Verizon Communications Inc. VZ on Thursday announced it's working with Boingo Wireless Inc WIFI to bring 5G ultra wideband service indoors and to public spaces such as airports, stadiums, office buildings and hotels in the Greater Phoenix area.
The two will work together to “architect a hyper-dense network” designed for large and small indoor spaces as part of Verizon's ongoing 5G network expansions.
Boingo Wireless traded up more than 14% to $12.77 per share at time of publication. The stock has a 52-week high of $35.98 and a 52-week low of $10.83 per share.
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