Phoenix Tower International (PTI) has announced its acquisition of Syscom Telecom, LLC, thereby adding over 80,000 marketable sites to PTI´s US portfolio, the company said.
Syscom Telecom, LLC, a small cell deployment business in the United States, manages and markets over 80,000 sites for small cell and macro cell deployments with various small cell master agreements in place with wireless operators.
Terms of the transaction remain confidential between the parties.
Phoenix Tower International owns and manages over 6,000 towers, 986 km of fiber and other wireless infrastructure and related sites throughout the United States, including Puerto Rico and the US Virgin Islands, Costa Rica, Panama, El Salvador, Guatemala, Colombia, Peru, Mexico, the Dominican Republic, French West Indies, Jamaica, Argentina and Ecuador.
Headquartered in Boca Raton, Florida, PTI was founded in 2013 with a mission to be a premier site provider to wireless operators across the Americas in high-growth markets. PTI´s investors include funds managed by Blackstone Tactical Opportunities and John Hancock, as well as various members of the management team. For more information, visit www.phoenixintnl.com.