iBus group backed by Morgan Stanley, has acquired certain Wi-Fi Managed Service assets of D-VoiS Communications Pvt. Ltd. With this acquisition iBus envisions accelerating the convergence of protocols to amplify the experience of digital services for our 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 Wi-Fi, Corporate, and Public Wi-Fi.
Sunil Menon, Founder & President of iBus Digital stated, “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’.”
Commenting on the development, Ramesh Sathyanarayana, Director of D-VoiS Private Limited said, “This segment delivers services to our customers’ customers. (B2B2C). The quality of service to end users is extremely critical for our customers. We are confident this merger will provide them with access to latest technology and a platform to deliver seamless connectivity for the end users.
iBus group-owned multidimensional networks are deployed across ~ 1. billion sqft 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 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.