Frisco will be the new home of telecommunications company ExteNet Systems
Illinois-based ExteNet Systems, a communications network infrastructure company, has announced that it will move its headquarters to Frisco, Texas by early 2023.
As previously covered by Local Profile, North Texas is becoming an attractive destination for companies from different industrial sectors. The decision by ExteNet Systems comes in addition to a series of companies landing in the DFW zone.
According to an official company statement, the move to the rapidly developing city of Frisco is part of a longer-term business plan to bring ExteNet to the center of the industry ecosystem. Officials hope this will bring the company closer to major industry customers and partners while bringing its employee base closer to the largest percentage of company-owned and operated networks.
Last July, ExteNet announced partnerships with Texas-based companies including Spurs Sports & Entertainment (SS&E) to provide a private wireless network to enhance SS&E’s interactive internal experience by providing a network with more capacity. , bandwidth and lower latency; they also announced an agreement with Circuit of The Americas (COTA) to deploy fiber at its 1,500-acre Formula 1 racing facility in Austin. They also provide a private wireless network for the Star District as well as the Ford Center.
“We want to bring back the sense of community and foster a greater sense of belonging for our team,” said Richard Coyle, President and CEO of ExteNet. “This is an opportunity to reimagine our future, a shift to a more communicative and transparent culture that strives to succeed together. The City of Frisco offers employees a tremendous work-life balance and brings us closer to many of our closest partners and customers.
The new 37,000 square foot headquarters will be located at Frisco Station, an award-winning 242-acre mixed-use development located at the intersection of Warren Parkway and Dallas North Tollway.
“On behalf of the Frisco City Council, I am delighted to welcome ExteNet Systems to our city and to Frisco Station,” said Frisco Mayor Jeff Cheney. “As the leader in secure 5G and fiber optic infrastructure solutions, ExteNet is a great addition to Frisco’s growing technology and innovation economy. And our residents will benefit from this growth with the creation of 110 new jobs in Frisco.