Bolsters private mobile network offering
BAI Communications (BAI) has signed an agreement to acquire Titan ICT, an advanced communications engineering company specialising in dedicated networks for the mining, resources and energy industries.
As a leader in broadcast and shared communications infrastructure, and in operating mission critical networks, this agreement furthers BAI’s vision to become a trusted provider of telecommunications solutions.
This deal significantly expands the service offering that BAI and Titan ICT can provide to the private mobile network sector and operational communications networks. Combining BAI’s access to spectrum, financial strength and track record in managing mission critical networks with Titan ICT’s market positioning, capability and experience in designing and building networks will enable compelling solutions for customers.
Titan ICT is a well-respected organisation founded by Mike Stegena in 2003, with an established and proven leadership team, led by Managing Director, Chris Upstone. It brings with it a host of long-established customer relationships, and several live private mobile network projects with Tier 1 mining and energy customers.
Peter Lambourne, CEO of BAI Communications, said: “Titan ICT is a respected and high performing player in the Australian market, with deep capability in LTE, Microwave, IP and Radio networks and longstanding customer relationships. This acquisition is an important step forward in BAI’s growth strategy, complementing our existing communications infrastructure and services expertise. It positions us perfectly to support the increasing demand for private mobile networks and operational connectivity from businesses in the mining, resources and energy industries plus others looking to harness the very significant benefits of increased worker safety and automation.”
Commenting on the agreement, Chris Upstone, Managing Director of Titan ICT, said: “We are very excited about joining BAI Communications. The natural alignment between our businesses unlocks a range of opportunities to extend the services and support that we are providing our customers, positioning us to increase scale and leadership in the delivery of mission critical connectivity. BAI’s heritage, proven track record for delivery and prioritisation of service make for a natural fit. Combining Titan ICT’s established reputation and relationships around Australia and our expertise in deployment of operational networks with BAI’s capital capability, creates the perfect platform to capture the increasing private mobile network growth opportunity.”
The completion of the transaction is subject to customary regulatory clearances and is expected to close in the fourth quarter of this calendar year.
