Airband Raises $20 Million, Announces Plans For Mergers And Acquisitions
Airband, a provider of fixed wireless voice and data services to businesses, this morning announced that it has secured $20 million in financing from Boston-based ABRY Partners, which also got a seat on Airband’s board of directors.
Airband, which offers Internet access, data services, VoIP, security and other solutions, says it plans to expand network coverage and capacity in existing markets but also explore mergers with or acquisitions of fixed-wireless providers operational in other regions and optimize its capital structure.
A year ago, Airband and Sparkplug announced their merger, creating one of the largest fixed-wireless companies in the United States with operations in 17 markets.
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AIRBAND COMMUNICATIONS HOLDINGS
AIRBAND COMMUNICATIONS HOLDINGS
http://www.airband.com/
2000
$28M
Airband Communications is the largest WiMAX fixed-wireless provider serving businesses in the United States. They deliver a comprehensive portfolio of high-bandwidth and managed solutions over one of the industry’s…
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ABRY PARTNERS
ABRY PARTNERS
1989
Founded in 1989, ABRY Partners is one of the most experienced and successful media, communications, business and information services focused private equity investment firms in North America. We invest…
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