Boingo Wireless Secures Wi-Fi Rights to Cafaro's Busiest Shopping Centers
Boingo to Manage and Operate Wi-Fi Service in Three Malls with 25 Million Annual Guests
LOS ANGELES – February 9th, 2012 – Boingo Wireless, Inc. (NASDAQ: WIFI), the Wi-Fi industry’s leading provider of software and services worldwide, today announced an agreement with Cafaro to manage and operate retail Wi-Fi networks in the developer’s three busiest shopping centers. With this agreement, Boingo now manages Wi-Fi networks in 33 malls across the country.
Cafaro’s shopping center guests will be able to access Boingo Wi-Fi on any Wi-Fi-enabled device – including their smartphones, tablets and laptops – while shopping, eating or relaxing. Boingo’s roaming partners, such as Skype and Verizon, will also be able to access the networks easily.
“Everyone in the mall today seems to have a device in-hand, whether they’re actively shopping, doing business with tenants or just watching the world walk by,” said Anthony Cafaro, Jr., Co-President of the Cafaro Company. “Boingo’s valuable experience in managing Wi-Fi in large venues will help us deliver more value to the shopping experience at our properties.”
“Consumers increasingly expect that Wi-Fi will be available when they pull out their smartphone in public places like shopping malls and restaurants,” said Joe DeStasio, business development manager for Boingo Wireless. “With capped data plans on their cellphones, they continue to look for ways to maintain their digital lifestyle without incurring exorbitant data overage fees.”
Boingo will install Wi-Fi networks in the Spotsylvania Towne Centre (Fredericksburg, Va.), the Eastwood Mall (Niles, Ohio) and the South Hill Mall (Puyallup, Wash.).
With the addition of these three shopping centers with 25 million annual guests, Boingo now manages or operates the Wi-Fi offering at 33 malls operated by Cafaro, Caruso, Glimcher, Urban Retail and Westfield LLC, with combined annual foot traffic of 290 million people. Boingo also has secured future rights to an additional 10 centers with another 65 million annual visitors.
About Boingo Wireless
Boingo Wireless, Inc. (NASDAQ: WIFI), the world’s leading Wi-Fi software and services provider, makes it easy, convenient and cost-effective for people to enjoy Wi-Fi access on their laptop or mobile device at more than 400,000 hotspots worldwide. With a single account, Boingo users can access the mobile Internet via Boingo Network locations that include the top airports around the world, major hotel chains, cafés and coffee shops, restaurants, convention centers and metropolitan hot zones. Boingo and its Concourse Communications Group subsidiary operate wired and wireless networks at large-scale venues worldwide such as airports, major sporting arenas, malls, and convention centers, as well as quick serve restaurants. For more information about Boingo, please visit http://www.boingo.com.
Cafaro affiliated companies are based in Youngstown, Ohio. One of the nation’s largest privately held shopping center developers, the Cafaro organization owns and oversees more than 30 million square feet of commercial real estate in 11 states. Founded by the late William M. Cafaro in the 1940's, the firm is now in its seventh decade and third generation as a family owned and managed business. For more information visit www.cafarocompany.com
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