SYDNEY and NEW YORK — Australia-based global communications infrastructure provider BAI Communications today announced it has agreed to acquire Mobilitie, the largest privately held telecommunications infrastructure company in the United States, according to BAI’s press release.
The acquisition represents a major expansion of BAI’s business in North America where it provides cellular and Wi-Fi connectivity across large infrastructure projects, including the subway systems in New York City and Toronto.
Mobilitie’s portfolio includes existing agreements to provide wireless communications to the public transit systems in Seattle and the San Francisco Bay Area. The acquisition will also add Mobilitie’s broader portfolio of 220 venues across 39 states, 10,000 small cells across 45 states, and 300 tower sites across 14 states to BAI’s operations, says the press release.
“The deal brings together a highly complementary offering between the two organisations, enabling BAI to immediately extend and diversify its solution and service offering beyond its current global markets. It marries Mobilitie’s assets and operations across 5G outdoor and indoor wireless infrastructure, worldwide credibility in small cell deployment, and its work with transit operators across major U.S. cities with BAI’s long-standing proven expertise in delivering communications infrastructure in dense urban and transit environments,” reads the press release.
Financial terms of the acquisition were not disclosed. The transaction is still subject to customary regulatory approvals and is expected to close in the third quarter of 2021, says the release.
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