Boingo Wireless

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Boingo Wireless, Inc.
Public
Traded asNASDAQWIFI
IndustryComputer software, IT services
FoundedLos Angeles, CA (2001)
FounderSky Dayton
Headquarters10960 Wilshire Blvd.
Suite 800
Los Angeles, CA
Key people
Sky Dayton,
Founder;
David Hagan,
Chief Executive Officer and Chairman of the Board;
Nick Hulse,
President
ProductsSoftware technology and roaming services for wireless networks
RevenueIncrease US$ 106.7 million (2013)[1]
WebsiteBoingo.com
 
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Boingo Wireless, Inc.
Public
Traded asNASDAQWIFI
IndustryComputer software, IT services
FoundedLos Angeles, CA (2001)
FounderSky Dayton
Headquarters10960 Wilshire Blvd.
Suite 800
Los Angeles, CA
Key people
Sky Dayton,
Founder;
David Hagan,
Chief Executive Officer and Chairman of the Board;
Nick Hulse,
President
ProductsSoftware technology and roaming services for wireless networks
RevenueIncrease US$ 106.7 million (2013)[1]
WebsiteBoingo.com

Boingo Wireless is an American company that provides mobile Internet access for wireless-enabled consumer devices. The company reports having more than a million small cell networks for cellular extension services a.k.a. distributed antenna system (DAS), and Wi-Fi access that reach more than one billion consumers annually.[2] The company is headquartered in Los Angeles, California.

History[edit]

Boingo was founded in 2001 by Earthlink co-founder Sky Dayton to address the then fragmented state of Wi-Fi networks.[3] He saw how Wi-Fi "could help make the Internet as ubiquitous as the air we breathe."[4]

In March 2007, Boingo acquired Concourse Communications Group,[5] which extended Boingo's services into Wi-Fi and cellular DAS networks at airports.[5][6] On November 10, 2008, Boingo acquired Opti-Fi Networks’ Wi-Fi holdings, adding another 25 airport Wi-Fi networks to its portfolio of managed locations and bringing its total of airport Wi-Fi networks to 55.[7]

On May 4, 2011, Boingo Wireless went public, giving the company a market cap of approximately $439 million. The stock price dropped soon afterward, and Boingo's IPO was initially viewed as "less than auspicious",[8] but the stock recovered a year later to its IPO price.[9]

The company acquired Cloud Nine Media on August 8, 2012, adding advertising services for sponsored Wi-Fi.[10]

On February 21, 2013, the company acquired Endeka Group, a provider of Wi-Fi and IPTV services to military bases and federal law enforcement training facilities.[11] In November 2013, Boingo announced contracts with the U.S. Army, U.S. Marines Corps, and U.S. Air Force to install IPTV and broadband access networks on their posts.[12]

In September 2013, Boingo announced the acquisition of its largest competitor, Advanced Wireless Group (AWG).[13] At the time of the announcement, AWG operated networks at 17 U.S. airports, including Los Angeles International (LAX), Miami International Airport, Detroit Metropolitan Airport, and Logan Airport in Boston. Boingo announced that the combined entity would operate in 60 percent of North America’s top 50 airports and more than 40 percent of the world’s top 50 airports, reaching more than 1.4 billion passengers annually.[14]

As of January 2014, Boingo's market cap stood at $225.55 million.[15]

Products and services[edit]

Boingo acquires wireless rights in public and private locations such as airports, universities, military bases and stadiums, builds DAS, small cell and Wi-Fi networks to serve those areas, and monetizes those networks through carrier fees, user charges or through advertising.[16]

Boingo has an integrated hardware and software platform used to provide a range of Wi-Fi related services to telecom operators, network operators, device manufacturers, technology companies, enterprise software and services companies, and venue operators, through its wholesale services:

Retail services include:

Boingo also sells advertising on its Wi-Fi platform, through landing page access and display advertising. Advertisers sponsor free Wi-Fi access in exchange for consumers' viewing advertising such as offers and video placements.[21]

Awards and recognition[edit]

References[edit]

  1. ^ "Boingo Wireless Inc Form 10-K". United States Securities and Exchange Commission. 
  2. ^ "WIFI Boingo Wireless Inc Quarterly Report". morningstar.com. 2014-09-30. Retrieved 2014-12-17. 
  3. ^ "Day 2 at 802.11 Planet Conference - Wi-Fi Networking News". Wifinetnews.com. 2002-12-04. Retrieved 2014-02-18. 
  4. ^ "Sky Dayton, founder of Boingo Wireless - Where are they now?". FierceWireless.om. 2013-06-18. Retrieved 2014-04-25. 
  5. ^ a b Ron (2006-05-22). "Boingo Wireless Acquires Airport Cellular, Wi-Fi Operator Concourse Communications - Wi-Fi Networking News". Wifinetnews.com. Retrieved 2014-02-18. 
  6. ^ Fri, 03/02/2007 - 6:19pm. "Boingo Completes Concourse Buy". Wirelessweek.com. Retrieved 2014-02-18. 
  7. ^ "Boingo Acquires Opti-Fi To Boost Airport Wi-Fi". InformationWeek. Retrieved 2014-02-18. 
  8. ^ "Boingo Wireless IPO Finds Lukewarm Reception On Day One". Forbes. 2011-04-05. Retrieved 2014-02-18. 
  9. ^ "Gogo Files For $165 Million IPO". Benzinga.com. 2013-06-10. Retrieved 2014-04-25. 
  10. ^ "MediaPost Publications Boingo Buys Wi-Fi Startup Cloud Nine Media 08/08/2012". Mediapost.com. Retrieved 2014-02-18. 
  11. ^ "Boingo Wireless (WIFI) to Acquire Endeka". Streetinsider.com. 2013-02-21. Retrieved 2014-02-18. 
  12. ^ "Boingo supports the troops with IPTV, winning contracts to connect U.S. military bases". gigaom.com. 2013-11-08. Retrieved 2014-04-30. 
  13. ^ "Boingo Wireless Acquires Advanced Wireless Group". CommercialObserver.com. 2013-10-13. Retrieved 2014-04-30. 
  14. ^ "Boingo Acquires AWG, Combining Airport Industry’s 2 Largest Wi-Fi Providers". AirportRevenueNews.com. 2013-09-26. Retrieved 2014-04-30. 
  15. ^ Boingo at Yahoo! Finance
  16. ^ "Boingo Wireless: Leading the Small Cell Revolution". shareholder.com. 2014-12-01. Retrieved 2014-12-18. 
  17. ^ "Stadium Tech Report: Boingo, AT&T answer call for more DAS bandwidth at Chicago’s Soldier Field". MobileSportsReport.com. 2013-12-26. Retrieved 2014-04-30. 
  18. ^ "Wi-Fi roaming starts to take flight with Hotspot 2.0". PCWorld.com. 2014-02-24. Retrieved 2014-04-30. 
  19. ^ "Time Warner Cable, Boingo turn on Hotspot 2.0". GigaOM.com. 2014-12-17. Retrieved 2014-12-18. 
  20. ^ "Boingo serves up broadband for U.S. military". FierceWireless.om. 2014-10-26. Retrieved 2014-12-17. 
  21. ^ "Boingo's Cloud Nine deal shows how public Wi-Fi is changing". FierceWireless.com. 2012-08-08. Retrieved 2014-04-30. 
  22. ^ "Global Traveler announces the cream of the crop of 2013". GlobalTravelerUSA.com. 2013-12-01. Retrieved 2014-05-01. 
  23. ^ "Readers Choice Awards - 2012". About.com. 2012-12-31. Retrieved 2014-05-01. 

External links[edit]