Boldyn Networks agrees to acquire Apogee Telecom and expands connectivity services to U.S. higher education

Our combined expertise and experience provides higher education institutions with a complete portfolio of wireless and fiber connectivity solutions.

Ensure you can meet the ever-growing data demands of students and governments.

London, March 6, 2024 /PRNewswire/ — Boldyn Networks (Boldyn), one of the largest shared network infrastructure providers in the United States and the world, acquires Apogee Telecom (Apogee), a leading provider of on-campus connectivity infrastructure in the U.S. higher education industry. We agreed to do so. . This expands Boldin's footprint and capabilities in the field of education, contributing to its rapid growth as a powerhouse in the United States.

Apogee provides wireless residential campus networks for students, faculty, and staff, as well as managed campus network and technology solutions, fiber infrastructure as a service, and video services. It serves more than 350 customers and accounts for the majority of outsourced campus residential infrastructure connections in the United States.

With students using an average of seven connected devices and the growing use of cloud services, AI, AR, VR, and gaming, the demand for high-speed, low-latency connectivity in universities is rapidly increasing. I am. This represents a significant growth opportunity as universities seek to provide the highest quality wireless services to their students through outsourcing to trusted technology partners. As the largest provider of connected infrastructure and managed technology services for higher education, Apogee accelerates universities' ability to excel in today's digital learning environments.

Through this agreement, Apogee customers will have access to Boldyn's expanded wireless capabilities. Boldin has already invested billions of dollars to improve connectivity across the country. The combination of the two services brings together Bouldin's complete portfolio of small cells, fiber, DAS, macro sites, smart cities, and private networks to support larger, scalable wireless infrastructure projects and the growth of the higher education sector. Financial support is available to support.

“As the demand for managed connectivity services continues to grow, U.S. higher education connectivity is very attractive to us. It is also an attractive expansion into this space for Boldin and supports our ambitious growth strategy. It is very complementary.” Igor LeprinceBoldin Networks Group CEO. “Apogee has a highly experienced management team with a strong reputation in the industry, providing our higher education customers with our complete portfolio and navigating the complex technology evolution and opportunities that come with it. There are endless opportunities to bring this model to other regions while helping the Apogee community grow. I look forward to working with the Apogee team to accelerate its exciting growth story.”

“Apogee is on a mission to provide universities and students with the on-campus connectivity they need to adapt to the changing and competitive demands of the future workforce. We have specialized in this space for the past 25 years. “We have been working hard to develop this business. There is great potential for growth.” Scott DrososApogee CEO. “We are confident that the combination of Apogee and Boldyn will continue to meet the evolving connectivity needs of universities for the next 25 years.”

“Today's college students and faculty have the highest expectations for always-on, high-speed, low-latency wireless connectivity on campus, and Apogee has clearly positioned itself as the leading provider of connectivity to universities. Boldyn will continue to serve Apogee “and has earned its reputation as the partner of choice for this important customer.'' Christos KarmisUS CEO of Boldin Networks. “As well as providing connectivity to the nation's biggest cities and venues, we are now leveraging Boldin's global expertise and innovation in one of the most relevant areas for creating an interconnected future. We are bringing this to you.”

Scott DrososApogee CEO “We are very excited to join Boldin. Joining Boldin Networks means Apogee has a long history of serving and delighting higher education customers. , we are pleased that Boldyn shares similar values ​​and look forward to continued great service, and this agreement strengthens our mutual commitment to innovation and customer satisfaction.”

This acquisition strengthens Boldin Networks' increasingly important role in improving people's lives by increasing connectivity in the nation's top industries and major cities.

The transaction is subject to customary regulatory consent. It is scheduled to close in the second quarter of 2024.

Boldyn Networks received the following advice: bank street group and Latham & Watkins. Houlihan Lokey served as his Apogee financial advisor.

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. The head office is located in England Our global reach North America, Europeand Asia. Boldin Networks. Let's think about tomorrow again. Let's transform today.

For more information, please visit www.boldyn.com.

about Apogee Telecom

was established in austin Founded in 1999, Apogee is a leading provider of managed technology services that enable universities to innovate, enrich the campus experience, and empower students. Uniquely positioned to serve higher education, his Apogee supports his community of more than 1 million students and administrators at more than 350 universities nationwide. The company's comprehensive portfolio includes Managed Campus (networking, managed IT, cloud, and security services), ResNet (residential networking), Campus Engagement, Digital Signage, and Video Services.

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Source Boldin Networks