Melody Wireless Infrastructure increases asset base with acquisition of over 760 assets from Unison Site Management
GREENWICH, Conn., July 11, 2016 /PRNewswire/ -- Melody Wireless Infrastructure ("Melody"), an affiliate of Melody Capital Partners, LP, announced today that it has acquired over 760 wireless infrastructure assets from Unison Site Management, increasing the size of Melody's portfolio to approximately 3,000 assets.
Omar Jaffrey, Managing Partner at Melody Capital Partners, and CEO of Melody Wireless Infrastructure stated: "This latest acquisition will solidify Melody's presence within the wireless infrastructure ecosystem and directly aligns with our goals and philosophy. We are continuously looking to expand our asset base to support wireless carriers and tower operators."
"By acquiring this portfolio from Unison we will significantly increase our land easements underneath cellular towers, strengthening our relationships with all major tower companies. We look forward to having enhanced relationships with our customers and will continue to work together as long-term partners. In addition, this acquisition provides Melody with additional rooftop and wireless structure locations that will provide new location and service options to our carrier customers," David Bacino, President of Melody Wireless Infrastructure, stated.
About Melody Wireless Infrastructure
Melody Wireless Infrastructure is one of the largest independent owners of wireless cellular sites in the United States. With a portfolio of approximately 3,000 tower locations, structures and rooftops, they provide multiple options and combined solutions to wireless providers for network deployment. Melody Wireless Infrastructure is a subsidiary of Melody Telecom Land LLC, which qualifies as a real estate investment trust.
For more information and customer inquiries, please visit www.melodywireless.com
About Melody Capital Partners
Melody Capital Partners is a private investment firm with a unique strategy of creating financing solutions in partnership with borrowers. Melody has over $1.5 billion in capital and focuses on senior secured loan origination and direct lending in North America. Melody's platform includes investments in telecommunications and wireless infrastructure, telecommunications service providers and related businesses.
For more information on Melody Capital Partners, please visit www.melody.com
SOURCE Melody Wireless Infrastructure
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