Now as some of you may remember, about a year ago, we introduced lightRadio to the world and we focused as part of that announcement very much on the cellular 2G, 3G infrastructure and on the licensed spectrum. The exciting news we have today is around something we call lightRadio Wi-Fi. The lightRadio WiFi is obviously focused more on Wi-Fi technology and on unlicensed spectrum. And as part of our announcement, we will be talking about a new Wi-Fi gateway, Wi-Fi metro cell capability, as well as a policy and control solution, all part of the lightRadio end-to-end solutions and the lightRadio ecosystem and partners that we will be introducing today.So we move to the next slide. In essence, what we are announcing is the end of the traditional Wi-Fi login that many of us have become so familiar with over the last so many years. And in essence, what we're doing, going to Slide 3, is we are really leveraging our leadership in IP and our leadership in wireless to make Wi-Fi easier for everyone and to have a seamless capability between traditional cellular licensed spectrum and Wi-Fi solutions from an end-user perspective. Now what does that mean? In essence, that means that from an end-user, you don't have to worry anymore what type of network or what type of system that you're in. It's all taken care of by the network. Now we'll show you in a moment how it becomes easier for end users. What it means for operators, that if you're a mobile operator and you own spectrum, you can actually complement the spectrum that you have and add more capacity to your network via this integrated Wi-Fi capability. Or if you're a wireline operator and you don't have traditional spectrum available, you can, again, use Wi-Fi capability to introduce new services and new revenue opportunities for your business.
And we're taking advantage of our capability in cellular, in Wi-Fi as well as in end-user and device management.Now moving to the next slide. I mean, let's talk a little bit about what's going on in the Wi-Fi world. And I think as we all know, Wi-Fi is a big deal. I mean -- and it's actually becoming an even bigger deal, I mean, just as this picture of the Big Apple shows, because what's happening in the Wi-Fi market, which started traditionally as more of a home or home device or maybe small enterprise market, is that Wi-Fi is growing up. And Wi-Fi is really already getting embraced by some of the biggest operators in the world. Actually, today, already 40% of the hotspots are actually owned by mobile network operators. And that number is growing and actually will grow more over the next couple of years. I mean, a couple of years ago, it took AT&T a whole year to reach 20 million Wi-Fi logins. And last year, it just took them 11 days, I mean, for a total of 400 million-plus Wi-Fi logins on the AT&T network alone last year. So we see tremendous uptake in the Americas market. But it's not just the Americas. I mean, if you look at the rest of the world, I mean you see, for example, big operators like KDDI in Japan that already has 10,000 hotspots mid last year and will have, by the spring of this year, will have 100,000 hotspots. China Telecom has said that by the end of this year, they will have 1 million hotspots. And China Mobile will add another 1 million by the end of next year. So we see the number of hotspots growing into the millions over the next couple of years, and we also see that -- actually experiments have shown that most users, actually about 70% of the time, are in some type of Wi-Fi hotspot coverage. And so we see Wi-Fi being a big deal, becoming even a bigger deal going forward. So that's certainly exciting. Read the rest of this transcript for free on seekingalpha.com