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.
Voya Financial CEO Heather Lavallee marks 10 years of Voya Cares, spotlighting research and expanding financial access for Americans with disabilities.
When Treasury Secretary Scott Bessent (above) and Fed chair Jay Powell jointly summon America’s top bankers to a meeting in Washington, you know it’s big.
Kim Crawford Goodman, CEO of Smarsh, breaks down how financial firms are scaling AI while managing compliance, risk, and regulation in a changing landscape.
Elizabeth Renter, Senior Economist at NerdWallet, breaks down how inflation and oil price shocks are driving higher costs and squeezing consumers today.
David Branch of Wells Fargo explains why cocoa prices are falling but some candy costs remain high and when consumers may finally see relief at checkout.
