Nokia Networks is to acquire SAC Wireless. 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. “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.”
Complexities surrounding site acquisition, permitting, sub-contractor availability and quality often hinder network rollout and time to market. As a result, operators want more direct control over their network deployments. Through this acquisition, Nokia Networks addresses these challenges head-on. 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 Jorg Erlemeier, 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.”
SAC Wireless’ services offer operators such business benefits as speed to market, quality implementation, and reduction of risks associated with complex deployment issues.
