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August 11, 2011 06:18 pm GMT

Airband Raises $20 Million, Announces Plans For Mergers And Acquisitions

airbandAirband, a provider of fixed wireless voice and data services to businesses, this morning announced that it has secured $20 million in financing from Boston-based ABRY Partners, which also got a seat on Airband's board of directors.Airband, which offers Internet access, data services, VoIP, security and other solutions, says it plans to expand network coverage and capacity in existing markets but also explore mergers with or acquisitions of fixed-wireless providers operational in other regions and optimize its capital structure.

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