Boldyn Networks closes acquisition of Cellnex's private networks business

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Boldyn Networks closes acquisition of Cellnex's private networks business

London, UK – Boldyn Networks (Boldyn) today announced the close of its acquisition of Cellnex's private networks business unit. This largely includes Edzcom, a Finnish pioneer and European market leader that designs, builds, and operates private 4G and 5G networks across enterprise customers in the manufacturing, transport hubs, oil and gas, energy generation, and mining industries. This bold move positions the neutral host leader as a key player in the growing private networks market and widens its portfolio of wireless solutions.

With this acquisition, Boldyn is obtaining a portfolio of more than 50 private networks implementations in Finland, France, Germany, Spain, Sweden, and the UK for world-class enterprises. These dynamic private networks enable industry 4.0 innovation for customers by interconnecting assets, people, and equipment in an agile, sustainable, and safe way. Closing of this acquisition also builds on Boldyn's 5G overall strategy goals.

"At Boldyn, we're leading the way in reimagining and deploying the wireless public, hybrid and private networks underpinning our customers' digital transformations," said Igor Leprince, Group CEO of Boldyn Networks. "By bringing Cellnex's private networks business unit under the Boldyn umbrella, not only are we acquiring additional expertise, but growing our capability to interconnect the most complex environments. From heavy industry facilities, transport systems, city-wide networks and large venues to ports and nuclear power plants, we continue to be the neutral host partner of choice for our customers."

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