Morgan Stanley-backed iBus group has acquired certain Wi-Fi managed service assets of D-VoiS Communications Private Limited. With this acquisition, iBus envisions accelerating the convergence of protocols to amplify the experience of digital services for its customers in the hospitality, education and co-living sectors. 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. With this consolidation, iBus will be one of the leaders in business-to-business high-speed internet access (HSIA).
A deep-rooted foundation with a solid presence in Bangalore, iBus group, as a digital economy infrastructure solution provider, 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, corporate, and public Wi-Fi.
Commenting on the development, Sunil Menon, founder and president, iBus Digital, said, “We are thrilled to announce the acquisition of the Wi-Fi managed service assets of D-VoiS. 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 and we are collectively committed to delivering exceptional connectivity solutions in keeping with our vision of ‘connect everyone, everything and everywhere’.”
Meanwhile, Ramesh Sathyanarayana, director, D-VoiS, said, “This segment delivers services to our customers’ customers. 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.”
iBus group-owned multidimensional networks are deployed across a nearly 1 billion sq. ft. 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 in-building solutions (IBS) networks across various venues in India, shall 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.
