fourth and fifth positions.
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Top Rated Comments
Yeah, I know... I'm probably holding it wrong.
Same here, but it is not a free Apple TV, you did pay for it before...
Or maybe he was telling the truth and he hadn't heard of any other cases at the time. Maybe he doesn't comb these boards like we do?
The thing with mine is that I have connectivity issue with the wired LAN since I updated to 5.2.1. Pre-5.2.1 it worked perfectly fine. Now every time when I wake it up out of sleep it has no network connectivity. A reboot is needed to get it back on-line. :confused:
Any one seen this problem?
PS I have JD in 4,5th position (bought Dec 2012), so it looks like I am not eligible for a replacement?
If it says X and yours is Y then no. That said, if its under warranty there is no harm taking it in. Just because its not part of this program doesn't mean there couldn't be something wrong with it
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Not wrong, so much as they aren't told every single issue that any cx claims to have at any store in the world. And given the variety of issues and causes for the multitude of products they see it is possible for someone to not see the exact same issue (symptom and cause) twice.