By : Reuters October 13, 2026 | 12:02 IST Published On Oct 13, 2026 | 12:02 IST
Nokia has agreed to sell its Enterprise Campus Edge business, which provides private wireless services to about 900 global customers, to private equity firm Aurelius. The transaction is expected to close in the first half of 2027 without financial terms disclosed.
Finland’s Nokia said on Tuesday it has agreed to sell its Enterprise Campus Edge (ECE) business to private equity group Aurelius.
The deal is expected to close in the first half of 2027, Nokia said in a statement, without revealing the price.
"This planned transaction supports Nokia’s strategy to sharpen its portfolio and direct capital and resources to the areas where it can create the greatest long-term value,” it said.
ECE operates private wireless services for nearly 900 customers in manufacturing, mining, logistics, airports, ports and power generation worldwide.
ECE is expected to benefit from greater independence and a dedicated strategic focus, Nokia added.
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