W Home, a subsidiary of E-Pay Asia, provides broadband Internet services to premium apartment buildings or multidwelling units (MDUs). It installs high-speed ADSL connections into a concentrator at each MDU and then distributes access throughout the building using Very high data rate Digital Subscriber Line (VDSL) and Ethernet technologies.

The acquisition (for an undisclosed amount) will see BigAir take on the access agreements from W Home, which provide perpetual rights to deploy infrastructure in almost 100 MDUs. The service has already been activated in 37 of these MDUs, which includes approximately 8000 apartments across Sydney, Melbourne and the Gold Coast. BigAir is also acquiring the infrastructure used by W Home to service the customers in each building.

The deal is expected to add around A$500,000 (US$371,975) in annualized revenues to BigAir.

BigAir CEO, Jason Ashton said the W Home business model was an excellent fit with the BigAir independent high speed wireless broadband network.

"The existing W Home buildings are mostly serviced using slower ADSL and SDSL for the 'last mile' network connection into each MDU. We intend to replace these slower last mile connections with our own high speed symmetric fixed wireless connection, thus eliminating reliance on other carriers and also greatly improving the operating margins," he said.