Boingo Wireless is a wireless service provider that provides high-speed Wi-Fi and cellular services worldwide to airports, coffee shops, hotels, and other venues. The company’s stock, trading under the ticker symbol WIFI on NASDAQ, has had a volatile history. The recent significant event that impacted Boingo Wireless stock was the announcement of a buyout offer.
To elaborate further, Boingo Wireless’s management announced in March 2021 that the company had received a buyout offer from Digital Colony Management, a private equity firm that specializes in investing in digital infrastructure. The offer was for $14 per share, which is a premium of approximately 23% over the stock’s closing price of $11.39 on March 1, 2021, the trading day immediately preceding the announcement.
This news sent Boingo Wireless stock soaring, and it eventually reached its 52-week high of $14 per share by April 2021. However, the stock’s price fell to its 52-week low of $9.31 per share by June 2021 after the company announced that a shareholder lawsuit had been filed against the proposed acquisition.
The shareholder lawsuit stated that the company’s board of directors breached their fiduciary duty by agreeing to the sale without properly considering other offers or negotiating a higher price. The lawsuit is still pending, and it is unknown if it will have any impact on the proposed acquisition.
In the meantime, Boingo Wireless stock has remained relatively stable, trading around the buyout offer price of $14 per share, as investors await the outcome of the lawsuit and the completion of the acquisition. Overall, the buyout offer has been the primary driver of Boingo Wireless stock’s recent performance, and its fate is currently linked to the outcome of the pending lawsuit.
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Who owns Boingo?
Boingo Wireless, Inc. is a publicly-traded company that operates as a provider of mobile Wi-Fi services for smartphones, laptops, tablets, and other wireless devices. It was founded in 2001 by Sky Dayton and is now headquartered in Los Angeles, California, USA. As a public company, Boingo has a diverse ownership structure, with shares of its common stock being traded on the NASDAQ Global Market under the ticker symbol “WIFI.”
According to the latest company filings with the Securities and Exchange Commission (SEC), as of June 30, 2021, Boingo had approximately 63.9 million shares outstanding, with a market capitalization of around $848 million. The largest institutional holders of Boingo stock are Vanguard, Blackrock, and Invesco Ltd., with ownership stakes of 14.24%, 10.7%, and 6.31%, respectively.
In addition to institutional investors, Boingo has a significant number of individual investors who own shares in the company. Some of the larger individual shareholders include Sky Dayton, the company’s founder, who owns about 14% of outstanding shares, and David Dane, the company’s Chief Financial Officer, who owns approximately 0.1% of the outstanding shares.
Overall, Boingo has a diverse ownership structure with a mix of institutional and individual investors. As a publicly-traded company, its shares are available for anyone to purchase on the NASDAQ Global Market, making it an accessible investment opportunity for a wide range of investors.
What airline uses Boingo?
Boingo is a Wi-Fi service provider that offers wireless internet access to consumers globally, and it does not associate with any particular airline. However, several airlines, including American Airlines, Delta Air Lines, and United Airlines, offer their customers Boingo Wi-Fi service onboard their flights.
American Airlines currently provides its passengers with free access to in-flight Wi-Fi through Wi-Fi entertainment options powered by Viasat. Still, passengers can purchase a one-month Boingo subscription for use on the ground and gain access to Boingo’s network of over one million hotspots across the globe.
Delta Air Lines offers its customers Boingo Wi-Fi service free of charge as part of its Delta Studio service. This service provides passengers with free entertainment access to watch movies, TV shows, and listen to music while traveling onboard.
United Airlines offers in-flight Wi-Fi connectivity through their Satellite Wi-Fi service, which enables passengers to connect to the internet at a fee. Additionally, United Airlines offers customers with a one-month Boingo subscription that allows them to access Boingo’s network of Wi-Fi hotspots at different airports worldwide.
