This bold move places neutral hosted leaders at the center of the growing private network market.
LONDON , March 1, 2024 /PRNewswire/ — Boldyn Networks (Boldyn) today announced the completion of its acquisition of the Private Networks business unit of Cellnex. This primarily includes Edzcom, the Finnish pioneer and European market leader, offering private 4G and 5G networks across manufacturing, transportation hubs, oil and gas, energy generation, and mining enterprise customers. We design, build, and operate. This bold move positions the neutral host leader as a key player in the growing private networking market and expands its portfolio of wireless solutions.
With this acquisition, Boldin will have a portfolio of more than 50 private network deployments for world-class companies in Finland, France, Germany, Spain, Sweden, and the United Kingdom. These dynamic private networks enable customers' Industry 4.0 innovation by interconnecting assets, people, and equipment in an agile, sustainable, and secure manner. The completion of this acquisition also builds on Boldin's overall 5G strategic objectives.
“At Boldyn, we are leading the way in reimagining and deploying wireless public, hybrid, and private networks to power our customers' digital transformation,” he said. Igor Leprince, Boldyn Networks Group CEO. “By bringing Cellnex's Private Networks business unit under the Boldyn umbrella, we not only gain additional expertise but also increase our ability to interconnect the most complex environments: heavy industrial facilities, transportation systems, and city-wide networks. From large venues to ports and nuclear power plants, we remain the neutral host partner of choice for our customers.”
Edzcom CEO Mikko Usitaro said: “We are excited to join Boldin Networks and further develop our cutting-edge private network expertise and services. Boldin has an impressive portfolio of neutral hosted solutions. We are disrupting the industry and giving us the opportunity to continue our journey of innovation, and as the opportunities in the private networks market grow at an accelerating pace, we are growing even stronger, always focusing on our customers and expanding into new markets. There is no question that we will continue to enter the market.”
The Edzcom team, Cellnex's private networks business unit, will become part of Boldyn's group strategy team as a strategic part of the company's future growth.
to this end, Justin Berger, Boldyn Group CSO “Cellnex’s Private Networks business unit is the perfect addition to the Boldyn family as we strive to deliver more top-level connectivity to drive industrial transformation. As with enterprise automation, so too will advanced robotics,” video surveillance, smart IoT devices operating over large areas, employee safety, Includes many other features. Private 5G networks provide secure connectivity to unlock new services and the ability for customers to control and monitor their networks in real time. ”
“We can’t wait to contribute to the development of more 5G use cases that can significantly improve efficiency and productivity across many sectors.” he added.
-end-
About Boldin Networks
Boldyn Networks is one of the world's largest neutral host providers, delivering the advanced shared network infrastructure needed for a smart, inclusive, and sustainable future. It combines the scale and expertise of seven leading companies for one purpose: unlocking the power of an interconnected future. From interconnected transportation, venues and businesses to smart cities and next-generation bespoke private networks, Boldyn is unlocking new possibilities for the way people live, work and play. Bring connectivity to the most complex environments. Our portfolio leverages fiber, advances 4G/LTE, accelerates 5G, prepares for 6G, and looks beyond the next breakthrough. Headquartered in the UK, we have global operations across North America, Europe and Asia. Boldin Networks. Let's think about tomorrow again. Let's transform today.
For more information, please visit www.boldyn.com.
About Cellnex Telecom
Efficient deployment of next-generation connectivity is essential to driving innovation and accelerating inclusive economic growth. Cellnex is an independent radio communications and broadcasting infrastructure operator that gives operators access to Europe's most extensive network of advanced telecommunications infrastructure on a joint-use basis, reducing access barriers for new operators and It helps improve services in the most remote areas.
Cellnex manages a portfolio of approximately 135,000 sites in Spain, Italy, the Netherlands, France, Switzerland, the United Kingdom, Ireland, Portugal, Austria, Denmark, Sweden and Poland, with projected deployments to 2030. Cellnex's business is organized into four main areas: Solutions for audiovisual broadcast networks, security and emergency services networks, smart urban infrastructure and service management.
The company is listed on the continuous market of the Spanish Stock Exchange and is part of the selected IBEX 35 and EuroStoxx 100 indices. It is also included in major sustainability indices such as DJSI, CDP, Sustainalytics, FTSE4Good and MSCI.
For more information: http://www.cellnex.com/
Media inquiries: boldyn@ccgrouppr.com
Source Boldin Networks
