LOS ANGELES--(BUSINESS WIRE)--Boingo Wireless (NASDAQ: WIFI), the leading DAS and Wi-Fi provider that serves consumers, carriers and advertisers worldwide, today announced that it has signed a tier one U.S. wireless carrier to a multi-year major Wi-Fi offload agreement. The deal will include deployment on up to 40 million of the carrier’s handsets for Wi-Fi offload at Boingo’s managed and operated (M&O) networks in 2015, as well as the option to auto-authenticate onto Boingo’s aggregated network of Wi-Fi hotspots.
“It is clear that with skyrocketing mobile data traffic on cellular networks, the need for carrier Wi-Fi offload has now arrived,” said David Hagan, Chief Executive Officer of Boingo Wireless. “This is a milestone we have been working toward for years, and we believe this agreement is just the first step in what’s to come. True, seamless Wi-Fi offload is here.”
Following a successful market trial with millions of handsets that demonstrated the power of automatic and seamless authentication onto Boingo’s network, this long-term agreement covers the carrier’s entire smartphone customer base.
When the carrier’s smartphone customer comes into range of a Boingo Wi-Fi network, the system will automatically connect the customer’s device to the network, requiring no action from the end-user. Additionally, this agreement encompasses Passpoint-certified mobile devices to leverage seamless Wi-Fi authentication for carrier offload via Boingo’s “Passpoint Secure” network which includes WPA2 enterprise-grade encryption technology. Passpoint allows the end-user to experience effortless and secure connections, simplifying day-to-day mobile device use. On average, Boingo Passpoint users connect to Wi-Fi three times more often than average users and stay connected three times longer.
About Boingo Wireless
Boingo Wireless, Inc. (NASDAQ: WIFI) helps the world stay connected. Our vast footprint of small cell networks cover more than a million DAS and Wi-Fi locations and reaches more than one billion consumers annually – in places as varied as airports, stadiums, universities, and military bases. For more information about the Boingo story, visit www.boingo.com.
Boingo, Boingo Wireless, the Boingo Wireless Logo and Don’t Just Go. Boingo are registered trademarks of Boingo Wireless, Inc. All other trademarks are the properties of their respective owners.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains “forward-looking statements” that involves risks, uncertainties and assumptions. Forward-looking statements can be identified by words such as “anticipates,” “intends,” “plans,” “seeks” “believes,” “estimates,” “expects” and similar references to future periods. These forward-looking statements include the quotations from management in this press release, as well as any statements regarding Boingo’s strategic plans and future guidance. Forward-looking statements are based on the company’s current expectations and assumptions regarding its business, the economy and other future conditions. Since forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. The company’s actual results may differ materially from those contemplated by the forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include regional, national or global political, economic, business, competitive, market and regulatory conditions, as well as other risk and uncertainties described more fully in documents filed with or furnished to the Securities and Exchange Commission (“SEC”), including Boingo’s Form 10-K for the year ended December 31, 2013 filed with the SEC on March 17, 2014, and Form 10-Q for the quarter ended September 30, 2014 filed with the SEC on November 10, 2014. Any forward-looking statement made by Boingo in this press release speaks only as of the date on which it is made. Factors or events that could cause the company’s actual results to differ may emerge from time to time, and it is not possible for Boingo to predict all of them. Boingo undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
