North Texas is landing yet another corporate headquarters relocation.
ExteNet Systems is moving its headquarters from Illinois to a new 37,000-square-foot space at the Frisco Station development.
The company—which specializes in providing secure 5G and fiber-neutral host communications infrastructure to mobile network operators, real estate owners, enterprises, and municipalities—said the move will put it closer to clients and industry partners. It will also place its workforce closer to ExteNet’s largest density of owned and managed networks.
CEO: Frisco offers ‘a terrific work-life balance’
“We want to bring back the feeling of community and foster a greater sense of belonging for our team,” Richard Coyle, president and CEO at ExteNet, said in a statement. “This is an opportunity to reimagine our future, a shift towards a more communicative and transparent culture that strives to succeed together. The city of Frisco offers employees a terrific work-life balance and places us closer to many of our closest partners and clients.”
Frisco HQ to house about 150 employees
ExteNet expects the move to be completed by Q1 next year. Its new headquarters will house around 150 workers who’ll be focused on “deploying and managing ground-to-rooftop infrastructure solutions for sports, entertainment and hospitality venues as well as large enterprises, college campuses, healthcare facilities, and government municipalities across the United States,” the company said.
The Frisco headquarters will become part of ExteNet’s network of five “satellite offices” that it operates in California, Nevada, Illinois, and New Jersey.
“As a beacon of innovation with a world-class business environment, the Lone Star State is the perfect location for companies like ExteNet to flourish and unleash their full potential,” Governor Greg Abbott said in a statement. “I look forward to partnering with ExteNet as we continue keeping Texas the number one destination for technological innovation in the nation and maintaining our distinction as the best state to live, work, and raise a family.”
ExteNet expands its presence across Texas with partnerships
The announcement comes as ExteNet has been solidifying its presence across the Texas in recent weeks. Last month, the company unveiled what it called key partnerships: one with Spurs Sports & Entertainment to deploy wireless network solutions at the AT&T Center in San Antonio, the other to deploy fiber at Austin’s Circuit of the Americas Formula 1 racing facility.
The company has previously worked in Dallas, upgrading antennas at AT&T Stadium. ExteNet says it’s also providing private wireless network services at The Star in Frisco. The company has done previous work at places like Dallas’ Bank of America Plaza and the Empire State Building in New York.
Recent C-suite changes
ExteNet’s relocation comes as the company has been making recent C-suite changes. At the end of last year, the company named Coyle to the top executive position, after he’d served as interim CEO since July 2021. It followed that up in January by naming Saroosh Ahmed as its chief financial officer and in April by tapping Anithea Dorch as its new chief human resources officer.
“As a leader in secure 5G and fiber infrastructure solutions, ExteNet is a great addition to Frisco’s booming tech and innovation economy. And our residents will benefit from this growth,” Frisco Mayor Jeff Cheney said in a statement.
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