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airBand Communications Acquires Fixed Wireless Business Of Accelacom, LLC |
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Written by Kory Mohr
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Tuesday, 29 March 2005 |
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DALLAS--(BUSINESS WIRE)--March 29, 2005--airBand Communications, the
largest fixed wireless company in the United States, today announced
the completion of its acquisition of the fixed wireless business of
Accelacom, LLC, a broadband service provider based in Baltimore. With
this transaction, airBand secures a broadband network in Baltimore with
a customer base that includes some of the region's most prominent
enterprises, including Under Armour, Mercy Hospital, Howard County
General Hospital, the University of Maryland Diagnostic Center, and
Brown Investment Advisory & Trust Co.
"Fixed wireless provides a strategic and cost-effective alternative
for enterprises seeking broadband connectivity," said Andrew Lombard,
airBand President and CEO. "As we sought to expand our offerings,
Accelacom's complementary network architecture, strong service record
and profitable business model met our most important criteria. We look
forward to building on the company's achievements by expanding on the
services we offer to customers in Baltimore and investing in the
network to support further growth." Accelacom's employees will
join airBand, including the company's President, Christopher Camut.
Camut will serve as airBand's Vice President of the Mid-Atlantic
region. All of Accelacom's employees will have opportunities for
continued growth within the company. Salvatore Tirabassi, Partner of
Dolphin Equity Partners, Accelacom's lead investor, will join airBand's
board of directors. |
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