Strategic Wireless Acquires South Dakota Telecommunications Assets
May 8, 2020
COSTA MESA, CA–Strategic Wireless Infrastructure Funds Management, LLC and its affiliate, SWI Funds Tower Holdings, LLC (“Strategic Wireless”) announced the acquisition of telecommunications assets including a cell tower, real estate and other related properties located in central South Dakota. The assets are located near the center of the state and are critical in providing wireless access and connectivity to the local rural population and businesses in the area.
According to Strategic Wireless, “Although many economic sectors are feeling the effects of the market downturn, wireless connectivity continues to display utility like importance. Critical assets like cell towers are being relied upon now more than ever as they continue to display their resilient nature in the face of economic adversity.”
The company is pleased to be able to add high quality assets like these to its growing portfolio as it continues to source new and exciting opportunities.
About Strategic Wireless
Strategic Wireless is an investment manager, capital partner and holding company focused on acquiring, building and managing telecom infrastructure assets that support mobile and internet connectivity. To help achieve its investment objectives, Strategic Wireless establishes mutually beneficial partnerships with select independent operators and developers throughout the U.S. The company’s goal is to align interests, provide transparency and offer fair pricing to ensure longstanding working relationships for years to come.
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