United Network Services Inc. (UNSi), a provider of data network and carrier services, has agreed to a merger with Dallas-based Airband Communications, which provides fixed wireless voice and data for businesses, with a large southwest and southeast MPLS backbone.
Expanding upon UNSi’s existing network, the company will have a comprehensive national MPLS and Ethernet platform – adding 12 core PoPs to the fold, for a total of 29 core PoPs across the United States. And, UNSi will have fixed wireless services in 16 markets, a national VoIP platform and a comprehensive broadband aggregation network. UNSi will also gain operational, engineering and sales expertise to better support customers and partners.
New product offerings will evolve from the acquisition as well, including MPLS over fixed wireless, SIP trunking and hosted PBX, to broaden UNSi’s existing services (MPLS, Ethernet, DIA, broadband, managed firewall, managed router and hosted monitoring solutions.
The all-stock deal is expected to close within 30 days. Financial details were not disclosed.
The combined company will operate as UNSi, with primary operations located in Dallas, Phoenix and Pittsburgh, coupled with regional offices located in several strategic cities.
The merged company is expected to generate revenues in excess of $60 million annually, with more than 160 employees. Francis John will remain president and CEO of the company. Timothy Kinnear will be appointed to executive vice president and CFO, and Theodore Baum will continue as chairman of the Board.
“This is an exciting and powerful combination,” said John. “ The new UNSi will be a major strategic player in building voice and data networks for companies and entities that have multiple locations throughout the United States and Internationally.”
He added, “UNSi will have the ability to affect significant organic growth as well as continue to seek strategic acquisitions that will enhance our product and application offerings.”
“We are excited to join forces with UNSi,” said Michael Ruley, existing CEO of Airband. “As a combined entity, we will have the financial backing, network and human resources required to grow, organically and strategically, and to further enhance our competitive position.”