MW Group conducts strategic acquisition of Third Generation Network Services (3GNS) AB
July 5, 2021
The Nordic company group – MW Group continues its growth journey by acquiring Third Generation Network Services (3GNS) AB and integrating it into the business unit MW Field Services. The acquisition is a part of the company’s expansion strategy to in practice, take responsibility for developing, building, and ensuring the operation of socially critical functions in the Nordic region.
MW Group is a modern Nordic defence and security group, whose mission is to contribute to a stronger society by supplying innovative and effective service solutions for socially critical functions. 3GNS is a Swedish company based in Kista, Stockholm. The company has substantial experience and is highly skilled within installation, service and maintenance in telecommunications and the operation of data centres. 3GNS has framework agreements with several major telecommunications operators and system suppliers concerning the 5G expansion in the Nordics.
– We are proud to acquire 3GNS. Expansion of the 5G networks is one the Nordic region’s most important and most critical infrastructure projects. We want to be at the forefront so that the community can seize the opportunities new technology offers our open, internationalised, and digital societies, while at the same time helping to minimise the security risks associated with it. Thus, allowing us to help ensure a more secure society in a much more practical way,” comments Mikael Karlsson, CEO of MW Group.
– With 3GNS’ base of stable customer relationships, skilled employees, and longstanding experience, together with MW Group’s expertise and staffing capacity, we will be able to accelerate the development of our customer offering. I look forward to being able to continue working at MW Field Services in the long-term and continuing to develop together with our current and future customers, states Asad Babaei, founder of Third Generation Network Services (3GNS) AB.
Through the acquisition, MW Field Services will be extended to include the fields of Telecommunications, Power, and Infrastructure.
– In addition to supplying volume deliveries for technical expansion, we also specialise in tasks involving higher levels of security in all aspects of the delivery. We see an increased demand for security and solid information management in service deliveries. The introduction of 5G will further accelerate this as the technology is designed to enable new uses, for example, within the automotive industry, logistics and smart cities. By acquiring 3GNS, MW Group assumes a leading market position, where we combine efficiency and quality with a high level of security. I look forward to work together with 3GNS’ former owner Asad Babaei and the highly competent team at 3GNS, comments Michael Yngvesson, Business Unit Manager at MW Field Services
For more information or interviews, please contact:
Erik Balod, Head of Business Development, MW Group
+46 72-309 03 35 or firstname.lastname@example.org