Airband, a provider of fixed wireless voice and data services to businesses, this morning announced that it has secured $20 million in financing from Boston-based ABRY Partners, which also got a seat on Airband’s board of directors.
Airband, which offers Internet access, data services, VoIP, security and other solutions, says it plans to expand network coverage and capacity in existing markets but also explore mergers with or acquisitions of fixed-wireless providers operational in other regions and optimize its capital structure.
A year ago, Airband and Sparkplug announced their merger, creating one of the largest fixed-wireless companies in the United States with operations in 17 markets.
Airband Communications is the largest WiMAX fixed-wireless provider serving businesses in the United States. They deliver a comprehensive portfolio of high-bandwidth and managed solutions over one of the industry’s most scalable last-mile networks. Founded in 2000, Airband built its wholly-owned network to bypass the local phone and cable companies, providing customers with faster install times, unmatched scalability and complete path redundancy from the traditional wireline infrastructure. Today, Airband provides service in 14 markets and is expanding quickly. Airband is managed by...