Three bits of M&A news, plus a couple of international vendor wins:
T-Mobile is moving to consolidate a bit more of the Sprint world under its umbrella. Yesterday they did a deal for the Sprint-branded wireless operations and assets of Brookings Municipal Utilities, which services some 14K customers in a swath of southeastern South Dakaota and western Iowa around Sioux Falls. The deal is expected to close this quarter.
GeoLinks has officially closed on its previously announced acquisition of fixed network infrastructure and spectrum licenses from TPx. The fixed wireless provider will integrate those assets with its own. The deal expands GeoLink’s reach in the western US, especially in Las Vegas and in the SF Bay Area. It also adds TPx as GeoLinks’ largest wholesale customer under a multi-year contract. For its part, TPx will tighten its focus further on the managed services space.
3-GIS has itself a new owner. SSP Innovations has purchased the company, aiming to combine its reach in the utility space with 3-GIS’s expertise in the telecommunications sector. SSP had been looking at partnering with 3-GIS for some time when it became clear that a combination could work out even better. Both companies take Esri’s geographical information systems technology to the marketplace.
And Ericsson has picked up a couple of international deals. Ooredoo Group has picked a suite of the company’s products and solutions, from 5G radios to core networking and integration services in a 5 year strategic agreement. The deal covers Ooredoo’s operating companies in Qatar, Indonesia, Algeria, Iraq, Kuwait, Oman, Palestine, Tunisia, Myanmar and Maldives. Meanwhile, Thailand’s dtac will be using Ericsson’s RAN technology to support its 5G rollout. They are planning to deploy on the 700Mhz band, continuing a relationship with Ericsson that began in January 2020.
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Categories: Mergers and Acquisitions · Telecom Equipment · Wireless
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