Boingo Wireless Has To Digest A Smart Acquisition

  • Boingo acquired Elauwit to shoot it into additional verticals beyond the military – a sensible move.
  • Carrier offloading is the main driver of company results, and the importance of this will only increase.
  • So we understand the investor optimism, but profitability and cash flow remain problems, and the shares need to digest substantial recent gains.

Source: Boingo Wireless Has To Digest A Smart Acquisition – Boingo Wireless (NASDAQ:WIFI) | Seeking Alpha