Toggle SGML Header (+)


Section 1: 8-K (FORM 8-K)

0001169988 false 0001169988 2020-08-04 2020-08-04 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): August 4, 2020

 

 

BOINGO WIRELESS,INC.

(Exact name of registrant as specified in its charter)

 

 

Delaware   001-35155   95-4856877
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (IRS Employer
Identification No.)

 

10960 Wilshire Blvd., 23rd Floor
Los Angeles, California
  90024
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (310586-5180

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Common Stock, $0.0001 par value   WIFI   The NASDAQ Stock Market LLC
(Title of each class)   (Trading symbol)   (Name of each exchange on which registered)

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

  

 

 

Item 2.02. Results of Operations and Financial Condition.

 

On August 4, 2020, Boingo Wireless, Inc. (the “Company”) issued a press release announcing its financial results for the second quarter ended June 30, 2020. The full text of the press release issued in connection with the announcement is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

 

The information in this Current Report on Form 8-K (including Exhibit 99.1) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, except as expressly set forth by specific reference in such a filing.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit
No.  
  Description  
     
99.1   Press release dated August 4, 2020 entitled “Boingo Wireless Reports Second Quarter 2020 Financial Results” issued by Boingo Wireless, Inc. on August 4, 2020.
104   Cover Page Interactive Data File (embedded within XBRL document)

 

  

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  BOINGO WIRELESS, INC.
     
Date: August 4, 2020 By: /s/ Peter Hovenier
     Peter Hovenier
     Chief Financial Officer

 

  

 

(Back To Top)

Section 2: EX-99.1 (EXHIBIT 99.1)

Exhibit 99.1

 

PRESS RELEASE

 

Boingo Wireless Reports Second Quarter 2020 Financial Results

 

Awarded three new DAS venues and signed 11 Tier 1 carrier contracts

 

Launched Wi-Fi offloading trial with Google

 

Generated $27.7 million in second quarter net cash provided by operating activities, a 200% increase year-over-year

 

LOS ANGELES – August 4, 2020 – Boingo Wireless (NASDAQ: WIFI), the leading distributed antenna system (“DAS”) and Wi-Fi provider that serves carriers, consumers, property owners and advertisers worldwide, today announced the Company's financial results for the second quarter ended June 30, 2020.

 

Second Quarter 2020 Financial Highlights

 

·Revenue of $58.7 million decreased 2.0% compared to $59.9 million in the first quarter of 2020 and decreased 14.4% compared to $68.6 million in the second quarter of 2019.

 

oMilitary/multifamily revenue of $23.7 million increased 4.4% compared to $22.7 million in the first quarter of 2020 and decreased 2.8% compared to $24.4 million in the second quarter of 2019.

 

oDAS revenue of $22.2 million modestly increased compared to the first quarter of 2020 and decreased 19.6% compared to $27.6 million in the second quarter of 2019. DAS revenue for the second quarter of 2020 was comprised of $14.0 million of build-out project revenue and $8.2 million of access fee revenue.

 

oWholesale Wi-Fi revenue of $9.7 million decreased 0.4% compared to the first quarter of 2020 and decreased 9.4% compared to $10.7 million in the second quarter of 2019.

 

oRetail revenue of $2.4 million decreased 20.0% compared to $3.0 million in the first quarter of 2020 and decreased 38.4% compared to $3.8 million in the second quarter of 2019.

 

oAdvertising and other revenue of $0.7 million decreased 70.6% compared to $2.3 million in the first quarter of 2020 and decreased 66.0% compared to $2.0 million in the second quarter of 2019.

 

·Net loss attributable to common stockholders was $(5.8) million, or $(0.13) per diluted share, compared to a net loss of $(4.6) million, or $(0.10) per diluted share, in the first quarter of 2020, and net income of $0.2 million, or break-even per diluted share, in the second quarter of 2019.

 

·Adjusted EBITDA of $21.3 million increased 13.7% compared to $18.7 million in the first quarter of 2020 and decreased 2.6% compared to $21.9 million in the second quarter of 2019. Adjusted EBITDA, which is a non-GAAP financial measure, is defined below and is reconciled to net (loss) income attributable to common stockholders, the most comparable measure under GAAP, in the schedule entitled “Reconciliation of Net (Loss) Income Attributable to Common Stockholders to Adjusted EBITDA.”

 

·Net cash provided by operating activities of $27.7 million increased 45.3% compared to $19.0 million in the first quarter of 2020 and increased 199.7% compared to $9.2 million in the second quarter of 2019.

