The more you know!
> It is disputed whether the name Wi-Fi is short-form for 'Wireless Fidelity',[34] although the Wi-Fi Alliance did use the advertising slogan "The Standard for Wireless Fidelity" for a short time after the brand name was created,[31][35] referenced "the Wi-Fi (Wireless Fidelity) logo" in a white paper[33] and the Wi-Fi Alliance was also called the "Wireless Fidelity Alliance Inc." in some publications.[36] IEEE, a separate but related organization, has stated "WiFi is a short name for Wireless Fidelity" on their website.[37][38] The name Wi-Fi was partly chosen because it sounds similar to Hi-Fi, which consumers take to mean high fidelity or high quality. Interbrand hoped consumers would find the name catchy, and that they would assume this wireless protocol has high fidelity because of its name.[39]
So it’s not really safe to say it’s not meant to mean wireless fidelity, in fact it sounds pretty likely.