BAI Communications recently announced the close of its acquisition of ZenFi Networks, which means that the former has obtained the latter’s portfolio of assets, including over 1,100 route miles of fibre network throughout the New York and New Jersey metro region. The CEOs of both companies – Igor LePrince of BAI and Ray LaChance of ZenFi – sat down with RCR Wireless News to provide more insight into why the acquisition makes “perfect sense.”
“ZenFi fits into three of the four key pillars of our strategy,” LePrince shared. The pillars, he continued, are: Next-generation networks, in the form of small cells, which is the majority of what ZenFi does; 2) connected enterprise and venue; and connected cities and communities, which the pair said is “arguably” what ZenFi is doing with fibre in New York City.
LePrince added that while ZenFi’s portfolio doesn’t currently include BAI’s last pillar – connected transport – it certainly compliments it. “That’s the reason we’re excited and it goes back to our strong belief in small cell fibre 5G adoption,” he said.
ZenFi’s NYC fibre network connects into major data centres and points of presence in 65 network edge colocation facilities, a critical component of its C-RAN infrastructure. The company also contracts with wireless carrier customers in the region and the rights to provide mobile infrastructure solutions across 4,000 LinkNYC kiosk structures through its partnership with the CityBridge consortium. With the acquisition squared away, the BAI Group can participate in Link5G, the next phase of LinkNYC, a communications network that has replaced pay-phones across New York City with kiosks equipped with free high-speed Wi-Fi, maps, connections to city services and device charging at no cost to users.
“I’d like to characterise what we were doing in our microcosm of New York City is building connected infrastructure to enable smart city and… fabric for wireless connectivity,” ZenFi’s LaChance explained. He went on to say that the opportunity to join forces with BAI represented a critical “convergence” of commercial and technology assets.