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New Deal


Announced

DHI Telecom acquired France-based Travel WiFi.

Financials

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Tags

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France

wifi network equipment

Private

Internet

internet services

Acquisition

Synopsis

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DHI Telecom, a US commercial Internet service provider, acquired France-based Travel WiFi, which provides travelers to France, Europe and beyond with rentals of high-quality, pocket-sized WiFi with free pickup at Paris area airports and retail locations. Travel WiFi will be organized under Tep Wireless, a subsidiary of DHI Telecom. Financial terms were not disclosed. Simone Rigoni, CEO of Tep Wireless, said: “We’re impressed with Travel WiFi’s nearly identical business model to ours and their outstanding success in France.”

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