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Australia’s BAI Communications goes big in the US with Mobilitie buy
Australia’s BAI Communications goes big in the US with Mobilitie buy
The acquisition represents a major expansion of BAI Communications’ business in North America.
Igor Leprince (BAI Communications) Credit: BAI Communications
Australian communications infrastructure provider BAI Communications has struck a deal to acquire Mobilitie, which claims to be the largest privately held telecommunications infrastructure company in the United States.
Based in California, Mobilitie provides telecommunication services and wireless infrastructure, including communication towers, small cells, internet of things (IoT), fibre and Wi-Fi networks, across major industries such as sports and entertainment, real estate, hospitality, education, healthcare, government and transportation.
BAI expects the deal to close in the third quarter of 2021. (Getty Images)
BAI Communications is beefing up growth in North America, announcing plans to acquire U.S. neutral host provider Mobilitie.
Mobilitie is the largest privately held neutral host infrastructure provider in the U.S., with a portfolio that includes networks at 220 venues, 10,000 small cells and 300 tower sites. It helps provide connectivity through indoor and outdoor neutral host distributed antenna systems (DAS), small cells, and Wi-Fi networks.
Transit is of particular interest as BAI looks to capitalize on smart city infrastructure opportunities from 5G services. Headquartered in Australia, BAI is the infrastructure host for cellular and Wi-Fi in major subway systems around the world, including Toronto and Hong Kong, as well as New York City where it holds a majority stake in Transit Wireless.
iTWire Tuesday, 29 June 2021 10:35 BAI Communications strengthens US presence with Mobilitie acquisition
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BAI Communications (BAI) acquires telecommunications infrastructure US company Mobilitie. The acquisition puts BAI in a position to support telecommunications operators and municipalities in the US. It also furthers BAI’s capabilities of providing neutral host infrastructure in the major subways of different countries.
According to BAI, the acquisition represents a major expansion of their business in North America. The company provides cellular and Wi-Fi connectivity across large infrastructure projects, including the New York City subway system, under its majority owned business Transit Wireless.
It significantly extends BAI’s footprint coast-to-coast. The transaction is subject to customary regulatory clearances and is expected to close in the third quarter of this year.
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