Fujitsu Network Communications Acquires TrueNet Communications Signaling New Opportunities for Growth
Jacksonville, Florida (May 10, 2016) – Fujitsu reports that their North American subsidiary, Fujitsu Network Communications (FNC), has purchased TrueNet Communications. Fujitsu, a Tokyo-based information and communication technology (ICT) company, is the world’s fifth-largest IT services provider (measured by IT services revenue).
The combination of TrueNet Communications’ outside plant (OSP) expertise with FNC`s inside plant (ISP) experience enables the company to provide end-to-end services for designing, building, operating, and maintaining fiber and wireless broadband communications networks.
“TrueNet`s OSP capabilities are an ideal complement to Fujitsu’s portfolio, creating a total broadband solution provider,” said Greg Manganello, Senior Vice President and Head of Services at FNC.
“With this ISP/OSP design control and single point of responsibility, Fujitsu can ensure a seamless, integrated broadband network and minimize project risk,” Manganello added. “As a result of this acquisition, whether customers select individual services or an end-to-end solution, we can now help them realize their visions faster.”
Minoru Sakata, FNC’s President and CEO, said, “TrueNet also brings to FNC a well-established brand and highly regarded reputation in the market, a strong customer base, far-reaching scalable operations, and solid financials with positive growth.” He continued, “Now we can capitalize on new growth opportunities in the rapidly expanding broadband market.”
Established in 1985, TrueNet Communications currently has approximately 360 employees and primarily serves the North American and Caribbean regions.
About TrueNet Communications
TrueNet Communications is a leading provider of communications infrastructure planning, engineering and design, implementation, and technical support services to the wireline, wireless, and enterprise markets throughout North America and the Caribbean. TrueNet is headquartered in Jacksonville, Florida. For additional information, please visit