Shared network infrastructure provider Boldyn Networks has agreed to acquire the private networks business unit of wireless communications infrastructure company Cellnex, including its EDZCOM Nordic Edge Connectivity division.
Founded in Australia in 1923 under the BAI brand, Boldyn Networks has experienced organic and inorganic growth over the past two years, acquiring Mobility, Signal Point Systems and ZenFi Networks in the US, and Vilicom in Ireland and the UK. The company has multi-year agreements with TfL, New York, Toronto, Hong Kong and San Francisco to provide connectivity services on London’s transport network. A 20-year partnership with Sunderland City Council to build the UK’s most advanced smart city. The company then expanded to Italy, launching its first operations in mainland Europe.
The company is also driving the rollout of complex private networks around the world, including Moray East, a wind farm that provides electricity to around one million homes in Scotland. In the United States, other examples of private and converged network deployments by Boldin include his state-of-the-art 5G infrastructure at the legendary Cowtown Coliseum and enhanced operations and touchless capabilities for visitors at Dignity Health Sports Park. Includes CBRS private network for enhancements and more. .
EDZCOM claims to be the largest independent provider of private network services, designing, building and operating private 4G and 5G networks primarily for industrial clients in manufacturing, ports, oil and gas, energy generation and mining. Masu. We have over 50 implementations with world-class companies in Finland, France, Germany, Spain, Sweden and the UK.
Boldin said the acquisition of EDZCOM will further increase Neutral Host’s capabilities by leveraging 4G and 5G projects across manufacturing, ports, oil and gas, energy generation and mining across Europe.
The transaction is subject to customary regulatory and other consents and is expected to close in the first quarter of 2024. Explaining why this acquisition is attractive, Boldin said that EDZCOM’s mobile private network is not critical as more companies and industries are opting for private networks to seize digitalization opportunities. I pointed it out. Network services provide high-performance wireless connectivity for enterprise automation, robotics, and real-time remote control and monitoring. The company says this will unlock productivity and growth and provide continuity and security for business-critical operations.
Boldin cited a study by the mobile industry trade group GSMA that estimates that the revenue opportunity from deploying 5G private networks could reach $109.4 billion globally by 2030. It added that this will strengthen its role in the country and enable it to “unlock its full potential”. Take advantage of the additional expertise and geographic coverage provided by EDZCOM.
The move will also accelerate Boldin Networks’ expansion in Europe, particularly in the company’s new markets of Finland, Spain, Germany, Sweden and France, as well as further expansion in the UK and Ireland.
“Boldyn Networks is a pioneer in providing private networks to our customers to help them solve all their operational and connectivity challenges,” said Igor Leprince, Boldyn Networks Group CEO.
“EDZCOM’s team capabilities, impeccable reputation and recognized expertise will play a key role in our team’s ability to capture the potential of this market across continents. From power plants to ports and manufacturing sites, we are the partner of choice for 5G private and converged network infrastructure projects.”
Edzcom CEO Mikko Uusitalo said: “Cellnex has enabled us to expand from Northern Europe to the largest country in Europe. We are excited about the opportunity to continue our rapid growth under Boldyn Networks.
“Boldyn is a great company and we are acquiring a strong senior team with experience of over 50 deployments across the UK and Europe. We share the same vision and will now work as one team to create bespoke We are confident that we will continue to strengthen our market leadership in private mobile networks, expand geographically, and pursue customer excellence.”
