Assam Electronics Development Coro has appointed iBus Networks as its official partner for the deployment and operations of digital infrastructure on commercial premises. The partnership will offer connectivity solutions on large campuses, IT parks, hospitals, etc. Assam Electronics Development Corp has over 36 years of experience in delivering IT solutions, while iBus is a network coverage provider covering a 500M sqft area.
iBus Networks, a Morgan Stanley Infrastructure fund-backed firm, has acquired Ubico Networks for Rs 100 cr to become one of the largest neutral in-building and in-campus network coverage providers in the country. It deploys IBS infrastructure across 233 commercial and retail sites and helps telcos improve network capacity and coverage. Morgan Stanley, recently, had invested Rs 150 cr in the Bengaluru-based firm to fund its inorganic growth.