 

1

 

 

·Free cash flow was $(1.4) million compared to $(3.6) million in the first quarter of 2020 and $(32.2) million in the second quarter of 2019. Free cash flow, which is a non-GAAP financial measure, is defined below and is reconciled to net cash provided by operating activities, the most comparable measure under GAAP, in the schedule entitled "Reconciliation of Net Cash Provided by Operating Activities to Free Cash Flows."

 

·Cash, cash equivalents and marketable securities were $172.0 million at June 30, 2020 down slightly from $175.2 million at March 31, 2020. As of June 30, 2020, the Company had $50.0 million of remaining borrowing capacity under its revolving credit facility.

 

Management Commentary

 

“As the pandemic has demonstrated, wireless connectivity continues to play an increasingly critical role in our daily lives,” commented Mike Finley, Chief Executive Officer, Boingo Wireless. “This need for connectivity demonstrates Boingo’s resilience as an essential business as well as the durability of our business model. Despite the challenges presented by COVID-19, we see velocity in our business continue with new wins in all key verticals including: three new DAS venues, 11 carrier contracts, a Wi-Fi offload trial with Google, four multifamily venues, and bulk-services and macro cell towers on military bases. The sequential decline in our revenue was largely related to our legacy businesses, specifically advertising and retail, which were impacted by the historic downturn in passenger travel due to the COVID-19 pandemic. Importantly, our team has done an excellent job managing expenses, which led to a 13.7% increase in adjusted EBITDA over the first quarter of 2020 to $21.3 million.”

 

Mr. Finley continued, “Approximately 95% of our revenue is either contractual or recurring. We have a strong balance sheet and liquidity to operate and grow the business as our core operations continue to generate positive operating cash flow.”

 

Business Highlights

 

·The Company signed a trial agreement with Google to provide Wi-Fi offload using Passpoint technology to Google Fi devices.

 

·The Company was awarded the wireless rights to design, install, operate and maintain neutral host cellular DAS and Wi-Fi 6 networks at the new Major League Soccer (“MLS”) stadium currently under construction in Austin, Texas. The new stadium will be home to Austin FC and is scheduled to open in spring 2021 for the club’s inaugural MLS season.

 

·The Company signed a long-term agreement with South Dakota State University (“SDSU”) to provide campus-wide DAS coverage that includes the SDSU Jackrabbit’s football stadium.

 

·The Company signed a long-term agreement with the Massachusetts Port Authority to design, build and operate an inner-city DAS network in Boston’s Seaport District.

 

·The Company was selected by the Hawaii Tourism Authority to design, build, operate, and maintain a neutral host cellular and public safety DAS network for the Hawaii Convention Center to bring improved cellular coverage and capacity in the 5G era. This contract expands Boingo’s footprint in Hawaii, which already covers five major airports, three military bases and a multifamily community.

 

·As of June 30, 2020, the Company had a total of 73 DAS venues live comprised of 40,500 DAS nodes and an additional 11,100 nodes in backlog. This compares to 69 venues live comprised of 35,200 nodes as of June 30, 2019.

 

2

 

 

Business Outlook

 

Management is continuing to work with its Board of Directors and advisors to assess opportunities related to a potential strategic transaction. As a result, the Company is maintaining its suspension of forward-looking financial guidance until further notice.

 

Conference Call Information

 

Members of Boingo Wireless’ management will host a conference call to discuss their second quarter 2020 financial results beginning at 4:30 p.m. ET (1:30 p.m. PT), today, August 4, 2020. To participate in the conference call, investors from the U.S. and Canada should dial (877) 407-9716 and enter the passcode: 13706957 ten minutes prior to the scheduled start time. International callers should dial +1 (201) 493-6779 and enter the same passcode. The conference call will be broadcast live over the Internet in the Investor Relations section of the Company’s website at http://investors.boingo.com. In addition, a supplement reflecting the Company’s key business metrics will be made available in the Investor Relations section of the Company’s website. The supplement and webcast will be archived online upon completion of the conference call.

 

Use of Non-GAAP Financial Measures

 

To supplement Boingo Wireless’ financial statements presented on a GAAP basis, Boingo Wireless provides Adjusted EBITDA and free cash flow as supplemental measures of its performance.

