**Mobile data usage is on track to increase more than 20 times between now and 2015, yet so-called wireless “4G” networks are progressing too slowly to meet demand. **Boingo is filling the gap with a global high-speed Wi-Fi network — and is growing fast as a result. **Wall Street doesn’t yet believe in the opportunity, as reflected in an unjustified 20% sell-off since the company’s May IPO.
Recs
**Mobile data usage is on track to increase more than 20 times between now and 2015, yet so-called wireless “4G” networks are progressing too slowly to meet demand.
**Boingo is filling the gap with a global high-speed Wi-Fi network — and is growing fast as a result.
**Wall Street doesn’t yet believe in the opportunity, as reflected in an unjustified 20% sell-off since the company’s May IPO.