BAI Communications (BAI), a global communications infrastructure provider, has agreed to acquire Mobilitie, the largest privately held telecommunications infrastructure company in the United States.
This 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 New York City subway system, under its majority owned business Transit Wireless. It significantly extends BAI’s footprint coast-to-coast across one of the world’s fastest growing connected infrastructure markets. The transaction is subject to customary regulatory clearances and is expected to close in the third quarter of this year.
The acquisition of Mobilitie is a significant step in BAI Communications’ growth strategy, supporting its move towards becoming one of the leading connected infrastructure 5G players in North America, as well as globally.
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 US cities with BAI’s long-standing proven expertise in delivering communications infrastructure in dense urban and transit environments.
Combining the expertise, scale, and infrastructure portfolios of both businesses positions BAI to support telecommunications operators and municipalities in the US and its other markets internationally to realise the smart city opportunities that 5G services are offering worldwide.
Area and Seattle, along with 10,000 small cells and thousands of New York small cells that are in and around BAI’s existing assets, makes us better positioned for 5G growth than anyone else in North America.
Igor Leprince, Group CEO of BAI Communications
BAI’s acquisition of Mobilitie establishes us as a leading telecommunications infrastructure provider in the United States and the most relevant provider of public transit wireless connectivity solutions in North America. This reflects our ambitions for the US as well as the other markets in which we operate globally and puts us in the perfect position to capitalise on the growing prioritisation of connected infrastructure in regions such as the UK and Europe.
Gary Jabara, Founder and Chairman of Mobilitie
BAI’s significance as a 5G player, together with Mobilitie, will enable unprecedented support of US wireless carriers. It puts us on a clear, long-term path to greatly accelerate business and help our customers, especially the mobile network operators.