Nokia to sell Enterprise Campus Edge private 5G unit to Aurelius

Nokia has agreed to sell its Enterprise Campus Edge (ECE) business, which houses most of its private 4G/5G activity, to Munich-based private equity firm Aurelius. The deal is expected to close in the first half of 2027; financial terms were not disclosed. ECE has nearly 900 customers in manufacturing, mining, logistics, ports and power generation.

• Deal with Aurelius expected to close in H1 2027, terms undisclosed
• ECE serves nearly 900 enterprise customers in industry and logistics
• Portfolio includes DAC and MXIE systems, devices and software
• Private cellular spending to rise from $2.8bn in 2026 to $6.6bn by 2029