European Wi-Fi network provider, The Cloud has announced the purchase of GlobalAirNet (Ganag), Germany's main provider of Wi-Fi services to four and five star hotels. Ganag has over 5,300 Wi-Fi access points located in over 300 hotels, with further expansion contracted in the hotel sector.
Steve Nicholson, The Cloud's Chief Executive, confirmed the acquisition of Ganag was an important building block in respect of consolidating the German market, and provides the foundation, brand and credentials to accelerate The Cloud's expansion into the European hospitality sector.
"We predict that the mobile industry will continue to wrestle with poor performing data networks over the coming 12 to 18 months. We therefore see a significant opportunity for The Cloud as the imagination of the mass market is captured by the arrival of new multimedia Wi-Fi enabled mobile devices throughout 2008."
The Cloud confirms that Mr. Achim Moehrlein, Managing Director and Co-Founder of Ganag, will be immediately appointed as Managing Director of The Cloud's combined German business.
The Cloud has 12,000 network locations and over 20,000 access points in the UK, Germany, Sweden, Denmark, Norway and The Netherlands.
Posted to the site on 17th January 2008
Posted to: www.cellular-news.com/story/28660.php