 

The Company defines Adjusted EBITDA as net (loss) income attributable to common stockholders plus depreciation and amortization of property and equipment, stock-based compensation expense, amortization of intangible assets, income tax expense (benefit), interest expense and amortization of debt discount, interest income and other expense, net, non-controlling interests, and excludes charges or gains that are nonrecurring, infrequent, or unusual. Boingo Wireless believes Adjusted EBITDA is useful to investors in evaluating its operating performance. Boingo's management uses Adjusted EBITDA in conjunction with accounting principles generally accepted in the United States, or GAAP, and other operating performance measures as part of its overall assessment of the Company's performance for planning purposes, including the preparation of its annual operating budget, to evaluate the effectiveness of its business strategies and to communicate with its board of directors concerning its financial performance. Adjusted EBITDA should not be considered as an alternative financial measure to net (loss) income attributable to common stockholders, which is the most directly comparable financial measure calculated in accordance with GAAP, or any other measure of financial performance calculated in accordance with GAAP. Adjusted EBITDA for 2020 excludes transaction costs and litigation loss contingencies because they represent non-recurring charges and are not indicative of the underlying performance of the Company’s business operations.

 

The Company defines free cash flow as net cash provided by operating activities, less purchases of property and equipment. Boingo Wireless believes that free cash flow provides investors with additional useful information to measure operating liquidity because it reflects the amount of cash generated by the Company's operations after the purchases of property and equipment that can be used for strategic opportunities. Free cash flow should not be considered as an alternative financial measure to net cash provided by operating activities, which is the most directly comparable financial measure calculated in accordance with GAAP, or any other measure of financial performance calculated in accordance with GAAP.

 

3

 

 

About Boingo Wireless

 

Boingo Wireless, Inc. (NASDAQ: WIFI) helps the world stay connected. Our vast footprint of DAS, Wi-Fi and small cells reaches more than a billion people annually, making Boingo one of the largest providers of indoor wireless networks. You’ll find Boingo connecting people at airports, stadiums, military bases, convention centers, multifamily communities and commercial properties. To learn more about the Boingo story, visit www.boingo.com.

 

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 future growth opportunities, operations and financial performance, including due to COVID-19, strategic plans and transactions and any 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 the impact of health epidemics, including the recent COVID-19 pandemic, on the Company’s business, the Company's ability to maintain its existing relationships and establish new relationships with venue partners, its ability to complete build-outs and sign venue contracts, its ability to maintain revenue growth and achieve profitability, its ability to execute on its strategic and business plans, its ability to successfully compete with new technologies and adapt to changes in the wireless industry, as well as other risks 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, 2019 filed with the SEC on March 2, 2020, and Form 10-Q for the quarter ended March 31, 2020 filed with the SEC on May 8, 2020, which the Company incorporates by reference into this press release. 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.

 

Boingo, Boingo Wi-Finder, Boingo Broadband, and the Boingo Wireless Logo are registered trademarks of Boingo Wireless, Inc. All other trademarks are the properties of their respective owners.

 

4

 

 

Boingo Wireless, Inc.

Condensed Consolidated Statements of Operations

(Unaudited)

(In thousands, except per share amounts)

 

   Three Months Ended   Six Months Ended 
   June 30,   June 30, 
   2020   2019   2020   2019 
Revenue  $58,672   $68,554   $118,558   $135,027 
Costs and operating expenses:                    
Network access   27,885    29,802    56,644    61,213 
Network operations   13,549    14,249    26,836    28,391 
Development and technology   6,498    8,353    13,483    17,352 
Selling and marketing   5,852    6,194    11,431    12,061 
General and administrative   7,289    7,015    14,039    15,309 
Amortization of intangible assets   1,105    1,131    2,216    2,262 
Total costs and operating expenses   62,178    66,744    124,649    136,588 
(Loss) income from operations   (3,506)   1,810    (6,091)   (1,561)
Interest expense and amortization of debt discount   (2,773)   (2,155)   (5,122)   (4,550)
Interest income and other expense, net   121    493    375    1,212 
(Loss) income before income taxes   (6,158)   148    (10,838)   (4,899)
Income tax (expense) benefit   (71)   81    (116)   (111)
Net (loss) income   (6,229)   229    (10,954)   (5,010)
Net (loss) income attributable to non-controlling interests   (389)   13    (481)   (73)
Net (loss) income attributable to common stockholders  $(5,840)  $216   $(10,473)  $(4,937)
                     
Net (loss) income per share attributable to common stockholders:                    
Basic  $(0.13)  $0.00   $(0.24)  $(0.11)
Diluted  $(0.13)  $0.00   $(0.24)  $(0.11)
                     
Weighted average shares used in computing net (loss) income per share attributable to common stockholders:                    
Basic   44,391    44,041    44,331    43,786 
Diluted   44,391    44,378    44,331    43,786 

 

5

 

 

Boingo Wireless, Inc.

