I believe the market misunderstands the growth potential of the Wi-Fi story. Using conservative assumptions, I value Boingo Wireless (NASDAQ:WIFI) 90% more than the current stock price plus investors get a fee call option on Wi-Fi offload.
"We saw significant contributions from our strategic growth opportunities and continue to believe that we've turned the corner and that the headwinds of 2012 and 2013 are behind us." David Hagan, CEO 1st 2014 Quarter Conference call
As more people use streaming media services like Netflix and Hulu, share their lives on sites like Facebook and Instragram and desire to constantly stay connected to email and text, the growth in data will continue to grow exponentially. Cellular network...
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