SANTA MONICA, Calif. — Boingo Wireless, Inc., the world’s leading wholesale Wi-Fi network aggregator, today announced that it has agreed to acquire Concourse Communications Group LLC, the leading operator of neutral-host wireless access systems. J.P. Morgan Securities Inc. acted as advisor to Boingo for the transaction. Terms of the deal were not announced.
The acquisition means Boingo will operate Concourse’s neutral-host networks in 12 leading US airports, including three New York city airports: JFK, LaGuardia and Newark; two Chicago airports: O’Hare and Midway; and other top 100 airports including Toronto, Ottawa, Detroit, Minneapolis, Oklahoma City, Nashville and Atlanta. These 12 networks represent 54% of enplanements among North America’s top 100 airports, and 27% of all North American enplanements.
The acquisition expands Boingo’s business of building a worldwide Wi-Fi hot spot roaming network and gives the company a platform Read more