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Current Portfolio

Arium Networks

North America’s leading outdoor small cell platform

Owner and operator of outdoor small cell solutions, providing wireless carriers with critical capacity solutions and enabling wireless connectivity

Key Facts
Sector

Digital

Country

United States

Fund

EQT Active Core Infrastructure I

Entry

2026

EQT Responsible Advisor

Nirav Shah

Arium Networks logo

About Arium Networks

Arium Networks started in 2003 as the small cell business segment of Crown Castle, a U.S.-based TowerCo. Since launching, Arium Networks has grown into a leading outdoor small cell platform specializing in turnkey small cell solutions, providing connectivity, capacity, and densification to the largest U.S. mobile network operators. Small cells are compact devices typically attached to existing urban infrastructure, providing capacity for high demand areas where macro cells or towers are not feasible. The Company benefits from long-term contract visibility with investment-grade carrier tenants and serves an integral part of mobile network operator infrastructure. Combined with unique access to an extensive fiber network, Arium Networks is well positioned continue supporting its carrier customers through additional small cell deployments.

Market trends and drivers

Mobile networks have largely completed their 5G coverage buildout, shifting carrier priorities from broad coverage to capacity densification in high-demand areas – a transition that macro towers cannot address alone. As data consumption continues to grow, small cells become the essential tool to meet that demand economically. Arium Networks sits at the center of this shift, providing the turnkey outdoor small cell infrastructure that enables carriers to densify networks in urban environments, delivering more reliable and higher-capacity connectivity that underpins economic activity, remote work, and digital inclusion.

Board of directors

Chairperson

Marni Walden

Board member

Gerard Ainsztein

board member

William Hogg

Board member

Timothy Blitz

Management

CEO

Laurent Therivel

CFO

John Townsend

Investment potential

EQT will support Arium Networks through an active, long-term ownership approach focused on leveraging the Company’s geographic diversity, expertise, and carrier relationships to drive growth. Key focus areas include maintaining strong contract renewal dynamics and realizing recurring revenue step-ups through carrier-led technology updates. EQT will also capitalize on existing EQT portfolio company fiber networks to drive deployment growth and enable customer densification strategies.

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