M&A Deal Summary

KonaTel Acquires Infiniti Mobile

On February 19, 2019, KonaTel acquired communications company Infiniti Mobile

Acquisition Highlights
  • This is KonaTel’s 1st transaction in the Communications sector.
  • This is KonaTel’s 2nd transaction in the United States.
  • This is KonaTel’s 1st transaction in Oklahoma.

M&A Deal Summary
Date 2019-02-19
Target Infiniti Mobile
Sector Communications
Buyer(s) KonaTel
Deal Type Add-on Acquisition

Target

Infiniti Mobile

Tulsa, Oklahoma, United States
IM Telecom LLC is a wireless lifeline service provider. IM Telecom is based in Tulsa, Oklahoma.

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Buyer(S) 1

Buyer

KonaTel

Dallas, United States
Category Company
Sector Communications
Employees17
DESCRIPTION

KonaTel, Inc. is a provider of mobile services to individual and business customers in various retail and wholesale markets. The company offers post-paid wireless service plans, including voice, text, and data, along with wireless data-only IoT plans. KonaTel is based in Dallas, Texas.

DEAL STATS #
Overall 2 of 2
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Oklahoma) 1 of 1
Country (United States) 2 of 2
Year (2019) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-31 Apeiron Systems

Hermosa Beach, California, United States

Apeiron Systems, Inc. is a provider of real-time voice/data business communications services, including cloud-based Communications Platform as a Service (CPaaS) and Internet of Things (IoT) services. Apeiron Systems is based in Hermosa Beach, California.

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