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Berliner Communications Acquires Texas Company for 3.75M

Berliner Communications, an Elmwood Park-based provider of outsourced services for the wireless-communications industry, today announced it has acquired Digital Communication Services, an Arlington, Texas-based provider of antenna-, line- and equipment-installation services. The deal is valued atBerliner Communications (OTC BB: BERL.OB), an Elmwood Park-based provider of outsourced services for the wireless-communications industry, today announced it has acquired Digital Communication Services, an Arlington, Texas-based provider of antenna-, line- and equipment-installation services. The deal is valued at approximately $3.75 million in cash and notes, and 500,000 warrants to purchase shares of Berliner common stock. Digital Communication Services, known as Digitcom, is considered a leading contractor in the Southwest for the wireless communications industry and provides services in almost all regions of the country, says Berliner. Shares of Berliner rose $0.64 to $1.40 this afternoon. – Compiled by Michelle Wu

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