Boingo Wireless beat expectations for the quarter, reporting revenue of $26.2 million, up from $24.3 million for the second quarter of 2012.
The company reported an overall net loss of $0.4 million, much less than the $1.5 million loss for the previous year’s second quarter.
“Our positive momentum continued through the second quarter, with all three major lines of business— retail, wholesale, and advertising — contributing to our overall performance,” said David Hagan, Boingo’s CEO. He said that the company’s retail and advertising business over-performed during the quarter to drive the revenues gains. “Stability in the wholesale sector, especially as it relates to revenue generated by DAS upgrade projects for the carriers, helped amplify the retail and advertising gains,” Hagan added.
Boingo recently launched a new product that allows advertisers to reward users with free Wi-Fi access in exchange for downloading their iOS or Android mobile apps.
“Strategic initiatives around DAS and advertising saw especially notable traction, as we continue to grow those lines of business,” Hagan said. “Specifically, we finalized three contracts to deploy neutral-host, multi-carrier DAS networks at theMemphis International Airport, the Pinnacle Bank Arena in Lincoln, Nebraska and across sections of the University of Arizona campus.”
Boingo expects revenues for the third quarter to be in the range of $26.5 million-$28.5 million.
— AT&T has been detailing its wireless and wireline network investments this year, with particularly large investments in Texas, Georgia and Illinois during the first six months of this year.
The company is in the midst of its three year network investment strategy called Project Velocity IP that involves new macro cell sites, small cell deployments and distributed antenna systems, as well as wireline investments.
Some of the bigger numbers in that investment this year include:
- $1 billion invested in Texas.
- $675 million spent on networks in Georgia.
- $625 million invested in Illinois.
- $425 million invested in Florida.
- $325 million invested in Indiana networks.
Those figures include both AT&T’s wired and wireless networks.
— Ruckus Wireless‘ Wi-Fi access points have been deployed at the Luzhou Medical College in the western Chinese city of Sichuan.
The college’s two main campuses have installed more than 1,600 indoor and outdoor APs that cover 170,000 square meters of classrooms and offices, plus another 100,000 square meters of dormitories, providing access for more than 15,000 faculty and students. The device breakdown includes about 1,000 indoor APs and more than 500 outdoor APs. Up to 8,000 concurrent users have been recorded during peak times, according to Ruckus.
The installation was made with the help of managed service provider China Telecom Corporation Ltd. and is the initial phase of a project that is expected to eventually encompass up to 3,000 APs.
