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Mobilitie Signs $1B Arrangement with Foreign Investment Fund

Mobilitie Signs $1B Arrangement with Foreign Investment Fund Image Credit: Mobileum

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.

Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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