Announced
Completed
Synopsis
KN Circet, a provider of telecommunications network services, completed the acquisition of ARCC Communications, which specialized in wireless telecommunications networks providing design, rigging, construction, installation and commissioning and maintenance services. Financial terms were not disclosed. “We are excited to join the Circet Group at this pivotal point in the evolution of mobile networks. We are confident that we will benefit from KN Circet’s experience to strengthen our presence in the market. Through the strength of the Circet Group, we look forward to capitalising on the many opportunities in the mobile market, in particular the current deployment and renewal of mobile networks across the region and preparation for the arrival of 5G. We look forward to this next exciting chapter of the ARCC journey,” Robin Conway, ARCC Managing Director.
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