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ExteNet Systems Announces Leadership Transition
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ExteNet Systems Announces Leadership Transition
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Manulife buys 30% of ExteNet Systems
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ExteNet Systems Announces Successful Closing of Manulife Investment
Manulife Investment Management-led Consortium Joins Digital Colony and Stonepeak Infrastructure Partners as Major Investors
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CHICAGO, May 10, 2021 /PRNewswire/ ExteNet Systems, the leading private owner and operator of converged communications infrastructure delivering advanced mobility and fiber connectivity, has closed its previously announced strategic investment by Manulife Investment Management. Manulife Investment Management s commitment was sourced for the John Hancock Life Insurance Company (U.S.A.) balance sheet as well as third party managed accounts. Manulife Investment Management joins existing major investors, Digital Colony and Stonepeak Infrastructure Partners, with this transaction. The investment provides the Manulife-led consortium approximately 30% ownership of ExteNet. ExteNet plans to leverage the capital infusion in ongoing 5G network