Boingo Announces Appointment of New CEO

Mike Finley Named Chief Executive Officer Company Reaffirms Full-Year
2018 Financial Guidance

LOS ANGELES–(BUSINESS WIRE)–Boingo Wireless (NASDAQ: WIFI), the leading distributed antenna system
(DAS), small cells and Wi-Fi provider that serves consumers, carriers
and advertisers worldwide, today announced that its board of directors
has unanimously elected Mike Finley as chief executive officer. Finley
will continue as a member of the board, where he has served since August
2013. Finley succeeds Boingo’s current CEO and chairman of the board
Dave Hagan, who has announced his desire to retire after 17 years of
service to the company. Hagan will continue to serve as a member of the
board, while Lance Rosenzweig, Boingo’s lead independent director, will
become chairman of the board. All changes will take effect March 18,
2019.

Prior to his appointment as Boingo’s CEO, Finley spent nearly nine years
at Qualcomm, most recently as president of North America and Australia.
His responsibilities included all carrier and new business development;
OEM sales for mobile, computing, auto, connectivity, IOT, voice and
music; product marketing; marketing and public relations; engineering
services; and operations.

“After working with Mike for five years, the board and I are delighted
that he will lead Boingo as we build wireless infrastructure in the 5G
era,” said Dave Hagan, CEO and chairman of the board. “Mike’s deep
industry knowledge and his carrier experience have been instrumental in
helping Boingo navigate the wireless landscape over the last five years.
His wireless background coupled with the institutional knowledge he’s
gleaned as a member of the board make Mike uniquely qualified to lead
Boingo successfully into the 5G future.”

“I’m incredibly excited to be joining Boingo at this moment in the
wireless industry,” said Finley. “With its portfolio of high-volume
indoor venues, Boingo is exceptionally well positioned to take advantage
of the need for greater densification and indoor coverage that 5G
requires. I look forward to helping the Boingo team accelerate growth
even further as 5G comes to market, and I thank Dave for his
extraordinary leadership for the past 17 years.”

“Dave has made incredible contributions to Boingo’s success,” said Lance
Rosenzweig, on behalf of Boingo’s board. “From taking the company public
in 2011, to building an award-winning culture, Dave helped grow Boingo
from a start-up to the world’s leading Wi-Fi and indoor DAS provider.
With Dave’s continued contributions as a board member and Mike’s
leadership as CEO, the board of directors believes Boingo is poised for
lasting growth in the wireless infrastructure industry.”

Reaffirming Financial Guidance

Boingo remains confident in its vision and strategy and is reaffirming
its full-year financial guidance publicly provided on November 1, 2018.

About Boingo Wireless

Boingo Wireless, Inc. (NASDAQ: WIFI) helps the world stay connected. Our
vast footprint of DAS, Wi-Fi and small cells reaches more than a billion
people annually, making Boingo one of the largest providers of indoor
wireless networks. You’ll find Boingo connecting people at airports,
stadiums, military bases, convention centers, multifamily communities
and commercial properties. To learn more about the Boingo story, visit www.boingo.com.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains “forward-looking statements” that involves
risks, uncertainties and assumptions. Forward-looking statements can be
identified by words such as “anticipates,” “intends,” “plans,” “seeks,”
“believes,” “estimates,” “expects” and similar references to future
periods. These forward-looking statements include the quotations from
management in this press release, as well as any statements regarding
Boingo’s strategic plans, future guidance and future growth
opportunities. Forward-looking statements are based on the Company’s
current expectations and assumptions regarding its business, the economy
and other future conditions. Since forward-looking statements relate to
the future, they are subject to inherent uncertainties, risks and
changes in circumstances that are difficult to predict. The Company’s
actual results may differ materially from those contemplated by the
forward-looking statements. Important factors that could cause actual
results to differ materially from those in the forward-looking
statements include the Company’s ability to maintain its existing
relationships and establish new relationships with venue partners, its
ability to complete build-outs and sign venue contracts, its ability to
maintain revenue growth and achieve profitability, its ability to
execute on its strategic and business plans, its ability to successfully
compete with new technologies and adapt to changes in the wireless
industry, the application of new accounting standards, as well as other
risks and uncertainties described more fully in documents filed with or
furnished to the Securities and Exchange Commission (SEC), including
Boingo’s Form 10-K for the year ended December 31, 2017 filed with the
SEC on March 12, 2018 and Form 10-Q for the quarter ended September 30,
2018 filed with the SEC on November 5, 2018. Any forward-looking
statement made by Boingo in this press release speaks only as of the
date on which it is made. Factors or events that could cause the
Company’s actual results to differ may emerge from time to time, and it
is not possible for Boingo to predict all of them. Boingo undertakes no
obligation to publicly update any forward-looking statement, whether as
a result of new information, future developments or otherwise, except as
may be required by law.

Boingo, Boingo Wireless, the Boingo Wireless Logo and Don’t Just Go.
Boingo. are registered trademarks of Boingo Wireless, Inc.

Contacts

Melissa Robinson
VP, Marketing + Communications
[email protected]
(818)
321-7234

Kimberly Orlando and Ariel Papermaster
Addo Investor Relations
[email protected]
(310)
829-5400

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