Houston, Texas, United States, September 8th, 2015
Infrastructure Networks Inc., a Houston-based telecommunications company, has raised $3.3 million, according to a filing with the Securities and Exchange Commission.
Infrastructure Networks is a wireless Internet provider for oil and gas companies. It offers 4G LTE Internet — similar to the speeds on most smartphones today — in the Eagle Ford Shale, the Permian Basin, the Bakken Shale and the Texas Panhandle, according to the company’s website.
The equity raise was led by existing investor Altira Group, a Denver-based oil and gas venture capital fund.
Houston, Texas, United States, April 13th, 2015
Infrastructure Networks, Inc. (INET), a leading provider of industrial LTE wireless broadband services to Oil & Gas and other critical infrastructure industries, today announced it has signed a substantial multi-year contract with a large independent exploration and production company to provide wireless connectivity in the Permian Basin; improving worker safety, productivity and efficiency.
Under this new contract, the large independent will be utilizing Infrastructure Networks’ industrial LTE network, which is the first open standards based wireless network dedicated to critical infrastructure, which includes the oil and gas industry. The network currently covers 18,000mi2 of the Permian Basin and will be expanded to 25,000mi2 in 2015.
INET’s network enables Oil & Gas companies to have instant connectivity to people and machine-to-machine (M2M) applications in the field. This connectivity provides the fundamental platform to unlock the value of data that can be captured and shared by smart devices. This provides Oil & Gas companies the ability to operate each well or rig more efficiently, reducing downtime.
Houston, Texas, United States, March 2nd, 2015
Infrastructure Networks, Inc. Announces Pilot LTE Deployment in the Gulf of Mexico
Infrastructure Networks, Inc. (INET), a leading provider of industrial LTE wireless broadband services to oil and gas and other critical infrastructure industries, is deploying a pilot LTE system in the Gulf of Mexico.
INET’s pilot deployment will be used to demonstrate the superior capabilities of industrial LTE wireless broadband service and coverage when coupled with 700 MHz spectrum that INET has leased from Verizon Wireless under the LTE in Rural America program. The pilot will be open to certain companies operating in the Gulf of Mexico that have expressed an interest in using the network for testing and planning larger LTE rollouts.
Houston, Texas, United States, October 5, 2012
Company Secures New Capital to Support Growing Communication Needs of Oil and Gas Industry Throughout North America
Infrastructure Networks, Inc, a Houston, Texas-based provider of broadband wireless networks to oil and gas and other critical infrastructure industries, has announced that it has raised a new round of funding from Altira Group LLC, a leading oil and gas investor in technology and advantaged service companies.
Founded in March of 2011, Infrastructure Networks has been rapidly expanding its holdings by acquiring licensed 700 MHz broadband spectrum. To date those holdings cover more than 150,000 square miles of the Bakken Shale in North Dakota, the Niobrara Shale in Colorado, the Eagle Ford Shale and Permian Basin in Texas, as well as the Texas panhandle, parts of Eastern New Mexico and Kern County, California. In July of this year, the company announced that it had deployed five LTE (Long-Term Evolution) wireless broadband sites, establishing a firm presence in the Permian Basin area of West Texas. These are the first LTE sites to be exclusively dedicated to the needs of Critical Infrastructure entities, such as oil and gas exploration and production companies, and their launch makes Infrastructure Networks one of only a handful of companies, including Verizon, AT&T and Metro PCS, to operate an LTE network in North America.
Houston, Texas, United States, July 25, 2012
Infrastructure Networks Rolls Out The First LTE Network For Critical Infrastructure In The Heart of The Permian Basin
Infrastructure Networks, a Houston, Texas-based provider of broadband wireless networks to Critical Infrastructure Industries, has announced that it recently deployed 5 LTE (Long-Term Evolution) wireless broadband coverage sites in the Permian Basin area of West Texas. These are the first LTE sites to be exclusively dedicated to the needs of Critical Infrastructure entities, and their launch makes Infrastructure Networks one of only a handful of companies, including Verizon, AT&T and Metro PCS, to operate an LTE network in North America.
Traditionally, retail and consumer based providers such as Verizon have not focused their coverage on less populated rural areas. However, those remote areas, such as the Permian Basin and Eagle Ford Shale in Texas and the Bakken Shale in North Dakota, are often home to a heavy concentration of Critical Infrastructure operations. This lack of adequate coverage has created a window of opportunity which has motivated Infrastructure Networks’ initial efforts.