Country for PR: China
Contributor: PR Newswire Asia (China)
Tuesday, October 05 2021 - 02:00
AsiaNet
BAI Communications Closes Acquisition of Mobilitie, Cementing its Extended Reach and Services Across North America
NEW YORK and NEWPORT BEACH, Calif., Oct. 4, 2021 /PRNewswire-AsiaNet/ --

BAI Communications ( https://www.baicommunications.com/ ), a global 
communications infrastructure provider, today announced the close of its 
acquisition of Mobilitie ( http://www.mobilitie.com/ ), one of the largest 
privately-held telecommunications infrastructure companies in the United 
States. News of the agreement between the two companies was first announced ( 
https://www.baicommunications.com/mediarelease/bai-communications-accelerates-its-growth-trajectory-by-agreeing-to-acquire-us-telecommunications-infrastructure-leader-mobilitie/ 
) on 28 June this year. 

With the close of the acquisition Mobilitie becomes a BAI Group company, 
alongside BAI's majority-owned Transit Wireless in the United States, 
significantly extending its footprint and services in the region. As part of 
the acquisition, BAI acquires Mobilitie's portfolio of assets, including 
existing telecommunication infrastructure contracts with transit operators in 
San Francisco and Seattle, as well as 220 large public venues' DAS networks, 
10,000 small cells and 300 tower sites across the United States. This 
portfolio, and the team of experts that manage and operate it, further builds 
on BAI and Transit Wireless' focus to expand its neutral host 5G connectivity 
solutions across major city transport networks, public infrastructure and large 
venues.

Mobilitie now operates within the BAI global organisation, bringing together 
two complementary customer offerings. The acquisition enables BAI to strengthen 
and expand its current services, as it couples Mobilitie's expertise in 
above-ground connected venue infrastructure solutions with BAI's ability to 
deliver 5G communications infrastructure in complex transit environments. 
Mobilitie will continue to operate as a separate entity within BAI, and its 
existing operations and customer partnerships will remain unaffected.

As part of BAI, Mobilitie will further advance its neutral host networks to 
help US mobile network operators and venue owners expand 5G coverage to ensure 
it meets growing demand. With its extended global reach, the company is well 
positioned to drive additional growth across transit, sports, entertainment, 
hospitality, real estate and higher education industries. Additionally, it 
allows Mobilitie to quicken its ongoing deployment of outdoor infrastructure, 
bringing connectivity to underserved communities and creating the foundation 
for smart cities of tomorrow.

The acquisition accelerates BAI's growth strategy, as it becomes a leading 
connected infrastructure 5G player in North America and globally. This 
one-of-a-kind partnership strengthens BAI in the region as it pairs Mobilitie's 
offerings with Transit Wireless' to bring innovative connectivity solutions 
across the US. BAI has identified North America as a region targeted for 
expansion as it accelerates its growth across transit, smart cities, venues, 
fibre networks, private networks, and public safety services.

Igor Leprince, Group CEO of BAI Communications, said: "The expertise and 
current partnerships that Mobilitie holds are incredibly valuable. Bringing 
Mobilitie into the wider BAI Communications group solidifies us as a leading 
connected infrastructure provider in North America.

"The natural fit between Mobilitie's expertise and that of BAI enables us to 
extend the services we offer clients across both entities. This will be 
increasingly beneficial as we see the prioritisation of connected 
infrastructure continue to gather momentum in the US and around the world," he 
added.

"This acquisition makes a significant contribution to our strategy for 
portfolio balance across neutral host, transit communications and broadcast 
with an increasing focus on North America, the UK and Europe, in addition to 
deepening our extensive Australian operation." 

Christos Karmis, President of Mobilitie, said: "Closing this acquisition is an 
exciting development for Mobilitie, our customers and telco partners as it will 
expand and accelerate our deployment of wireless infrastructure solutions in 
the marketplace and position us to better support our customers globally.

"BAI's proven track record of prioritising customer needs and delivering 
state-of-the-art technical solutions aligns perfectly with our own values, 
ensuring we remain focused on exceeding our customer expectations. Furthermore, 
our complementary offerings make for an exciting proposition for both Mobilitie 
and BAI customers, as close collaboration between the teams enables us to offer 
the most innovative and robust wireless solutions available in the marketplace 
today and in the future."

About BAI Communications

BAI Communications ( https://www.baicommunications.com/ ) designs, builds, and 
operates cellular, Wi-Fi, broadcast, radio, and IP networks around the world. 
We are engineering experts and technology innovators with proven experience in 
delivering the next wave of connectivity solutions through long-term 
partnerships with broadcasters, transit operators, governments, and MNOs. As a 
leading communications infrastructure provider, BAI's neutral host solutions 
connect people, enrich communities and advance economies. Our global operations 
span Australia, Canada, United Kingdom, Hong Kong, and in the United States 
through our BAI Group company, Mobilitie ( https://www.mobilitie.com/ ), and 
majority-owned Transit Wireless ( https://transitwireless.com/ ).

Source: BAI Communications

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