Mobilitie, a Newport Beach, Calif.-based telecommunications infrastructure company, signed a $1 billion exclusive arrangement with a foreign investment fund.
The deal will accelerate the next five years of growth around 5G infrastructure and speed both U.S. and international 5G growth.
Led by Christos Karmis, President and CEO, Mobilitie is a global provider of complete wireless solutions. It funds, deploys and operates next-generation infrastructure that enables coverage and 5G services and speeds.
The company’s wireless infrastructure includes communication towers, indoor and outdoor neutral host DAS networks, small cells, IoT, and Wi-Fi networks. Mobilitie’s Advanced Technology Group engineers innovative wireless solutions that improve wireless service at the largest and most complex venues across all major industries-including sports and entertainment, real estate, hospitality, education, healthcare, government and transportation.
The company also has regional offices across the United States and internationally.