BAI Closes on NY's ZenFi Networks

Australian telecommunications company BAI Communications closed on its buy of New York dark fiber backhaul company ZenFi Networks, BAI said Thursday. BAI said the deal helps accelerate its growth as a provider of connected 5G infrastructure in North America. The transaction also gives BAI a route to participate in the LinkNYC communications network that replaced payphones in New York City with kiosks that provide Wi-Fi, device charging and connections to city services.