Morgan Stanley-backed iBus acquires certain Wi-Fi Managed Service assets of D-VoiS – ETTelecom

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Morgan Stanley-backed iBus acquires certain Wi-Fi Managed Service assets of D-VoiS  ETTelecom

Morgan Stanley-backed iBus acquires certain Wi-Fi Managed Service assets of D-VoiS

NEW DELHI: iBus group has acquired certain Wi-Fi Managed Service assets of D-VoiS Communications Pvt. Ltd to increase its focus on customers in the hospitality, education and co-living sectors.

With this consolidation, iBus will be one of the leaders in business-to-business High-Speed Internet Access (HSIA).

The Morgan Stanley-backed company said the convergence of mobility and fixed line provides the customers of iBus the ability to leverage cross-functional, secure, and hyper-scalable networks to deliver an immersive digital experience.

“…the acquisition will expand our footprint across more than 25 cities in India and further solidify our industry-leading position in the country. We are excited about the inclusion of the experienced and talented team of D-VoiS,” Sunil Menon, Founder & President of iBus Digital said in a statement.

iBus group said that it aims to build on its existing verticals and expand into various other domains such as airports, hospitals, and high-end residences in India and overseas.

This business integration vision shall transform the digital infrastructure into a full-stack solution with easier accessibility and finer reliability of cutting-edge Internet solutions, fit for various segments inclusive of Retail, Hospitality, Campus Wi-Fi, Corporate, and Public Wi-Fi.

“The 5G ecosystem is still evolving. Our intent is to work across industry, work across different use cases to try to see if you can stimulate and work with users to find ways to accelerate the adoption of use cases,” Arvind Nevatia, chief enterprise business officer, Vodafone Idea, told ET.

Ramesh Sathyanarayana, Director of D-VoiS Private Limited said, “This segment delivers services to our customers’ customers. (B2B2C). The quality of service to end users is extremely critical for our customers. We are confident this merger will provide them with access to the latest technology and a platform to deliver seamless connectivity for the end users.D-Vois is a category ‘A’ ISP and is one of the six pure play Internet Service Providers in India, with over 2.5 lakh customers and nearly around 25,000 Access Points in more than 60 cities across the country.

iBus group-owned multidimensional networks are deployed across ~ 1. billion sqft area with 750 sites in 52 cities. The aspect of managing Wi-Fi along with the existing business of building neutral host passive and active IBS networks across various venues in India, will enable iBus group to become one of the largest multi-dimensional connectivity network operators in the country.

Additionally, iBus will offer its Internet of Things (IoT) solutions to its existing and new customers on its world-class connectivity platform.

Source: telecom.economictimes.indiatimes.com

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