Berlin Atlantic Capital's Communications Infrastructure Group Announces Strategic...

* Reuters is not responsible for the content in this press release.

Mon Mar 31, 2008 10:41am EDT

Berlin Atlantic Capital's Communications Infrastructure Group Announces Strategic Relationship with Wireless Facilities, Inc. for Development of Telecommunications Facilities

ATLANTA--(Business Wire)--
BAC Communications Infrastructure Group, LLC (BAC CIG) (Atlanta),
a telecommunications infrastructure company, announces an alliance
with Wireless Facilities, Inc. (WFI) (Reston, VA), an end-to-end
provider of network deployment services, to develop telecommunications
towers and related facilities in the Eastern U.S. initially and
nationwide later in 2008.

   This new relationship will enable BAC CIG to fund projects while
taking advantage of WFI's expertise in identifying infrastructure
opportunities in key geographic locations and accelerating site
acquisition and regulatory approvals. Together the two companies will
provide major wireless and broadband carriers with strategically
located, rapidly implemented infrastructure to strengthen and expand
carrier service throughout the U.S.

   "Most wireless carriers do not own but rent space on cellular
towers due to high development costs and specialized regulatory
approvals," notes Daniel Ryan, CEO of BAC CIG. "With a growing need
for towers and shrinking carrier capital budgets, investment in
telecommunications infrastructure represents a true bright spot in
today's financial market. In collaboration with WFI, BAC
Communications Infrastructure Group offers a range of unique benefits
to carriers and to our investors."

   Ryan points out that BAC CIG has access to extensive market
research and contacts, local zoning and regulatory approval expertise
and immediate capital to fund the development of wireless assets.
WFI's deep commitment to and history in the network deployment
industry helps BAC CIG deliver comprehensive expertise in a scalable
manner.

   "We are very excited to be partnering with Berlin Atlantic's new
Communications Infrastructure Group," said Keith Pennachio, Vice
President and General Manager for Wireless Facilities, Inc. "The
synergies derived from such an alliance will yield benefits for both
of our companies and ultimately our clients."

   Berlin Atlantic Capital is an independent international investment
house with its U.S. headquarters located in Atlanta. BAC
Communications Infrastructure Group seeks out creative investment
opportunities in the dynamic arena of wireless communications assets.
By targeting initiatives focused on development processes associated
with these assets, BAC CIG is in a unique position to capitalize
proactively on behalf of its investors on the growing consumer demand
for reliable wireless infrastructure.

   Wireless Facilities, Inc. is a leading, end-to-end provider of
turnkey network deployment services. For over a decade they have
provided services to the leading wireless carriers and equipment
manufacturers across the globe. Their primary services include
complete site investigation and acquisition services, infrastructure
design and installation, network services, construction and overall
project management.

NewsFlash Marketing Communications
Jeanne-Marie Phillips, 203-363-0347
jphillips@healthflashmarketing.com

Copyright Business Wire 2008
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.