Crestone Services Group Acquires Trace, LLC

Reading time ( words)

Crestone Services Group, LLC, is pleased to announce the acquisition of Trace, LLC.

Trace is a telecom infrastructure provider building the next generation wireless network. The company combines 5G fiber installation with ongoing maintenance for the nation's leading wireless carriers. In recent years, the increasing demand for bandwidth has led to Trace's significant growth. The company has completed projects across the country and built a solid reputation with fiber infrastructure owners. Following the merger, Trace will become part of A to Z Field Services, a subsidiary of Crestone, and continue to be led by Jimmy Dixon its founder.

"This is a terrific acquisition for Crestone. It expands our wireline capabilities by adding incremental underground, splicing, and aerial crews. We are also thrilled with the addition of Jimmy Dixon to our leadership team. Jimmy is a talented operator and adds technical skills that improve our end-to-end value proposition," said Rick Barrett, CEO of Crestone Services Group.

Jimmy Dixon, President of Trace stated, "My team and I are excited to join Crestone. We see this as an opportunity to accelerate growth while continuing to serve our longstanding customers." Dixon added, "I have a great relationship with Rick and the rest of the team and look forward to working alongside them and contributing to Crestone's overall success."



Suggested Items

Kirigami Inspires New Method for Wearable Sensors

10/22/2019 | University of Illinois
As wearable sensors become more prevalent, the need for a material resistant to damage from the stress and strains of the human body’s natural movement becomes ever more crucial. To that end, researchers at the University of Illinois at Urbana-Champaign have developed a method of adopting kirigami architectures to help materials become more strain tolerant and more adaptable to movement.

Researchers Selected to Develop Novel Approaches to Lifelong Machine Learning

05/07/2018 | DARPA
Machine learning (ML) and artificial intelligence (AI) systems have significantly advanced in recent years. However, they are currently limited to executing only those tasks they are specifically designed to perform and are unable to adapt when encountering situations outside their programming or training.

Engineers Receive $22.8 Million from DOD for Cross-Disciplinary Projects

07/19/2016 | University of Texas at Austin
Three researchers in the Cockrell School of Engineering at The University of Texas at Austin have been selected by the Department of Defense to lead Multidisciplinary University Research Initiative (MURI) projects, receiving grants totaling $22.8 million to help advance innovative technologies in energy, computing and nanoelectronics.

Copyright © 2021 I-Connect007. All rights reserved.