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Nokia Networks to buy SAC Wireless

| | Jul 04, 2014, at 02:20 am
#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
 
 

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