Operator customers to enjoy proven services and capabilities that are unmatched in the industry
Nokia Networks recently 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. Operator customers to enjoy proven services and capabilities that are unmatched in the industry
"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.
These services include
Nokia invests in technologies important in a world where billions of devices are connected. We are focused on three businesses: network infrastructure software, hardware and services, which we offer through Nokia Networks; location intelligence, which we provide through HERE; and advanced technology development and licensing, which we pursue through Nokia Technologies. Each of these businesses is a leader in its respective field.
Nokia Networks is the world's specialist in mobile broadband. From the first ever call on GSM, to the first call on LTE, we operate at the forefront of each generation of mobile technology. Our global experts invent the new capabilities our customers need in their networks. We provide the world's most efficient mobile networks, the intelligence to maximize the value of those networks, and the services to make it all work seamlessly. For more information, visit www.nsn.com // http://company.nokia.com.