Boldyn Networks has secured a $1.2 billion debt facility in the US to bolster its enterprise-focused growth. The aim? To expand the provision of private networks, neutral-host systems, and other connectivity services to businesses across North America. This step comes almost two years after the company’s restructure under the Boldyn Networks global brand.
The capital infusion underscores investor trust in Boldyn’s strategy and the broader enterprise market for private and neutral-host 5G technologies. The financing includes senior secured credit facilities and fixed-rate notes aimed at boosting capital investment. This will enable Boldyn to enhance its market presence throughout the US.
Interesting to note is Boldyn’s acquisitive approach. They recently acquired Smart Mobile Labs in Germany and have made a series of purchases over the past year—including Mobilitie, ZenFi Networks, Transit Wireless, Signal Point Systems, and Vilicom. Furthermore, Boldyn seeks leadership in private 5G by acquiring Edzcom.
Boldyn’s US strategy targets various sectors such as ports, airports, factories, warehouses, and military bases. Their efforts extend to sports venues, educational campuses, and real estate developments throughout their global markets. The company states, “The debt financing reflects strong market confidence in Boldyn’s strategic vision.”
Boldyn’s CEO in the US, Christos Karmis, emphasizes their position in innovative connectivity. “We are navigating one of the most consequential times in wired and wireless innovation,” says Karmis. “This funding strengthens our ability to execute on our strategic vision and empowers us to meet these evolving needs with cutting-edge solutions.”