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.
You don’t have to be an Olympic-level athlete to wear On’s shoes or apparel, but the company will use the 2024 games to continue growing its footprint.
Companies are making money, the economy is cooling down, and a rate cut or two possible by the fall? It might be time to break out the cautious optimism.
Fed Chair Jerome Powell reported that rates would likely remain elevated due to sticky inflation. Zillow breaks down how this could impact the housing market.
Amanda Chin, SVP of Marketing for the Golden State Warriors, stops by Cheddar to debut Valkyries name and logo and talks why women sports is good for business.
