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MGM RESORTS INTERNATIONAL

(MGM)
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Real-time Estimate Cboe BZX  -  11:01 2022-12-01 am EST
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ExteNet Systems and MGM Resorts Announce Nationwide Connectivity Partnership

09/28/2022 | 08:02am EST

Collaboration Marks Largest In-Building Cellular Enhancement Project in the United States

LISLE, Ill., Sept. 28, 2022 /PRNewswire/ -- ExteNet Systems, the leading privately held owner of secure 5G and fiber neutral host communications infrastructure solutions, today announced a groundbreaking partnership with MGM Resorts International (NYSE: MGM) to design, build and operate ExteNet's advanced in-building signal and connectivity solutions across all MGM properties throughout the United States. Through this partnership, which represents the largest in-building cellular enhancement project in the United States, MGM properties will offer guests unparalleled mobile connectivity with next-generation wireless infrastructure. In line with its world-famous accommodations, entertainment, restaurants, and casinos. Renowned as Las Vegas' premier casino resort operator, MGM's expanded 5G service will support connectivity for nearly 200,000 visitors daily while eliminating dead zones and increasing reliable access to apps, maps, and other high-tech capabilities that complement MGM's exemplary service standards.

 ExteNet Systems to design, build and operate signal and connectivity solutions for MGM Resorts US-wide.

"ExteNet is looking toward an aggressive deployment schedule for MGM properties as we embark on the largest neutral host project in the country," said Rich Coyle, ExteNet Systems Chief Executive Officer. "The addition of greater connectivity will further enhance MGM's world-class offerings for guests and support upcoming plans and development with future-ready solutions."

Enhancing carriers' signals under challenging areas of these vast properties is key to overall guest experience and satisfaction. Greater in-building coverage allows guests to coordinate plans more easily with travel companions, arrange dining and show reservations, access keyless check-in, navigate to their activities, and make online food and beverage orders, as well as utilize social media, text messaging, and calling without interruption.

"We're committed to elevating every guest experience as the world relies increasingly on mobile devices and applications," said Jim Kimball, MGM Resorts International Executive Director of Enterprise Collaboration. "This was at the core of our decision to partner with ExteNet. They delight in the user experience – so our properties can reliably bring better service and enrichment to our guests."

ExteNet Systems expects to bring a new state-of-the-art distributed wireless network to 25 MGM properties, consisting of 54 million square feet, more than 43,000 guest rooms, and more than 70 million visitors annually. Properties are projected to be completed between fall 2022 through fall 2024 in advance of the Formula One World Championship in November 2023 and Super Bowl LVIII in February 2024. With extensive large-scale events on the horizon throughout the country, the focus on hospitality and commercial real estate solutions are crucial.

"Across our DigitalBridge companies, working with customers is at the heart of what we do, and we are proud to work with a partner who delivers such unique and memorable experiences," said Marc Ganzi, CEO of DigitalBridge, one of ExteNet's investors. "Enhanced 5G services are a competitive differentiator for hospitality and gaming companies, and we are confident our outstanding ExteNet team has the expertise to deliver real value for MGM and improved experiences for their countless guests."

Already a leader in the Las Vegas market, ExteNet's partnership with MGM will strengthen the Company's position as a coverage and service leader in more than ten prime locations in the area. MGM's properties include entertainment venues and arenas that host some of the country's most prestigious and impressive red-carpet events. In addition, the partnership is expected to have benefits for MGM's premier online sports betting platform, BetMGM.

For more information about ExteNet Systems, visit https://ExteNetsystems.com or contact general@ExteNetsystems.com.

ExteNet Systems is the leading national provider of converged communications infrastructure and services addressing outdoor, real estate, communities, and enterprise advanced connectivity needs.

ExteNet's strategy is customer-centered, and its mission is to provide best-in-class connectivity solutions, including fiber and mobility, for its customers.

Follow ExteNet Systems on Social Media:

LinkedIn: https://www.linkedin.com/company/ExteNet-systems-llc/about/
Twitter: https://twitter.com/ExteNetSystems

MGM Resorts International (NYSE: MGM) is an S&P 500® global entertainment company with nationwide and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurants, nightlife, and retail offerings.

MGM Resorts creates immersive, iconic experiences through its suite of Las Vegas-inspired brands. The MGM Resorts portfolio encompasses 33 unique hotel and destination gaming offerings in the United States and Macau, including some of the most recognizable resort brands in the industry such as Bellagio, MGM Grand, ARIA, and Park MGM. The Company's 50/50 venture, BetMGM, LLC, offers U.S. sports betting and online gaming through market-leading brands, including BetMGM and party poker.

The Company is currently pursuing targeted expansion in Asia through the integrated resort opportunity in Japan. Through its "Focused on What Matters: Embracing Humanity and Protecting the Planet" initiative, MGM Resorts commits to creating a more sustainable future while striving to make a bigger difference in the lives of its employees, guests, and the communities where it operates. The global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE® Magazine's World's Most Admired Companies®.

For more information about MGM Resorts, please visit https://www.mgmresorts.com.

Follow MGM Resorts on Social Media:
Twitter: https://twitter.com/MGMResortsIntl
Instagram: https://www.instagram.com/mgmresortsintl/
Facebook: https://www.facebook.com/mgmresorts/

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SOURCE ExteNet Systems


ę PRNewswire 2022
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