The New York State Public Service Commission (Commission) today authorized wholesale wireless telephone service provider ExteNet Systems, Inc. to borrow up to $260 million to expand its distributed antenna systems business, a move that will allow the company to improve services to existing customers, including those in New York, and refinance existing debt.

“The transaction approved today will enable ExteNet to expand its wholesale network in U.S. and in New York, while also improving services the company provides to customers,” said Chair Audrey Zibelman. “As a result of the expanded wholesale network ExteNet intends to create, the company’s wholesale customers will be able to deliver better wireless services to their own retail customers, including improved access to emergency services.” 

The Lisle, IL-based ExteNet designs, builds, owns and operates distributed networks nationally for use by wireless carriers and venue owners. Using distributed antenna systems, small cells and other technologies, ExteNet deploys networks to enhance coverage and capacity and enable wireless service in both outdoor and indoor environments. Distributed network installations consist of minimally sized antennas and boxes installed on poles and streetlights that are in rights-of-way, with fiber optic cable attached to each pole aerially or underground.

The approved financing plan will facilitate the continuation of a competitive telecommunications market by providing ExteNet with the additional capital it needs to both maintain, and expand, its existing facilities. According to the company, some of these new networks are intended to be completed as quickly as possible, but no later than February 2014.

The Commission’s decision today, when issued, may be obtained by going to the Commission Documents section of the Commission’s Web site at www.dps.ny.gov and entering Case Number 13-C-0417 in the input box labeled "Search for Case/Matter Number". Many libraries offer free Internet access. Commission orders may also be obtained from the Commission’s Files Office, 14th floor, Three Empire State Plaza, Albany, NY 12223 (518-474-2500).  If you have difficulty understanding English, please call us at 1-800-342-3377 for free language assistance services regarding this press release.