PEG Bandwidth Secures $15M

PEG Bandwidth, a Dallas, TX-based provider of fiber-based, customized cell site backhaul solutions for wireless carriers, has closed a $15m equity financing from Associated Partners LP.
The financing will allow the company to continue aggressive expansion of its backhaul network deployment.
PEG Bandwidth, which also operates offices in St. Louis and Philadelphia, announced the appointment of telecom industry veteran Richard Ruben as the company’s Chief Executive Officer.
The transaction was consummated through the merger of the company into Wireless Infrastructure Partners, LLC, which will do business as PEG Bandwidth.

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