News and Announcements
Gasan Investments takes a stake in ISL
- Published May 30, 2014 12:07PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
ISL is pleased to announce an investment by Gasan Investments led by David Gasan. The Gasan Group has extensive interests in telecoms in Central and Eastern Europe and has been following developments in small cell wifi infrastructure market in Europe and the US.
ABOUT ISL:
Infrastructure Logic (‘ISL’) is building and operating low-cost public WiFi networks to arbitrage the competitive tension that exist between large telco’s who have built high-cost 4G/3G mobile data networks and smaller mobile operators who purchase capacity on these networks to service their retail customers.
The arbitrage opportunity for ISL arises primarily from the growth in smaller telco operators who do not own networks – MVNOs, as well as MNOs that are experiencing capacity constraints in high traffic areas. For smaller operators, the ability to offload mobile traffic to a lower cost network translates to immediate bottom-line profits.
ISL installs small cell technologies, primarily WiFi networks in high-usage/ densely populated areas. It then charges MVNOs and MNOs fees to allow their customers to use the network per megabyte displaced from 4G/3G. End users enjoy significantly faster network speeds available over WiFi and will typically use more data.