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News Release: Funds Managed by Affiliates of Apollo Global Management Invest in Infrastructure Networks

Funding Enables Continued Roll-out of National Network and IoT Platform

HOUSTON, TX and NEW YORK, NY (September 18, 2018) — Infrastructure Networks, Inc. (“INET” or “the Company”), the leading provider of private broadband wireless LTE solutions to the energy industry, announced today that it has closed an equity investment round led by funds managed by affiliates of Apollo Global Management, LLC (NYSE:APO) (together with its consolidated subsidiaries, “Apollo”). The investment will allow the Company to continue the rapid growth and expansion of its 4G / 5G-LTE private wireless offerings and further implement its industrial IoT platform. Additional capital was provided by current investors, Altira Group and Texas Ventures.

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Houston Chronicle: Infrastructure Networks expands service area to remote O&G regions in N.M., Okla.

“Infrastructure Networks, a Houston provider of broadband wireless networks and high-speed internet service to the energy industry, has expanded its coverage into remote areas of New Mexico and Oklahoma.

The expansion adds more than 40,000 square miles of high-bandwidth coverage to remote oil and gas operations in New Mexico’s Delaware Basin region and Oklahoma’s SCOOP/STACK Plays…”

Continue reading this article on Chron.com at FuelFix.

 

 

News Release: Infrastructure Networks Expands LTE Network to New Mexico’s Delaware Basin & Oklahoma’s SCOOP-STACK

Expands LTE Network for Continued Roll-out of National IIoT and Private LTE Network Platform

HOUSTON, TX (August 30, 2018) — Infrastructure Networks, Inc. (“INET” or the Company), the leading provider of broadband wireless networks and LTE coverage to the energy industry, announced today that they have expanded their US footprint by increasing 4G/5G-LTE network coverage into remote areas of New Mexico and Oklahoma.  The Company has provided services for the bulk of the Permian Basin for years, but this expansion  is adding more than 40,000 square miles of high-bandwidth coverage to remote oil and gas operations in New Mexico’s Delaware Basin region as well Oklahoma’s SCOOP/STACK Plays. The INET platform enables sophisticated wireless capabilities and Industrial Internet of Things (“IIoT”) functionality to the regions.

Scott Crist, CEO and Chairman of INET said, “We welcome our first industrial customers onto the newly-lit network for the Delaware Basin and the SCOOP/STACK. The reality is that the energy industry is at the forefront of a significant revolution where companies are embracing automation, analytics, and machine learning to help them more effectively compete in the new industrial marketplace.  The robustness and sophistication of our platform is helping companies embrace this evolutionary change taking place.”

INET provides the first end-to-end, dedicated wireless network capable of supporting the full range of Industrial IoT solutions, and owns or controls spectrum (700 MHz, AWS and BRS/EBS broadband spectrum) covering a majority of the energy-producing assets in North America, including the Permian, Bakken, and Eagle Ford, and now areas of New Mexico and Oklahoma centered around the Delaware Basin and the SCOOP & STACK Plays. This LTE network deployment improves remote communications for oil and gas operators in drilling, completion, pipeline and production and opens the door to wireless service retailers on the INET network. Further expansions into North American sites are expected as the company continues to acquire licensed spectrum and energy operations increase.

For more information, contact Allegra Taylor, Marketing and Media Manager at (832) 862-7541, or allegra.taylor@inetlte.com.

About Infrastructure Networks, Inc.

Infrastructure Networks (“INET”) is a fully-integrated technology & telecommunications company that enables the ‘Industrial Internet of Things’ (“IIoT”). The Company provides the first end-to-end, standards-based, dedicated wireless network supporting the full spectrum of IIoT solutions, and owns or controls the majority of the 4G/ 5G-LTE spectrum covering energy-producing assets in North America. By providing wireless LTE connectivity and “plug and play” solutions to exploration, production and distribution of oil and natural gas, INET has become the leader in rolling-out products and services to the industry. INET manages through its Cloudcore Wireless-Infrastructure-as-a-Service Platform, enabling existing SCADA, Mobile Data, Video, Workforce Automation, and other machine-to-machine applications with ‘Internet of Things’ functionality.  visit http://www.InetLTE.com

CEO Scott Crist to Present at U-Pitch 2018

***Please note that INET will be at booth #2463 at URTeC 2018. This has been changed in the below text from booth #2157. Thank you. 

Infrastructure Networks, Inc. (INET) CEO, Scott Crist, will present at AAPG U-Pitch 2018, Monday, July 23, at 12:30 p.m. AAPG U-Pitch is a presentation that takes place at Unconventional Resources and Technology Conference (URTeC) before a panel for the opportunity to develop productive partnerships and expand markets. Crist will present on the topic of Ubiquitous Communications with LTE in the Permian, Eagle Ford, Bakken, Scoop & Stack and Beyond, and share the INET solution for improving remote communications with examples from existing customer partnerships.

INET employees and executives will also be in attendance on the URTeC exhibitor floor at Booth # 2463. URTeC projects they will have over 3,500+ attendees, 300+ technical presentations and 150 exhibiting companies in attendance. URTeC 2018 in Houston looks to push the boundaries of Oil & Gas innovation and continue as the premier event focused on the latest science and technology applied to exploration and development of unconventional resources.

INET is a top-recognized provider for telecommunications in Oil & Gas, and the leading telecom and technology solutions provider in the Permian, Eagle Ford, Bakken and Scoop & Stack. Crist stated the company is at the forefront of an exciting technical revolution for many in Energy. INET’s mission is to be the leading Wireless-Infrastructure-as-a-Service platform and solutions provider for the ‘Industrial Internet of Things’ economy, enabling: automation, analytics, robotics, AI and SCADA in a standards-based, globally-scalable, cloud platform.

The expo will provide attendees with the opportunity to connect to information and people in energy, technology and Oil & Gas innovation. The expo takes place July 23-25, 2018 at the George R. Brown Convention Center. Click here for more information about our participation in the AAPG U-Pitch event and URTeC.

Infrastructure Networks to Exhibit at 2018 DUG Permian in Fort Worth

Infrastructure Networks (INET) will attend and exhibit at the 2018 DUG Permian, a Hart Energy Conference in Fort Worth, Texas. INET will be located at booth #917 at the annual conference and expo, which brings together , 2,500+ industry professionals, 50+ executive-level speakers and 200+ exhibitors and sponsors in the oil and gas industry. INET CEO Scott Crist will be in attendance, along with other senior executives of the company. INET’s mission is to be the leading Wireless-Infrastructure-as-a-Service platform and solutions provider for the ‘Industrial Internet of Things’ economy, enabling: automation, analytics, robotics, AI and SCADA in a standards-based, globally-scalable, cloud platform.

The Permian Basin has always been a proving ground for oil and gas companies, and DUG Permian is where INET will introduce many new and old players to the next-generation of communication services for the digital oilfield. The expo takes place May 21-23, 2018 at the Fort Worth Convention Center.

Click here for more information about our participation in the 2018 DUG Permian conference and exposition.