ICT company Cegeka acquires telecom operator Gridmax

11/05/2020 - 11:29 | Portfolio

ICT company Cegeka acquires Wallonia-based telecom operator Gridmax. As a provider of managed services, Gridmax has rolled out an innovative solution for mission critical connectivity services with Multi-access Edge Computing (MEC) resources. With this takeover, Cegeka takes another important step in the Industrial-Internet of Things (I-IoT), market, while gaining access to the future 5G frequency band. “Thanks to the existing network and the spectrum operated by Gridmax, we can take our first steps in the wireless telecommunications market, ahead of the roll-out of new 5G services,” says Stijn Bijnens, CEO of Cegeka. “This marks a further step in our strategy to provide a long-term response to the digital transformation needs of key sectors in the B2B market.”

The full press release can be found through this link.

Read all news