Operator customers to enjoy proven services and capabilities that are unmatched in the industry
Espoo, Finland and Irving, Texas - Nokia Networks today 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.
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:
The SAC Wireless Engine Room(TM), a revolutionary process focused on managing site development, architectural and engineering, regulatory and compliance activities for national network programs, providing increased quality, scalability and productivity while significantly reducing site development costs;
Self-perform implementation of indoor and outdoor small cells and distributed antenna systems (DAS), RF engineering and design, construction management and services, Head-End Room development, BTS installation, commissioning, and system testing / optimization;
Turnkey program management of large scale network deployments including: new site builds, network modernization, site hardening and survivability, fiber to the premise, microwave implementation and pathing, operations, and maintenance.
To share your thoughts on the topic, join the discussion with @NSNtweets on Twitter using #Nokia and #mobilebroadband.
FORWARD-LOOKING STATEMENTS
It should be noted that Nokia and its business are exposed to various risks and uncertainties and certain statements herein that are not historical facts are forward-looking statements, including, without limitation, those regarding: A) expectations, plans or benefits related to Nokias new strategy; B) expectations, plans or benefits related to future performance of Nokias continuing businesses Nokia Networks, HERE and Nokia Technologies; C) expectations, plans or benefits related to changes in leadership and operational structure; D) expectations regarding market developments, general economic conditions and structural changes; E) expectations and targets regarding performance, including those related to market share, prices, net sales and margins; F) the timing of the deliveries of our products and services; G) expectations and targets regarding our financial performance, cost savings and competitiveness as well as results of operations; H) expectations and targets regarding collaboration and partnering arrangements; I) the outcome of pending and threatened litigation, disputes, regulatory proceedings or investigations by authorities; J) expectations regarding restructurings, investments, uses of proceeds from transactions, acquisitions and divestments and our ability to achieve the financial and operational targets set in connection with any such restructurings, investments, divestments and acquisitions, including any expectations, plans or benefits related to or caused by the transaction announced on September 3, 2013 where Nokia sold substantially all of Nokias Devices & Services business to Microsoft on April 25, 2014 (Sale of the D&S Business); K) statements preceded by or including believe, expect, anticipate, foresee, sees, target, estimate, designed, aim, plans, intends, focus, continue, project, should, will or similar expressions. These statements are based on managements best assumptions and beliefs in light of the information currently available to it. Because they involve risks and uncertainties, actual results may differ materially from the results that we currently expect. Factors, including risks and uncertainties that could cause these differences include, but are not limited to: 1) our ability to execute our new strategy successfully and in a timely manner, and our ability to successfully adjust our operations; 2) our ability to sustain or improve the operational and financial performance of our co
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Operator customers to enjoy proven services and capabilities that are unmatched in the industry
