Boldyn Networks wraps acquisition of Cellnex’s private networks unit

March 4, 2024
The purchase bolsters the provider’s position in the growing private wireless network market.

Boldyn Networks has acquired Cellnex’s private network business unit, giving the provider another weapon to target the ever-growing private cellular network market. 

A vital part of the acquisition is Edzcom. This Finnish-based company 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 acquisition positions Boldyn as a critical player in the growing private networks market and widens its portfolio of wireless solutions.

With this acquisition, Boldyn obtains a portfolio of more than 50 private network implementations in Finland, France, Germany, Spain, Sweden, and the UK for 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 this acquisition also builds on Boldyn's 5G overall strategy goals. Cellnex's private networks business unit -the Edzcom team- will become part of Boldyn's Group Strategy team as a strategic part of the company's future growth.

"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,” said Igor Leprince, Group CEO of Boldyn Networks. “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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