Cellnex Acquires 100% of Edzcom Shares
The emergence of so-called specialized network operators, which devote their spectrum assets to provide private cellular connectivity exclusively to enterprises, continues to shake up the telco market and attract interest from large network operators as well as infrastructure vendors. The most recent example of this is the Finish start-up Edzcom (previously known as Ukkoverkot), which announced it was acquired by Cellnex (one of the leading operators of wireless telecommunications infrastructure in Europe) at the end of July 2020.
As part of this deal, Cellnex will acquire 100% of the shares of Ukkoverkot Oy (Edzcom’s parent company). Even under Cellnex’s roof, Edzcom will continue to operate under its own brand name to executive its own business strategy.
While ABI Research does not necessarily comment on every single acquisition, it is interesting to understand the implications and effects this recent take...
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