August 18, 2026 01:49 pm (IST)
Follow us:
Nokia Networks to buy SAC Wireless
New Delhi, July 3 (IBNS) Nokia Networks on Thursday announced it has entered into an agreement to acquire SAC Wireless, a premier self-performing provider of infrastructure and network deployment solutions.
Based in Schaumburg, Illinois, SAC Wireless has a national footprint and proven performance track record working with major telecom operators.
Nokia Networks expects to close the transaction in the third quarter of 2014, subject to customary closing conditions, including regulatory approvals. The transaction is expected to bring clear revenue synergies.
“This acquisition builds on our existing strengths and continued investment in our customers’ success. Once the transaction has been completed, it will help us increase market share in the network implementation space,” said Ricky Corker, executive vice president of North America for Nokia Networks.
Corker said, “With SAC Wireless’ capabilities complementing our own in-house expertise, we are well positioned to bring enhanced quality and increased end-to-end delivery efficiency to our customers. No other infrastructure provider is offering this level of proven services.”
SAC Wireless’ resources, including approximately 450 employees, and proven expertise complement Nokia Networks’ in-house capabilities to self-perform typically sub-contracted services.
“As we continue to build an even stronger foundation for our U.S. services business, we see great opportunities to help our customers address the tough challenges of network deployment. These range from indoor/outdoor small cells, distributed antenna systems, 4G LTE upgrades, and solving backhaul connectivity and bandwidth issues,” said JorgErlemeier, vice president of North America Market Services for Nokia Networks.
“SAC Wireless is to augment our existing network implementation service capabilities and increase the size and effectiveness of our delivery organization,” said JorgErlemeier
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
The Blueprint Every First-time SIP Investor Should Follow
Tue, Aug 18 2026
Why banking stocks see wilder swings than the rest of the market?
Tue, Aug 18 2026
BPCL flags off first extreme weather grade diesel rake from Bina Refinery to power Indian Army’s high-altitude operations
Mon, Aug 17 2026
Chief Economic Adviser backs E10 option for older vehicles as E20 fuel transition sparks debate
Mon, Aug 17 2026
L&T secures ultra-mega order for strategic offshore development project in Middle East
Mon, Aug 17 2026
Mahindra launches BLAZO i-TRK: All details inside
Sun, Aug 16 2026
Reliance Industries, Rolls-Royce join hands to explore indigenous engine for India’s AMCA fighter
Sat, Aug 15 2026