Cellnex U-turns on private 5G with Edzcom sale

Cellnex has agreed to sell its private networks business unit to Boldyn Networks, essentially pulling out of a market that it targeted as a key growth area just a couple of years ago.
The passive infrastructure specialist is offloading the business to Boldyn Networks, a growing presence in the neutral host space. The firms did not disclose the size of the transaction, but said that, pending regulatory approvals and so forth, they expect it to close in the first quarter of next year.
The private