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Announced

Completed

UST completed the acquisition of MobileComm.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private

Completed

United States

deploying wireless networks

Mobile

Friendly

Domestic

Majority

Single Bidder

Synopsis

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UST, digital transformation solutions company, completed the acquisition of MobileComm, a global frontrunner in deploying and modernizing wireless networks, heightening performance standards, constructing Private cellular networks, and executing Open RAN solutions. Financial terms were not disclosed. "We are proud to announce the acquisition of MobileComm. We believe this strategic move will further empower UST to continue developing our wide range of compelling solutions in the telecommunications sector. We are now better positioned to leverage our existing technologies and client relationships to expand the scope of our offerings and deliver bespoke solutions that accelerate digital transformation. UST will build upon this momentum by continuing to invest in the network engineering space,"Aravind Nandanan, UST Telecommunications, General Manager.

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