UK-headquartered neutral host provider Boldyn Networks, majority owned by Canada-based CPP Investments, has agreed to acquire private networks specialist Edzcom from Spanish tower company Cellnex Telecom for an undisclosed fee. The deal is for Cellnex’s entire private networks business, which mostly equates to Finland-based Edzcom. Cellnex has owned Edzcom since July 2020. The deal is expected to close in the first quarter of 2024.
Edzcom bills itself as “the largest independent provider of private networks solutions” and “European market leader” in the space. It claims 50-odd private LTE and 5G deployments in Finland, France, Germany, Spain, Sweden, and the UK in the manufacturing, ports, oil and gas, energy, and mining sectors. It has been a close partner of Nokia’s, in particular, through the early development of the private cellular market,
