BAI Communications to acquire Titan ICT

Communications infrastructure provider BAI Communications (BAI) has signed an agreement to acquire Perth-based Titan ICT, an advanced communications engineering company specialising in dedicated networks for the mining, resources and energy industries.

This deal significantly expands the service offering that BAI and Titan ICT can provide to the private mobile network sector and operational communications networks, combining BAI’s access to spectrum and experience in managing mission critical networks with Titan ICT’s  capability and experience in designing and building networks.

Titan ICT was founded by Mike Stegena in 2003 and is led by MD Chris Upstone.

It brings with it several live private mobile network projects with Tier 1 mining and energy customers.

BAI Communications CEO Peter Lambourne said Titan ICT is a "respected and high performing player" in the Australian market, with deep capability in LTE, Microwave, IP and Radio networks and longstanding customer relationships.

"This acquisition is an important step forward in BAI’s growth strategy, complementing our existing communications infrastructure and services expertise," he said.

"It positions us perfectly to support the increasing demand for private mobile networks and operational connectivity from businesses in the mining, resources and energy industries plus others looking to harness the very significant benefits of increased worker safety and automation.”

Upstone said the natural alignment between the businesses unlocks a range of opportunities to extend the services and support that currently provided to customers.

"BAI’s heritage, proven track record for delivery and prioritisation of service make for a natural fit," he said.

"Combining Titan ICT’s established reputation and relationships around Australia and our expertise in deployment of operational networks with BAI’s capital capability, creates the perfect platform to capture the increasing private mobile network growth opportunity.”

The completion of the transaction is subject to customary regulatory clearances and is expected to close in the fourth quarter of this calendar year.