Mobilitie, a US-based telecommunications infrastructure company announced a $1B exclusive arrangement with a foreign investment fund to fuel the next five years of growth around 5G infrastructure.
The partnership represents a tremendous opportunity for the company to speed both U.S. and international 5G growth and expansion and bring unprecedented connectivity to consumers.
As a global provider of complete wireless solutions, Mobilitie helps people stay connected on their mobile devices wherever they are. It funds, deploys and operates next-generation infrastructure that enables robust coverage and 5G services and speeds.
Mobilitie wireless infrastructure includes communication towers, indoor and outdoor neutral host DAS networks, small cells, IoT, and Wi-Fi networks. Mobilitie's Advanced Technology Group engineers innovative wireless solutions that improve wireless service at the largest and most complex venues across all major industries-including sports and entertainment, real estate, hospitality, education, healthcare, government and transportation.
Christos Karmis, President and CEO, Mobilitie
The billion-dollar opportunity will fuel infrastructure development needed for convergence of networks, such as Wi-Fi, 5G, CBRS, IoT, mmWave, and small cells.