Condensed Consolidated Balance Sheets

(Unaudited)

(In thousands, except per share amounts)

 

   June 30,   December 31, 
   2020   2019 
Assets          
Current assets:          
Cash and cash equivalents   $151,947   $40,401 
Marketable securities    20,100    40,214 
Accounts receivable, net    22,236    33,350 
Prepaid expenses and other current assets    8,363    8,235 
Total current assets    202,646    122,200 
Property and equipment, net    392,940    380,243 
Operating lease right-of-use assets, net    13,989    15,196 
Goodwill    58,579    58,579 
Intangible assets, net    12,724    14,940 
Other assets    11,130    9,309 
Total assets   $692,008   $600,467 
           
Liabilities and stockholders’ equity          
Current liabilities:          
Accounts payable   $27,434   $24,298 
Accrued expenses and other liabilities    56,356    65,152 
Deferred revenue    66,141    61,229 
Current portion of operating leases    2,597    2,695 
Current portion of long-term debt    60,778    778 
Current portion of finance leases    1,790    2,721 
Current portion of notes payable    707    1,527 
Total current liabilities    215,803    158,400 
Deferred revenue, net of current portion    167,287    166,660 
Long-term portion of operating leases    15,933    17,357 
Long-term debt    207,115    162,708 
Long-term portion of finance leases        572 
Long-term portion of notes payable        95 
Deferred tax liabilities    1,005    993 
Other liabilities    184    201 
Total liabilities    607,327    506,986 
           
Commitments and contingencies          
           
Stockholders’ equity:          
Preferred stock, $0.0001 par value; 5,000 shares authorized; no shares issued and outstanding         
Common stock, $0.0001 par value; 100,000 shares authorized; 44,465 and 44,224 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively    4    4 
Additional paid-in capital    237,985    234,638 
Accumulated deficit    (151,446)   (140,973)
Accumulated other comprehensive loss    (2,448)   (1,426)
Total common stockholders’ equity    84,095    92,243 
Non-controlling interests    586    1,238 
Total stockholders’ equity    84,681    93,481 
Total liabilities and stockholders’ equity   $692,008   $600,467 

 

6

 

 

Boingo Wireless, Inc.

Condensed Consolidated Statements of Cash Flows

(Unaudited)

(In thousands)

 

   Six Months Ended 
   June 30, 
   2020   2019 
Cash flows from operating activities          
Net loss   $(10,954)  $(5,010)
Adjustments to reconcile net loss including non-controlling interests to net cash provided by operating activities:          
Depreciation and amortization of property and equipment    38,175    35,883 
Amortization of intangible assets    2,216    2,262 
Impairment loss, loss on disposal of fixed assets and intangible assets held for sale, net, and other    42    352 
Stock-based compensation    3,517    4,380 
Amortization of deferred financing costs and debt discount, net of amounts capitalized    4,877    4,381 
Non-cash operating lease cost    1,207    1,045 
Gains and amortization of premiums/discounts for marketable securities    (79)   (425)
Change in deferred income taxes    (12)    
Changes in operating assets and liabilities:          
Accounts receivable    10,732    (31,350)
Prepaid expenses and other assets    (2,344)   (376)
Accounts payable    (117)   95 
Accrued expenses and other liabilities    (4,590)   3,661 
Deferred revenue    5,539    19,521 
Operating lease liabilities    (1,520)   (1,447)
Net cash provided by operating activities    46,689    32,972 
Cash flows from investing activities          
Purchases of marketable securities    (15,032)   (55,629)
Proceeds from maturities of marketable securities    35,265    13,300 
Purchases of property and equipment    (51,681)   (73,852)
Net cash used in investing activities    (31,448)   (116,181)
Cash flows from financing activities          
Debt issuance costs        (1,815)
Proceeds from credit facility    100,000    3,500 
Principal payments on credit facility    (389)   (389)
Payments of acquisition related consideration        (1,952)
Proceeds from exercise of stock options    447    80 
Payments of finance leases and notes payable    (2,418)   (3,586)
Payments of withholding tax on net issuance of restricted stock units    (933)   (33,666)
Payments to non-controlling interest    (262)   (1,003)
Net cash provided by (used in) financing activities    96,445    (38,831)
Effect of exchange rates on cash    (140)   9 
Net increase (decrease) in cash and cash equivalents    111,546    (122,031)
Cash and cash equivalents at beginning of period    40,401    149,412 
Cash and cash equivalents at end of period   $151,947   $27,381 
Supplemental disclosure of non-cash investing and financing activities          
Property and equipment costs included in accounts payable, accrued expenses and other liabilities   $38,610   $34,777 
Capitalized stock-based compensation included in property and equipment costs   $316   $465 
Purchase price for business acquisition included in accrued expenses and other liabilities   $   $2,961 
Financed sale of intangible assets held for sale   $255   $299 

 

7

 

 

Boingo Wireless, Inc.

