UNSi Closes Airband Acquisition
The acquisition creates a $62 million company under the UNSi brand with primary operations in Dallas, Phoenix and Pittsburgh.
May 15, 2013
By Khali Henderson
**Editor’s Note: Please click here for a recap of the biggest channel-impacting mergers in Q1 2013.**
United Network Services Inc. (UNSi) successfully completed its acquisition of Dallas-based Airband Communications on May 14, just one week after announcing its intentions to buy the fixed wireless network provider.
The acquisition creates a $62 million company under the UNSi brand with primary operations in Dallas, Phoenix and Pittsburgh, coupled with regional offices in several cities.
UNSi CEO Francis D. John will remain UNSi’s president and CEO. Airband CEO Michael Ruley will leave the company. Timothy Kinner, Airband’s CFO, will remain as executive vice president and CFO. The merged company will have 160 employees.
The Airband acquisition gives UNSi a more extensive national MPLS and Ethernet platform, adding 12 PoPs for a total of 29 across the United States. In addition, it adds fixed wireless services in 16 markets. Combined, the companies also offer a nationwide VoIP platform and broadband aggregation network.
This is the second acquisition for UNSi in less than a year; the company bought IPNetZone Communications of New York City in June 2012. UNSi CEO John said the company will continue to seek acquisitions as well as organic growth.
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