Global investment firm KKR said Monday it’s investing...
Global investment firm KKR said Monday it’s investing an undisclosed amount in three Associated Partners-managed wireless infrastructure businesses -- AP Towers, AP Wireless and PEG Bandwidth. AP Towers develops new wireless towers and buys currently operating sites, while AP Wireless…
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buys interests in cell site ground and rooftop leases. PEG Bandwidth designs, builds and operates ethernet backhaul networks that connect towers with fiber networks in primarily rural areas, KKR said. “The need for wireless infrastructure will continue to be driven by increases in wireless data usage that is overwhelming existing network capacity,” said Raj Agrawal, KKR head-North American infrastructure, in a news release (http://bit.ly/1f002OQ).