Nokia sells Enterprise Campus Edge business to Aurelius

Finland-based telecom company Nokia announced on Tuesday that it has reached an agreement to sell its Enterprise Campus Edge (ECE) business to private equity firm Aurelius. The deal, expected to be finalized in the first half of 2027, comes without a disclosed price. Nokia's statement emphasized that this transaction aligns with the company's strategy to focus its resources on areas likely to generate the most significant long-term value.

The ECE business provides private wireless services to around 900 customers across various sectors like manufacturing, mining, logistics, airports, ports, and power generation globally. According to Nokia, ECE will gain from increased independence and a strategic focus once the sale is completed.