Boldyn Networks has agreed to acquire Cellnex's private networks business unit to accelerate its 5G private network ambitions.
A big part of the acquisition is EDZCOM. This Finnish provider designs builds, and operates private 4G and 5G networks, predominantly for industrial clients in manufacturing, ports, oil and gas, energy generation, and mining.
As the largest independent provider of private network solutions, EDZCOM brings experience from +50 implementations in Finland, France, Germany, Spain, Sweden and the UK for large enterprises. By acquiring EDZCOM, Boldyn further increases its neutral host capabilities.
"Boldyn Networks is leading the way in bringing private networks to our customers so that they can meet all their operational and connectivity challenges,” said Igor Leprince, Group CEO of Boldyn Networks. "EDZCOM's team capabilities, impeccable reputation and recognized expertise are an important addition to our team to capture the potential of this market across continents. From venues and wind farms to ports and manufacturing sites, we are building upon being the partner of choice for 5G private and converged network infrastructure projects."
Boldyn Networks continues to gain a presence in the private wireless networks market in Europe and the US.
The company provides solutions for Moray East, a wind farm supplying power to approximately 1 million homes in Scotland. In the US, Boldyn supports the private and converged networks 5G infrastructure at the Cowtown Coliseum and a CBRS private network for enhanced operation and touchless enhancements for visitors at the Dignity Health Sports Park.
A growing opportunity
As more companies and industries adopt private networks, EDZCOM's mobile private network solutions offer wireless connectivity for enterprise automation, robotics, and real-time remote control and monitoring. This helps unlock productivity and growth and provides continuity and security for business-critical operations.
By making this acquisition, Boldyn can capture its full potential with the additional expertise and geographical coverage that EDZCOM provides.
A recent GSMA report revealed that 5G private networks represent an estimated $109.4 billion opportunity by 2030.
Private wireless networks offer various benefits for an industrial operator or enterprise, including ultra-low latency, privacy, security and aggregation of high-bandwidth data, while modernizing the manufacturing lines by enabling them to share equipment, mobile robots and Automated Guided Vehicles (AGVs) at different times.
“Without cellular wireless connectivity, a device needs to be connected with a long Ethernet cable, making it difficult to move it across the manufacturing floor,” the GSMA said in its Private 5G Industrial Networks study. “Another advantage of a private network is that the data plane of the 5G system can be on-site, so customer data need never leave the industrial owner’s premises.”
Expanding European reach
Another critical element of Boldyn’s acquisition of Cellnex’s EDZCOM unit is enhancing its European presence.
Boldyn Networks will immediately expand in several European countries, including Finland, Spain, Germany, Sweden and France, as new markets for the company and further expansion in the UK and Ireland.
The company has already established its presence in the UK, Ireland and Italy, providing connectivity for critical verticals. Its 20-year agreement with Transport for London represents a milestone in its connected transport strategy. Boldyn's 5G multi-carrier wireless network in the first direct arena in Leeds and the iconic Olympia landmark in London are examples of the company's investment in connected venues.
Also, Boldyn's collaboration with Sunderland City for its 5G connectivity project is a testament to its focus on building interconnected cities. The company will now be better equipped to provide existing customers with private network solutions in Europe and the U.S.
"Cellnex has enabled us to expand from the Nordics to the largest countries in Europe,” said Mikko Uusitalo, CEO of Edzcom.“Boldyn is a great company that is now acquiring a strong, senior team with experiences from over 50 deployments across the UK and Europe.”
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