In a surprising shift, Cellnex decides to offload its private networks niche to Boldyn Networks, refocusing its operations back to its base business of towers. This comes despite previously earmarking the private networks sector as critical for growth and the Superlative successes recorded by Edzcom, the Finnish-based firm that designs and runs 4G and 5G networks. This transition aims to trim the company’s debt. In contrast, Boldyn Networks is ready to capitalize on the promising growth in 5G private networks, projected to hit $109.4 billion by 2030.
At the Future Enterprise Networks event, experts discussed challenges of 5G private network adoption, emphasizing security benefits and market infancy. Strategies to expand usage to SMEs and overcoming obstacles like education and cost were also highlighted.