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ICOA On Other Exchanges
As of 8:10 PM 09/28/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

111 Airport Road

Warwick, RI 02889

United States

Phone: 401-648-0690

Fax: 401-648-0699

ICOA, Inc. engages in the sale, installation, support and provision of Internet access services, primarily through Wi-Fi ‘hot spots’ (public wireless local area networks). As of December 31, 2004, ICOA owns or operates approximately 900 broadband access installations in high-traffic locations servicing patrons in 44 states of the USA. In December 2005, the company owned or operated approximately 1,500 broadband access installations. The company engages in the design, sale and installation of Wi-Fi systems to airports, hotels, convention centers, quick-service restaurants, marinas and other high-traffic locations, usually coupled with operating and maintenance contracts; provides service management capabilities to Wi-Fi service providers who need back office, network management, customer care and related services to support their on-going operations; and end users of Wi-Fi hot spots and Internet access terminals on ‘pay-for-use’ transactions, usually provided in public locations under long term contracts with airports, marinas, hotels and other high traffic locations. ICOA Airport Networks Under long-term contracts, the company's Airport Network Solutions subsidiary has installed and operates Wi-Fi networks in 25 airports within the United States. 16 networks provide full facility coverage, and in 9 additional airports it offers select coverage under the WiSE brand. ICOA Managed Services The company's managed services business unit encompasses the acquisitions of QG0 and AuthDirect and is focused on the sale, design, deployment and management of amenity networks, as well as deployments and management of hospitality, municipal and wholesale back office market segments. This includes the offering of Tollbooth, the company's back office solution, to unaffiliated wireless service providers globally. The company's back office solution suite also includes network operating center and customer care center services to the marketplace, as well as for its wholly-owned, segment-focused units such as ICOA Airport Networks, LinkSpot and iDockUSA. LinkSpot / RV Resort and Campground Segments Acquired in 2005, the company's LinkSpot subsidiary provides Wi-Fi service to recreational vehicle (RV) parks and campgrounds nationwide. LinkSpot serves 75 RV resort and campground properties which include 20,000 sites. Services include both subscription-based and amenity offerings. iDock/Marina Segment The company's iDockUSA division provides broadband wireless Internet and related services in approximately 45 marinas which includes around 20,000 slips. WiSE Technologies The company's WiSE Technologies subsidiary provides Wi-Fi services to 9 airports, and various hospitality, higher education, Multi Dwelling Unit's (MDU's), highway plazas and cafes. The WiSE footprint is in the process of being reassigned to segment-focused business units within the Company, such as ICOA Airport Networks and ICOA Managed Services. Acquired in 2005, provides Wi-Fi services in various quick service cafe locations predominantly on the West Coast. The assets are being incorporated into ICOA's segment-focused business units, including ICOA Managed Services. Municipal The company also operates Wi-Fi municipal hot zones in Lexington, KY, and the harbor district of Newport, RI. History ICQA, Inc. was founded in 1983. It was formerly known as Quintonix, Inc. and changed its name to ICOA, Inc. in 1989.


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Price/Sales 9.0x
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