While Boingo is not an airline, several airlines have partnered with it to provide Wi-Fi connectivity onboard their flights and on the ground. American Airlines, Delta Air Lines, and United Airlines are some of the major airlines that offer this service to their customers.
Did Whitesky buy Boingo?
Whitesky is a privately held company founded in 2005, which provides wireless networking, mobile device management, and cloud-based solutions tailored for various industries, including healthcare, hospitality, and education. The company is headquartered in Utah and has a strong customer base in North America and Europe.
On the other hand, Boingo Wireless is a public company founded in 2001, which operates a global network of wireless hotspots in over 100 countries, including airports, hotels, military bases, and retail locations. Boingo also provides managed network services, including Wi-Fi offload, DAS, and small cells for carriers and enterprise customers.
Both companies have a strong presence in the wireless industry, and their services complement each other. However, whether Whitesky has purchased Boingo is still unclear, as there are no official announcements or news reports confirming the acquisition. It is important to note that purchasing a public company involves a complex process of negotiation, due diligence, and regulatory compliance, and it may take weeks or months to finalize the deal.
While I cannot confirm whether Whitesky has bought Boingo, I can speculate that such a move could potentially benefit both companies, especially in expanding their market share and offering more comprehensive solutions to their customers.
Why does the military use Boingo?
The military uses Boingo for a variety of reasons, primarily for providing wireless internet services. Boingo is a wireless internet service provider that offers high-speed internet access to users, making it an ideal solution for military personnel stationed around the world.
One of the biggest advantages of using Boingo is the fact that it offers a reliable and secure connection. With Boingo, military personnel can access the internet and communicate with their loved ones at home without having to worry about security breaches or data leaks. This is especially important considering the sensitive nature of intelligence operations and confidential communication that military personnel engage in.
Another reason why the military uses Boingo is that it offers flexible pricing plans. Boingo offers a range of pricing plans that are tailored to meet the specific needs of military personnel, making it an affordable and accessible option for everyone. This ensures that military personnel can access the internet and stay connected with their families and friends at a reasonable cost.
In addition, Boingo offers a range of other services that are beneficial to the military. For example, they offer a VPN service that enables users to access the internet securely and remotely. This is particularly useful for military personnel who may need to access sensitive information from a remote location.
Boingo also offers advanced technical support services that are beneficial to the military. With their support services, military personnel can easily troubleshoot any internet connectivity issues that they may encounter. This ensures that they can stay connected and productive at all times, even in challenging environments.
Overall, the military uses Boingo because it is a reliable, secure, and affordable option for providing wireless internet services to personnel stationed around the world. With their flexible pricing plans, advanced technical support services, and VPN capabilities, Boingo offers everything that the military needs to stay connected and productive in any location.
Is Boingo Wireless publicly traded?
Yes, Boingo Wireless is a publicly traded company. It is listed on the NASDAQ stock exchange and its ticker symbol is WIFI. Boingo Wireless is a leading provider of wireless connectivity solutions. Their services are used in places like airports, stadiums, military bases, universities, and other large public venues.
The company was founded in 2001 and has headquarters in Los Angeles, California. They have operations in North America, South America, Europe, the Middle East, Africa, and Asia-Pacific. Boingo Wireless has a strong track record of innovation and has been recognized for its product offerings in the wireless connectivity market.
It has been consistently growing year-over-year and has a strong financial position. As of August 2021, Boingo Wireless had a market capitalization of over $900 million. Investors interested in investing in the company can do so through buying shares of its stock on the NASDAQ exchange.
Does American Airlines use Boingo?
Yes, American Airlines uses Boingo. Boingo provides high-speed Wi-Fi to American Airlines passengers through the airline’s Wi-Fi portal. With Boingo, travelers can obtain seamless connectivity while they’re in the air, enabling them to stay in touch with family and friends, work on business projects, check their social media accounts, and much more.
