Stronghold Invest and Niam invests in Proptivity to enable high-performance 5G networks for real estate
09 June 2022
Proptivity offers real estate owners and tenants high-performance 5G indoor networks. The networks are neutral meaning that all operators can join and that mobile users, regardless of operator, have access to high-performance 5G coverage indoors – what Proptivity calls Gigabit 5G.
As 80 percent of mobile data use today takes place indoors, it is critical for tenants to have access to good mobile coverage. In addition, mobile data consumption is expected to triple over the next five years as a result of the digitalisation, which will place increased demands on mobile coverage indoors. Until now, mobile indoor coverage has been handled through telecom operators' outdoor networks, which often leads to inadequate indoor coverage. 5G also has even higher frequencies than 4G and 3G, which enables more and faster data but results in a shorter range. As we now move from 4G to 5G, the challenges of indoor coverage will become more and more apparent. Through Proptivity, real estate owners can now offer their tenants and visitors high-performance 5G coverage indoors in a cost-effective and resource-efficient way.
“All digitalisation, regardless of industry, is ultimately based on connectivity. A high-performance 5G service indoors is thus critical for all innovation that takes place in the building. With Proptivity’s Gigabit 5G solution, tenants and visitors will have access to the fastest connection speeds available on the market in secure and extremely stable networks”, says Urban Edenström, founder and Chairman of Stronghold Invest.
“Sweden needs leading digital infrastructure and 5G is central to achieving this. An efficient and rapid expansion of high-performance 5G networks indoors requires an independent player that gives all players the opportunity to collaborate. We are therefore very pleased to be able to contribute to the development through our investment in Proptivity”, says Sverker Åkerblom, CEO of Niam Infrastructure.
"We offer future-proof 5G infrastructure and take responsibility for everything from planning and installation to daily operation of high-performance 5G networks. Our networks will be a catalyst in the digital transition that 5G enables where both operators and real estate owners will be able to retain and develop their respective core businesses to end customers. We see a great need for our offering and are investing in becoming the leading player in the Nordic and Baltic countries, with a related investment of SEK 3 billion in Gigabit 5G networks within 5 years”, says Mikael Lundman, CEO of Proptivity.
Read more at: https://www.proptivity.com/
För ytterligare information kontakta:
Daniel Kraft, Head of Digital Investments & Transformation
daniel.kraft@stronghold.se, mobile: +46 708 24 40 14