Reconciliation of Net (Loss) Income Attributable to Common Stockholders to Adjusted EBITDA

(Unaudited)

(In thousands)

 

                 
   Three Months Ended   Six Months Ended 
   June 30,   June 30, 
   2020   2019   2020   2019 
Net (loss) income attributable to common stockholders   $(5,840)  $216   $(10,473)  $(4,937)
Depreciation and amortization of property and equipment    19,529    16,874    38,175    35,883 
Stock-based compensation expense    1,980    2,036    3,517    4,380 
Amortization of intangible assets    1,105    1,131    2,216    2,262 
Income tax expense (benefit)    71    (81)   116    111 
Interest expense and amortization of debt discount    2,773    2,155    5,122    4,550 
Interest income and other expense, net    (121)   (493)   (375)   (1,212)
Non-controlling interests    (389)   13    (481)   (73)
Transaction costs    1,072        1,072     
Litigation loss contingencies    1,100        1,100     
Adjusted EBITDA   $21,280   $21,851   $39,989   $40,964 

 

8

 

 

Boingo Wireless, Inc.

Reconciliation of Net Cash Provided by Operating Activities to Free Cash Flows

(Unaudited)

(In thousands)

 

   Three Months Ended
June 30,
   Six Months Ended
June 30,
 
   2020   2019   2020   2019 
Net cash provided by operating activities   $27,656   $9,229   $46,689   $32,972 
Purchases of property and equipment    (29,089)   (41,462)   (51,681)   (73,852)
Free cash flows   $(1,433)  $(32,233)  $(4,992)  $(40,880)

 

9

 

 

Boingo Wireless, Inc.

Revenue Summary

(Unaudited)

(In thousands)

 

   Three Months Ended   Six Months Ended 
   June 30,   June 30, 
   2020   2019   2020   2019 
Revenue:                
Military/multifamily   $23,713   $24,396   $46,420   $50,293 
DAS    22,214    27,622    44,410    51,717 
Wholesale—Wi-Fi    9,706    10,718    19,449    21,738 
Retail    2,368    3,847    5,327    7,773 
Advertising and other   671    1,971    2,952    3,506 
Total revenue   $58,672   $68,554   $118,558   $135,027 

 

10

 

 

Boingo Wireless, Inc.

Key Business Metrics

(Unaudited)

(In thousands)

 

  

Three Months Ended
June 30,

  

Six Months Ended
June 30,

 
   2020   2019   2020   2019 
Key business metrics:                    
DAS nodes(1)    40.5    35.2    40.5    35.2 
DAS nodes in backlog(2)    11.1    12.3    11.1    12.3 
Subscribers—military(3)    135    142    135    142 
Subscribers—retail(3)    56    92    56    92 
Connects(4)    13,750    85,841    80,262    164,466 

 

 

(1)This metric represents the number of active DAS nodes as of the end of the period. A DAS node is a single communications endpoint, typically an antenna, which transmits or receives radio frequency signals wirelessly. This measure is an indicator of the reach of the Company’s DAS network.

 

(2)This metric represents the number of DAS nodes under contract but not yet active as of the end of the period.

 

(3)This metric represents the number of paying customers who are on a month-to-month subscription plan at a given period end.

 

(4)This metric shows how often individuals connect to the Company’s global Wi-Fi network in a given period. The connects include wholesale and retail customers in both customer pay locations and customer free locations where Boingo is a paid service provider or receives sponsorship or promotion fees. The Company counts each connect as a single connect regardless of how many times that individual accesses the network at a given venue during their 24-hour period. This measure is an indicator of paid activity throughout Boingo’s network.

 

CONTACTS:

PRESS:

Melody Walker

Senior Director, Marketing Communications

[email protected]

(424) 256-7036

 

INVESTORS:

Kimberly Orlando and Ariel Papermaster

ADDO Investor Relations

[email protected]

(310) 829-5400

 

11

 

(Back To Top)