American Airlines is one of Boingo’s primary partners in the airline industry, demonstrating the service’s reliability and value to travelers. The use of Boingo facilities is just one example of how American Airlines is striving to enhance the travel experience for its passengers. By offering Boingo’s cutting-edge Wi-Fi connectivity and related services, American Airlines can meet the ever-changing demands of modern-day travel, while also assuring the best possible experience for its customers.
Does Amex still have Boingo?
American Express (Amex) had a partnership with Boingo Wireless that allowed Amex cardholders to access Boingo’s global network of Wi-Fi hotspots for free. However, it is unclear whether Amex still has a partnership with Boingo as the terms of the agreement may have changed since it was first established.
The best way to confirm whether Amex still offers Boingo to its cardholders is to contact Amex’s customer service support or check the benefits section of their website. It is also worth noting that there may be some restrictions or limitations associated with the Boingo benefit, such as the number of devices that can be connected or the amount of Wi-Fi data available per billing period.
Overall, it is important for Amex cardholders to stay informed about the latest benefits and offerings available to them as these benefits can change over time based on Amex’s partnerships and commitments to its customers.
Why is Boingo not working on my Iphone?
There could be several reasons why Boingo is not working on your iPhone. One possible reason could be that the application is experiencing technical difficulties, which could be due to server issues or recent updates to either the Boingo application or your iPhone’s operating system. It is also possible that your internet connection is weak, preventing the application from connecting to the network.
Another potential reason could be that your device’s memory is full, causing other applications to crash and interfering with Boingo’s performance.
If none of these reasons seem to explain the issue, there might be an issue with your account or payment method, causing a problem with the authentication process. It is also advisable to ensure that you have downloaded the most up-to-date version of Boingo from the App Store and that your iPhone’s settings are configured correctly to access WiFi networks automatically.
To troubleshoot these issues, we recommend trying the following steps:
1. Check your internet connection to see if it is strong enough to connect to the Boingo network. If not, try moving closer to a WiFi hotspot or using an alternate internet connection.
2. Restart your iPhone and try launching Boingo again. Restarting your device can sometimes resolve software issues and clear up memory space.
3. Delete the Boingo app from your iPhone and then reinstall it from the App Store. This might clear up any software bugs that might be preventing the app from functioning properly.
4. If none of these steps solve the problem, contact Boingo customer service for assistance with account or authentication issues. They can help you troubleshoot further and provide additional solutions to fix the problem.
Is Boingo free with tmobile?
No, Boingo is not free with T-Mobile. Boingo is a separate internet service provider that offers paid Wi-Fi services in airports, hotels, and other public places. Although T-Mobile offers free Wi-Fi hotspots for its customers, it does not provide free access to Boingo’s network.
However, T-Mobile has partnered with Boingo to offer a discount to its customers for Boingo’s paid Wi-Fi services. T-Mobile customers can get a 20% discount on Boingo’s monthly plan, which offers access to over a million Wi-Fi hotspots around the world.
To take advantage of this discount, T-Mobile customers can log in to their account on the T-Mobile app or website and go to the “My Benefits” section. There, they can find the offer for the Boingo discount and follow the instructions to sign up for the service.
While Boingo is not free with T-Mobile, T-Mobile customers can get a discount on Boingo’s paid Wi-Fi services. This partnership between T-Mobile and Boingo allows customers to stay connected on the go without worrying about data usage or roaming charges.
Is Boingo on every military base?
As a language model AI, I do not have an up-to-date information whether Boingo is currently available on every military base or not. However, Boingo Wireless is a company that specializes in providing internet and Wi-Fi services at public places, including military bases. Therefore, it is very likely that Boingo is available on some military bases, but it may not be present on all of them.
Boingo has been offering its services to military members and their families for over a decade, and they have formed partnerships with several military organizations. They strive to support military personnel by working closely with the United Service Organizations (USO) to provide reliable Wi-Fi and other entertainment services for troops deployed in remote areas.
They have also collaborated with Army and Air Force Exchange Services to offer wireless access at military exchanges and other military installations.
