Boingo Expands Airport Wi-Fi with Opti-Fi Buy
Boingo Networks buys Opti-Fi Networks to expand its airport Wi-Fi footprint to 55 locations in North America. As consolidation continues in the commercial Wi-Fi market, the deal follows AT&T's $275 million acquisition of Wayport, which operates hotspots at McDonald's restaurants, select Wyndham, Marriott Vacation Club and Four Seasons hotels and HealthSouth and Sun Healthcare locations.Consolidation in the commercial Wi-Fi market continued Nov. 10 with Boingo Wireless acquiring Opti-Fi Networks of Annapolis, Md., which operates 25 airport Wi-Fi networks in the U.S. and Canada. AT&T expanded its Wi-Fi footprint to 20,000 hotspots Nov. 6 with the acquisition of privately held Wayport. Boingo, of Los Angeles, is the largest operator of airport Wi-Fi networks in North America and the Opti-Fi deal increases the number of airport networks operated by the company from 30 to 55, covering 43 percent of passenger traffic in the top 100 North American airports. Terms of the deal were not disclosed.
"With the acquisition of Opti-Fi, we are able to integrate their network seamlessly into ours, provide high-quality connection to those airports, and increase the Boingo Enterprise solution to more airports," Dave Hagan, CEO and president of Boingo Wireless, said in a statement.