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Cegeka Why Cegeka
Trinity of Innovation

5G, Artificial Intelligence and hybrid cloud: all breakthrough technologies in and by themselves. But their real potential?

Discover the future with us
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Cegeka & Society

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Home Corporate News Corporate News Cegeka Shareholders Boosts Growth Potential for Citymesh
Corporate
1 minute reading

Cegeka Shareholders Boosts Growth Potential for Citymesh

The shareholders of the leading IT company Cegeka are giving their subsidiary, Citymesh, more room to grow and achieve their ambitious goals. Both organizations, Citymesh and Cegeka will remain under the control of Cegeka’s main shareholder and founder, André Knaepen, but the structure will change with Citymesh transitioning from a subsidiary to a sister company. This move aims to optimize growth opportunities for both Citymesh and Cegeka.

Sergio Destino

Sergio Destino

June 24, 2024

"I want to emphasize that this change is being made at the shareholder level. It has no impact on the customers and employees of Citymesh and Cegeka. Both organizations will continue to offer comprehensive, tailor-made solutions to our clients as privileged partners, with the same expertise and service they are accustomed to," explained André Knaepen, Chairman of Cegeka's Board of Directors.

Thanks to this move, Citymesh and Cegeka will gain strategic and financial flexibility, allowing them to focus on their unique business structures and specific market needs. "We believe that both companies can grow faster independently with this new structure. We are giving both Cegeka and Citymesh the opportunity to seize market opportunities while maintaining their distinct identities and at the pace necessary for success," said Knaepen.

Citymesh will continue to focus on connectivity activities, (5G) networks, drones, and telecommunications in the future.

About Citymesh

Citymesh is a preeminent Belgian technology company, serving as a pivotal solution partner for business clients with innovative challenges for nearly two decades. Established in 2006, the company specializes in offering both permanent and temporary connectivity solutions, utilizing cutting-edge Wi-Fi, 0G, 4G, and 5G technologies.

Citymesh operates across various sectors, including industry, logistics, public services, offshore markets, education, healthcare, and smart cities, and extends its services to numerous events and festivals. Following the acquisition of spectrum bands in June 2022, Citymesh has emerged as the fourth official telecom operator in Belgium, aspiring to transcend the role of a traditional telecommunications provider.

Citymesh distinguishes itself through its personalized approach and commitment to pioneering projects, such as the Safety Drone project, which leverages 5G technology to control drones that assist emergency services. As a member of the Cegeka group, Citymesh employs over 250 dedicated professionals, committed to delivering innovative solutions to their clients.

Sergio Destino

Sergio Destino

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