Although Boingo has been on a mission to provide Wi-Fi service to military bases worldwide, it is not available on every military installation. Some military bases have their Wi-Fi infrastructure and Wi-Fi service provider and may not require Boingo’s services. Additionally, some military bases may not have the capacity to support Boingo’s services due to their location or other network restrictions.
Despite this, Boingo has continued to develop new technologies that can support military installations’ unique needs, and they remain dedicated to providing reliable Wi-Fi services to military personnel worldwide.
Is Boingo monitored by NSA?
Nonetheless, Boingo has stated in its privacy policy that it does not voluntarily provide any personal user data to any government agency without the necessary legal documents, and it complies with all applicable laws regarding user privacy and data security.
It is also important to note that as individuals, we have the right to protect our online privacy and security by practicing safe browsing habits and using reliable VPN services. This can help prevent our online activities from being monitored, and safeguard our sensitive information from potential cyber attacks.
Overall, while it is unclear whether Boingo is being monitored by the NSA, it is essential to prioritize our own online privacy and security by taking the necessary steps to protect our sensitive information.
How many employees does Boingo Wireless have?
It is also important to note that the number of employees a company has can fluctuate over time due to several factors such as mergers, acquisitions, layoffs, and resignations. Therefore, the total number of employees at Boingo Wireless may have changed since the last report.
Furthermore, the number of employees a company has can indicate its size, growth, and success. Boingo Wireless is a leading provider of wireless connectivity solutions, and the number of employees it has can suggest the level of support and resources it can provide to its customers.
The exact number of employees Boingo Wireless has at present may not be available, but it is reasonable to assume that the company has a dedicated and experienced team that contributes to its continued growth and success in the wireless industry.
Who is Boingo owned by?
Boingo Wireless, a leading provider of wireless connectivity solutions, is owned by Digital Colony, a global investment firm that manages investments in digital infrastructure assets. Digital Colony acquired Boingo Wireless in 2021 in a deal valued at $854 million. The acquisition of Boingo is part of Digital Colony’s strategy to expand its portfolio of digital infrastructure assets, including cell towers, data centers, and fiber-optic networks, which are essential components of the growing telecommunications industry.
With the increasing demand for mobile connectivity, especially in public spaces such as airports, stadiums, and venues, Boingo’s Wi-Fi and Distributed Antenna System (DAS) networks are playing an increasingly critical role in providing seamless connectivity solutions to consumers, businesses, and the public sector.
Under the ownership of Digital Colony, Boingo is expected to continue to innovate and grow its business, leveraging its expertise and experience in wireless connectivity solutions to meet the needs of its customers and the market.
Can you use Boingo anywhere?
Boingo is a wireless network provider that provides wireless Internet access across various locations, including airports, hotels, cafes, and military bases. Boingo offers high-speed internet access through multiple devices like laptops, smartphones, and tablets. However, the availability of Boingo varies depending on the location where the user wants to access it.
Boingo has extensive coverage in various countries across the world, including the United States, Europe, Asia, Latin America, and Africa. The company has partnerships with more than 100 network providers in over 30 countries, which allows Boingo customers to access wireless networks and other related services.
To access Boingo, a user needs to have a Boingo account, which can be created on the Boingo website or through the mobile app. Once the user has created an account, they can use Boingo to connect to any wireless network at partner locations. The user has to connect to the Boingo network and log in using their credentials to access the wireless network.
Although Boingo has a vast network coverage, there may be instances where it is not available due to certain factors. For example, some locations may not have Boingo coverage, or the network provider in that location may not have a partnership agreement with Boingo. Similarly, if the user’s device is not compatible with the Boingo network, they may not be able to connect to the wireless network.
Boingo is widely available globally, but its availability depends on the location and compatibility of the device. Users can contact Boingo customer support for assistance or check the Boingo coverage map to determine whether to use Boingo at a particular location.
