The New York and New Jersey metropolitan markets are in constant need of advancing digital infrastructure for new businesses and longtime veterans alike. With an ever-growing and changing landscape, the digital infrastructure industry is constantly evolving to meet the demands of all markets, especially this major one. This week, BAI Communications, a global leader in shared communications infrastructure, has closed on its acquisition of ZenFi Networks, an innovative digital infrastructure company, which was initiated in July of 2022. ZenFi operates network edge colocation and fiber optic network in the New York-New Jersey metro area, and will now benefit from BAI’s expansive portfolio.
Through its acquisition of ZenFi, BAI is aiming to enhance its reach in the Northeast United States with ZenFi’s established presence in the market. The acquisition brings BAI over 1,100 fiber route miles in New York and New Jersey, 65 points of presence, a number of unique C-RAN solutions, as well as a portfolio of customers including wireless carriers. Additionally, BAI will inherit ZenFi’s rights to provide mobile infrastructure solutions for 4,000 LinkNYC and Link5G kiosks across New York City. Unveiled earlier in 2022, Link5G expands upon LinkNYC’s free WiFi program by adding 5G capabilities to the kiosks throughout New York City, with the goal of bridging the digital divide in New York City by bringing free connectivity options to underserved communities. The rights to providing support to the LinkNYC program presents BAI with the proposition of furthering an expansive public 5G initiative and helping to deliver the future of mobile internet to the City.
ZenFi joins BAI’s growing portfolio of US-based digital infrastructure companies, with other acquisitions including Mobilitie and Transit Wireless. ZenFi’s experienced team of industry leaders, such as veteran Ray LaChance, Co-Founder and CEO of ZenFi Networks, will help BAI accomplish its mission to unify the capabilities of its acquired companies and position itself to become a leading provider of 5G infrastructure in the US and worldwide.
To read the full press release, click here.
To learn more about ZenFi Networks, click here.