A new trend is emerging in the telecommunications industry – the adoption of private cellular networks. These dedicated cell networks are specifically configured to meet the unique requirements of a company within a confined area, such as a warehouse or wind farm. Several major vendors and startups have already entered this market, providing private cellular network services.
Why Private Cellular Networks Are Gaining Popularity
Several factors contribute to the growing demand for private cellular networks:
- Increased range: Private cellular networks offer longer ranges compared to Wi-Fi alternatives, making them ideal for companies with operations spanning over significant distances.
- Improved connectivity: These networks provide reliable and high-speed connectivity, essential for companies that rely on real-time data transmission.
Major Vendors and Startups in the Market
Several major vendors have already entered the private cellular network market:
- AT&T: One of the largest telecommunications providers in the United States.
- T-Mobile: Another prominent player in the US market, offering a range of wireless services.
- Celona: A startup providing private LTE/5G networks for enterprises.
- Anterix: A company specializing in private LTE networks for various industries.
- Airspan Networks: A global provider of wireless broadband solutions.
New Ventures Challenging Incumbents
Despite the presence of major vendors, new ventures have emerged to challenge them:
- Expeto: A startup developing a platform that allows corporate customers to extend their private networks via virtually any type of cellular connectivity.
- SeeExpeto: Another company providing similar services, with a focus on enterprise customers.
Investor Appetite for Upstarts in the Market
Expeto has received significant funding from investors:
- $15 million in Series A funding: From investors such as Salesforce Ventures and SRI Capital.
- Additional investments: From companies like Qualcomm Ventures and others.
Why Investors Are Betting on Expeto
Investors believe that Expeto’s platform simplifies enterprise networking over private and public mobile networks, making it an attractive option for companies looking to streamline their operations.
- Simplification of network management: Expeto’s cloud-based platform enables hybrid private mobile networks, reducing the complexities associated with network slices.
- Customization: The company’s solution allows for customization of network slices to meet service-level agreements (SLAs) for emerging connected applications.
The Future of Private Cellular Networks
As more companies adopt private cellular networks, it is clear that this market will continue to grow in the coming years. With its innovative platform and strategic investments, Expeto is well-positioned to capitalize on this trend and become a leader in the industry.
