Digital Alpha Advisors Invests $185M in WeLink to Expand Fixed-Wireless Broadband
January 7, 2021
Digital Alpha Advisors has made a $185 million investment in WeLink, a fixed-wireless broadband provider, becoming the company’s leading outside investor and taking board seats. The growth capital will fund WeLink’s network expansion and subscriber acquisition as it scales from its Las Vegas footprint into additional U.S. metro areas (including Phoenix and Tucson).
- Buyers
- Digital Alpha Advisors
- Targets
- WeLink
- Industry
- Telecommunications
- Location
- Utah, United States
- Transaction Type
- Growth capital
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