View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Data Centre
November 30, 2009

Omnicity to acquire AAA Wireless assets

Includes 39 tower network with footprint for 80,000 homes

By CBR Staff Writer

Omnicity, a fixed wireless internet service provider, has agreed to purchase the assets of AAA Wireless. The assets to be purchased include, a large network estimated to have a footprint in excess of 80,000 homes with 39 towers.

Omnicity said that this acquisition will increase its reach to its target rural residential market by over 30%. The AAA network was established to service schools, businesses and residences located in the northern half of Indiana. In 2008, the AAA Wireless network serviced over 190 schools generating in excess of $5m in revenue.

Omnicity has more than doubled its subscriber base and revenue over the past six months after becoming a public company in February 2009 and the company said that it is on track with acquisitions including AAA Wireless, to more than double its size again within the next six months.

Greg Jarman, CEO of Omnicity, said: We are very pleased to have reached formal agreement to purchase these assets. The large number of homes, the high quality of the network, and the opportunity to re-establish valuable internet service to the schools, as well as introduce our services to residents and businesses in the area, make this a great event for North Central Indiana residents, business owners, school children, and for Omnicity and our shareholders.

Content from our partners
How designers are leveraging tech to apply the brakes to fast fashion
Why the tech sector must embrace faster, smarter talent recruitment
Sherif Tawfik: The Middle East and Africa are ready to lead on the climate

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU