Univastu buys UK's Cambium Networks for $5.1M as profit triples
What's the deal? Univastu IndiaDealroom has a profile for this one. Try Dealroom →, a Pune-based infrastructure contractor, has acquired UK-based Cambium NetworksDealroom has a profile for this one. Try Dealroom → for $5.1 million in cash, its first overseas deal. The purchase, completed October 12, was routed through a new wholly-owned subsidiary, Univastu UK Limited, incorporated in England and Wales.
Why now? Cambium entered UK administration, and Univastu bought it out of insolvency. Airspan had already taken other fixed-wireless product lines, making this a distressed-asset breakup rather than a conventional expansion.
What's the endgame? Univastu gains Cambium's ePMP, enterprise Wi-Fi, and switching businesses, pushing the contractor into telecom technology. The company backed its commitment with a $300,000 non-refundable deposit to secure exclusivity before signing.
The financials: Univastu reported consolidated Q2 FY27 revenue of US$20.4M, up 210% year-on-year from US$6.56M. Net profit rose 211% to US$2.11M from US$680.4K. Notably, the quarterly revenue alone tops the US$33M the company booked across all of FY26 — a gap that raises questions about how much came from acquired operations versus the existing business.
The expansion: The deal gives Univastu its first direct corporate footprint in Europe and an overseas revenue leg independent of Indian project cycles. The new subsidiary also isolates the telecom unit's liabilities from the core domestic contracting business.
What could go wrong? The pivot from civil construction into telecom is capital-intensive and outside Univastu's expertise. Overlapping cnMaestro platform arrangements, plus the need to sustain customer support and product investment, are key execution risks.
The signal: India's crowded infrastructure contracting market is pushing mid-sized builders toward technology and stressed assets to steady their workflow. For Univastu, the durability and composition of the earnings surge will matter more than the headline growth rate.
Read more: tradebrains.in
Image credit: auimeesri
