Microsoft Visual Studio 2015 RC has a Visual Studio Emulator for Android that supports Wi-Fi Simulation . The emulator can be used in either cross platform C++ or Xamarin projects in Visual Studio or from the Visual Studio tools for Apache Cordova.
One of the features of the Android Emulator in Visual Studio is that the developers can easily switch between say Windows Phone and Android emulators without worrying about the Hyper-V conflict issues.