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Iburst Case Summary

Satisfactory Essays

According to new iBurst CEO, Duncan Simpson-Craib, iBurst has secured funding to be rolling out an LTE Advanced (LTE-A) network and is finalizing contract negotiations with a retailer for the project. In November Multisource had completed their acquisition of WBS, which is the parent company of iBurst as well as Broadlink. Multisource stated that at the time, they were planning to develop the current businesses as well as network to influence the valuable spectrum license that WBS is holding. The company will be using their LTE-A network to serve their current iBurst Wireless subscribers as well as to attract new customers to the company.

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