Boldyn Networks Closes Acquisition Of Cellnex's Private Networks Business

By Author: Orson Amiri
Total Articles: 395
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Boldyn Networks has finalized its acquisition of Cellnex's private networks business unit, primarily incorporating Edzcom, a leading Finnish company specializing in designing, constructing, and managing private 4G and 5G networks for various industries across Europe. This strategic move enhances Boldyn's position as a prominent player in the expanding private networks market, broadening its wireless solutions portfolio. The acquisition encompasses over 50 private network deployments in key European countries, facilitating Industry 4.0 innovation by seamlessly connecting assets, personnel, and equipment for enhanced agility, sustainability, and safety.

Boldyn's Group CEO, Igor Leprince, emphasized the company's commitment to revolutionizing wireless networks for public, hybrid, and private applications, accentuating its role as a preferred neutral host partner. The integration of Cellnex's private networks business unit bolsters Boldyn's capabilities in deploying intricate network infrastructures across diverse environments, from heavy industrial facilities to city-wide networks and large venues. Additionally, Mikko Uusitalo, ...
... CEO of Edzcom, expressed enthusiasm about joining Boldyn Networks, foreseeing enhanced innovation opportunities and market expansion amidst the rapidly growing private networks sector.

Justin Berger, Group CSO for Boldyn, highlighted the significance of bespoke private networks in enabling advanced 5G use cases, such as enterprise automation, robotics, surveillance, IoT, and employee safety solutions. The acquisition positions Boldyn to develop cutting-edge 5G applications that drive efficiency and productivity across various industries, fostering real-time network control and monitoring capabilities for customers. Cellnex's private networks business unit, now integrated into Boldyn's Group Strategy team, signifies a strategic alignment aimed at delivering premium connectivity solutions to power industrial transformation and propel the adoption of secure, high-performance private networks in dynamic environments.

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