ExteNet Systems Completes Acquisition of Axiom Fiber Networks

CHICAGO, Nov. 13, 2017 /PRNewswire/ -- ExteNet Systems, a leading provider of Distributed Network Systems (DNS) enabling advanced cellular, wireless and broadband connectivity across urban and rural America, today announced the completion of its acquisition of MetroFiber Co., LLC, d/b/a Axiom Fiber Networks. Terms of the agreement were not disclosed.

Axiom's high-bandwidth fiber will be accretive to ExteNet's existing purpose-built fiber in Manhattan. Overlaying Axiom's newly-built and high strand count fiber to its fiber plant positions ExteNet well to address the increasing densification, bandwidth and communication needs throughout New York City.

"Our customers, including service providers, building owners, municipalities and enterprises require scalable, reliable, secure and high-bandwidth network solutions," said Ross Manire, President and CEO for ExteNet Systems. "ExteNet has an expansive fiber network in New York City, serving outdoo and in-building customers. This acquisition of Axiom Fiber Networks allows us to extend and densify our service footprint in lower Manhattan for the benefit of our customers. I would like to welcome Axiom customers, and employees, to the ExteNet family."

ExteNet will undertake responsibilities of all existing Axiom customers. Axiom CEO Felipe J. Alvarez will join ExteNet's management team.

About ExteNet Systems, Inc.
Lisle, Ill.-based ExteNet Systems, Inc. designs, builds, owns and operates distributed networks (DNS) for use by wireless carriers, broadband providers, IoT companies, property owners and communities across the United States. ExteNet deploys scalable communications infrastructure to enhance wireless and broadband services across both outdoor and indoor environments using fiber-based distributed antenna systems (DAS), remote radio heads (RRH), small cells, Wi-Fi, Virtualized Evolved Packet Core (vEPC) and other technologies. ExteNet's outdoor distributed networks are deployed in a variety of urban, suburban and rural environments. Indoor distributed networks are deployed in various property verticals including sports and entertainment venues, hotels and convention centers, commercial office space, healthcare facilities and transit systems. For more information, please visit www.extenetsystems.com.


"ExteNet" is a registered trademark of ExteNet Systems, Inc.

Media Contact:
Eddy Rivera
Edelman
312.240.2606
[email protected] 

Analyst Contact:
Manish Matta
ExteNet Systems
630.505.3846
[email protected]

View original content:http://www.prnewswire.com/news-releases/extenet-systems-completes-acquisition-of-axiom-fiber-networks-300554245.html

SOURCE ExteNet Systems, Inc.

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