BOINGO WIRELESS,INC. (NASDAQ:WIFI) Files An 8-K Other EventsItem 8.01. Other Events.
On January9, 2018, Chicago Concourse Development Group, LLC, a subsidiary of Boingo Wireless,Inc. (collectively, the “Company”), entered into an agreement to amend (the “Agreement to Amend”) with the City of Chicago (the “City”), to which the Company and the City agreed to negotiate the terms of an amendment to the License Agreement for Wireless Communications Access System, dated November17, 2005 (the “Chicago Agreement”). The Agreement to Amend was effective December31, 2017. The terms of any such amendment may include technical and operational terms acceptable to both parties. If the Company and the City are unable to amend the Chicago Agreement by March31, 2018, then we expect that it could terminate in accordance with its terms.
About BOINGO WIRELESS,INC. (NASDAQ:WIFI)
Boingo Wireless, Inc. is a provider of commercial mobile wireless fidelity (Wi-Fi) Internet solutions and indoor direct-attached storage (DAS) services for carriers. The Company operates as a service provider of wireless connectivity solutions across its managed and operated network and aggregated network for mobile devices such as laptops, smartphones, tablets and other wireless-enabled consumer devices segment. The Company has established wireless networks that provide high-speed, high-bandwidth wireless connectivity to smartphones, tablets, laptops, wearables, the Internet of Things (IoT) and other wireless-enabled devices. Its wireless networks include DAS, femto-cell, and Wi-Fi networks that it manages and operates, which it refers to as managed and operated locations, as well as Wi-Fi networks managed and operated by third-parties with whom it contract for access (roaming networks). Its services include DAS or Femto-Cell, Wholesale-Wi-Fi, Retail, Military and Advertising.