Nokia Networks completes SAC Wireless acquisition
Nokia Networks has completed the acquisition of US-based SAC Wireless in a bid to increase its share of the infrastructure and network deployment market.
The acquisition is designed to build upon Nokia Networks’ existing network implementation service capabilities and bring notable revenue synergies.
“We are seeing a trend in which operators are moving away from sub-contracting their network implementation services and opting instead for a direct service provider or ‘self-perform’ model,” said Ricky Corker, EVP of North America at Nokia Networks.
“With a national footprint and a proven track record of working with major telecoms operators, SAC Wireless’ capabilities complement our own in-house expertise,” Corker added.
Operators are requiring greater control over their networks as they face large-scale network expansions and small cell implementation as well as a number of other factors which can hinder roll-out and time-to-market.
SAC Wireless brings approximately 500 employees to Nokia Networks as well its entire resource base, which includes the SAC Wireless Engine Room, a solution focussed on managing site development.
“As new network densification technologies are introduced, we believe there will be a need for shortened deployment timelines and the ability to self-perform will become increasingly critical,” said Bill Koziel, president and CEO of SAC Wireless. “The teaming of Nokia Networks and SAC Wireless is a natural evolution of service solution providers in this industry.”
SAC Wireless is the second acquisition for Nokia Networks in as many months, with the company revealing plans to acquire Japan’s Panasonic Systems Networks in July 2014.