Benzinga | Apr 12, 2021 12:39PM EDT

Boingo Wireless Joins Qualcomm's Smart Cities Accelerator Program

* Distributed antenna system (DAS) and Wi-Fi provider Boingo Wireless Inc (NASDAQ: WIFI) has joined Qualcomm Inc's (NASDAQ: QCOM) Smart Cities Accelerator Program to transform smart cities from concept to reality.

* Boingo will help power the wireless networks as a technology-agnostic connectivity expert to transform city infrastructure and services.

* Qualcomm's mobile and 5G expertise combined with Boingo Wireless's wide-ranging solutions will equip Qualcomm's ecosystem with improved connectivity and efficient operations for monetization with smart-connected deployments, according to Qualcomm Technologies director Ashok Tipirneni.

* The program was rolled out in 2019 and currently has over 300 members.

* Price action: WIFI shares traded lower by 0.79% at $13.9 on the last check Monday. QCOM shares traded lower by 1.29% at $138.76.