July 9, 2024 — Omnipoint Technology Inc., a leading provider of high-speed internet and wireless services, has announced its acquisition of Zafa Towers, a Connecticut-based company specializing in cellular tower infrastructure. This acquisition strategically includes cell towers in Pennsylvania and Virginia as part of the deal.
Omnipoint is a minority owned company known for its commitment to bridging the digital divide, and this acquisition is a significant step in this direction. The move is anticipated to provide Omnipoint with the opportunity to widen its 5G wireless fiber reach, particularly in new markets, underscoring the company's growth strategy. Emphasizing rural communities, Omnipoint aims to bring more people into the digital fold.
Timothy Paul, CEO of Omnipoint Technology Inc., said, "This acquisition of Zafa Towers is a crucial milestone for our company. We believe in a world where everyone, no matter where they live, should have access to high-speed internet. Our expansion into Pennsylvania and Virginia, especially in the rural areas, will help us make this belief a reality."
He continued, "This deal is more than just a business move; it's about making a difference. We are aware of how crucial internet access is in the current age, and we are committed to breaking down the barriers wherever they exist."
The acquisition of Zafa Towers will bolster Omnipoint's infrastructure, improving its ability to deliver high-speed internet and wireless services. Furthermore, this strategic move is expected to enhance the company's potential to cater to a larger customer base, thereby boosting its market position.
The details of the acquisition have not been disclosed, but it is clear that this deal is set to play a substantial role in Omnipoint's long-term growth plan. This acquisition is also expected to provide a strong pathway for future expansion, allowing the company to continue its mission to provide reliable, high-speed connectivity to more people.
For investors, this acquisition signifies Omnipoint's strategic growth and commitment to expanding its services, making it an attractive investment opportunity.
Paul concluded, "Our investors can trust that we are committed to strategic growth. We understand the potential of the 5G market, and acquiring Zafa Towers is a testament to this understanding. We are not just growing our business; we are making a difference in the lives of people by providing them with reliable internet access."
About Omnipoint Technology Inc.: Omnipoint Technology Inc. is a leading provider of wireless and internet services, committed to bridging the digital divide by providing high-speed, reliable connectivity to all. The company stands with a mission to ensure that people, no matter where they live, have access to the digital world.
Press Contact: Michele Moore 413-785-8777, m,moore@omnipointtechnology.com
