Boingo plans to buy AWS
Wi-Fi provider Boingo Wireless today announced that the company will acquire Advanced Wireless Group, the second largest airport Wi-Fi provider in the United States.
The acquisition is subject to customary closing conditions and is expected to close in the fourth quarter of 2013.
Terms of the deal were not disclosed.
In a statement, Boingo said the expanded reach allowed by the acquistion will accelerate the process of bringing new products to market.
AWG operates public Wi-Fi in 17 U.S. airports, including top 20 facilities Los Angeles International (LAX), Charlotte/Douglas International (CLT), Miami International (MIA), Minneapolis-St. Paul International (MSP), Detroit Metropolitan Airport (DTW), and Boston’s Logan International (BOS).
The combined entity will operate the public Wi-Fi services in nearly 60 percent of North America’s top 50 airports and more than 40 percent of the world’s top 50 airports, representing more than 1.4 billion passengers per year across all airports.