In a strategic move towards advancing its commitment to a circular economy, TXO, a prominent provider of end-to-end circular telecom network solutions, has officially acquired Lynx UK Ltd. The acquisition positions TXO as a key player in sustainable telecom networks, supporting operators worldwide in their pursuit of environmentally conscious network expansion and transformation.
Lynx UK Ltd, renowned for its expertise in network decommissioning and engineering solutions, seamlessly aligns with TXO’s global strategy. The acquisition introduces over 80 skilled specialists to TXO’s team, offering comprehensive services including turnkey decommissioning, asset management, engineering, and test and repair services. This addition enhances TXO’s existing team of over 260 telecom specialists, creating a comprehensive circular economy proposition for major global carriers across five continents.
Darren Pearce, Group CEO of TXO, expressed enthusiasm about the acquisition, stating, “The acquisition of Lynx strengthens TXO’s position as a strategic partner for operators looking to transform their networks sustainably.” He highlighted the importance of reducing carbon footprints and sustainably retiring legacy equipment in line with the circular economy principles.
The move follows TXO’s expansion into Australia earlier this year, where the company established a new hub. Darren Pearce hinted at more strategic acquisitions and partnerships in the future, thanks to the support of their private equity investor.
Lyn Pickering, CEO of Lynx, shared the excitement about joining TXO, emphasizing the shared vision for a sustainable telecom market. The combined teams anticipate driving innovation, efficiency, and sustainability on a global scale within the ever-evolving landscape of the telecoms industry.
As telecom operators strive to balance technological innovation with sustainability, TXO’s circular economy approach offers a promising solution. With end-to-end solutions covering the equipment lifecycle, TXO maximizes environmental and financial benefits, extending the lifespan of telecom networks globally.
TXO’s vision of becoming the world’s local partner for sustainable telecom networks gains momentum with the Lynx acquisition. Headquartered in the UK, TXO has a physical presence in Continental Europe, North America, South America, and Australia, reinforcing its status as a global leader in circular economy services for network operators and OEMs. The acquisition not only expands TXO’s asset management and test & repair capabilities but also scales its inventory to better serve UK and European operators, marking a significant step in their global strategy.
