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iBus offers IBS and last-mile connectivity solutions and acts as a neutral connectivity infrastructure provider for mobile operators
iBus backed by Morgan Stanley acquires Ubico Networks
ANI |
Updated: Apr 20, 2021 12:05 IST
Bengaluru (Karnataka) [India], Apr 20 (ANI): iBus Networks and Infrastructure Ltd said on Tuesday it has acquired Ubico Networks from the Shyam Group in an all-cash deal.
As per the agreement signed, iBus Group has acquired 100 per cent stake in Ubico Networks, its in-building and in-campus neutral-host infrastructure business and all related assets for around Rs 100 crore.
iBus is on a mission to empower telecom companies and its consumers in utilising the power of data as India gets ready to board the 5G bus. Our data consumption pattern is one of the highest in the world, said Ram Sellaratnam, CEO and Managing Director of iBus. ....

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