Rivada Networks and Macquarie Capital Announce Joint Effort for Colorado and Other Opt-out States
Rivada Networks and Macquarie Capital announced today they will jointly pursue opt-out state contracts under the FirstNet legislation. The first initiative of this alliance is a conditional award from the State of Colorado to build out its public-safety broadband radio access network. The companies are actively pursuing other opportunities to deliver innovative services for wholesale wireless and public safety.
For states that opt out, our two companies will work together to develop and finance the build-out of their FirstNet opt-out radio access networks,” said Nick Butcher, Global Co-Head of Infrastructure & Energy of Macquarie Capital. “We are pleased to have received the conditional award from the Colorado Governor’s Office of Information Technology and look forward to working with the state to develop this exciting project.” Macquarie Capital and Rivada Networks, along with their consortium partners, will deliver a network which provides states substantial benefits - including a significant discount to the cost of service for public safety, job creation in the state, broad coverage expansion especially in rural areas, and real local control of the network. The purpose-built public safety network will provide greater functionality and lower the cost of telecommunications for public safety.
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