Tampnet AS, the leading independent communications network provider operating the largest offshore high-capacity communication network infrastructure in the North Sea and the Gulf of Mexico, announces its acquisition of dasNetz AG, a leading provider of offshore wind connectivity in the German part of the North Sea, the Baltic Sea and certain key ports and coastal areas.
The acquisition demonstrates Tampnet’s ambition to leverage its strengths, pursue its growth in offshore wind and renewables and become the leading connectivity provider for this industry segment.
“The timing of this acquisition is perfect, as it fits with our growth ambitions within renewables and the imminent upgrade to 5G. In fact, the sites in German waters may be the first sites where Tampnet deploys 5G base stations in the North Sea, as early as Q3/Q4 of this year,” said Tampnet CEO Elie Hanna.
The planned upgrade and expansion of Tampnet’s core network, together with the 5G build-out that comes with this acquisition, will add key coverage to Tampnet’s existing 250,000–300,000 square kilometers of offshore 4G coverage, which stretches across the entire North Sea, including Dutch, UK, Norwegian, Danish and now German waters. The German build-out is expected to eventually add 25,000–30,000 square kilometers of coverage and significantly increase available bandwidth, in support of the offshore industry’s digitalization efforts.
“Also, the acquisition shows how serious we are about expanding in offshore wind and renewables and becoming a leading digitalization enabler and trusted connectivity provider through the energy transition,” added Hanna.