Internet Company Boingo on Bringing Wireless Tech to the Military
Boingo is one of the largest providers of indoor wireless networks. It provides public access to the internet at stadiums and airports across the country. In Boingo's most recent earnings report, it generated $53.7 million in revenue. That's up 31.5 percent year-over-year.
Boingo CEO Dave Hagen attributes this growth to adding military subscribers.
Boingo's wifi technology is helping people in the military connect to secure internet while on the go. The Boingo network has grown rapidly on military bases over the past three years. Hagen says Boingo is close to 50 percent penetration at the bases, and plans to increase over the next year.
On the future of wireless technology, Hagen says he expects 5G to become commercialized by 2019. Boingo is working on wireless fiber lines and fiber board to move this technology forward. Hagen is also chairman of Consumer Technology Association.
At CES 2018, he is inspired to see developments in robotics and artificial intelligence.
‘Taco’ chance on the markets’ volatility, this is nacho average opportunity! Plus: Southwest, Boeing, Disney, Nvidia, Stellantis, McDonalds, Warner Brother
The Court of Appeals for the Federal Circuit on Thursday allowed the president to temporarily continue collecting the tariffs under the emergency powers law while he appeals the trade court’s decision.
Macy’s sales and profit slipped in its first quarter and the department store, citing more cautious customers and the impact that a trade war launched by the U.S., trimmed its profit forecast for 2025.
