BAI Communications (BAI), a global shared communications infrastructure provider based outside Sydney, Australia, has agreed to acquire ZenFi Networks (ZenFi), a U.S. East coast-based provider of digital infrastructure solutions and an innovator in small cell deployment, offload and roaming services, fiber connectivity and network edge colocation.
This agreement represents a significant growth opportunity for BAI in North America, building upon its existing connected infrastructure capability and operations of BAI Group’s two U.S.-based companies, Mobilitie and Transit Wireless. The company suggests the deal further advances BAI’s vision to become a leading provider of connected 5G infrastructure across North America and globally.
Once the deal closes, the ZenFi team will join Transit Wireless and Mobilitie representing BAI’s U.S. operations. The transaction is subject to customary regulatory clearances and is expected to close in the fourth quarter of this year. Transaction terms were not disclosed. Continue Reading |
|
No comments:
Post a Comment