Alcadon signs agreement with Deutsche Glasfaser, a leading German provider of FTTH, concerning delivery of products for the FTTH roll-out in Germany with an estimated value of EUR 20 mill per year
Alcadon has through its German Subsidiary Alcadon Gmbh signed a 3 + 1 year contract for delivery of fiber optic materials for the FTTH (Fiber-To-The-Home) build out with Deutsche Glasfaser. It includes deliveries to all contractors for the expansion the FTTH network. The deliveries will commence December 2021. The estimated value of the contract with Deutsche Glasfaser is Euro 20 mill per year.
Company group Deutsche Glasfaser
The Deutsche Glasfaser group of companies plans, builds and operates mainly provider-open direct fibre optic connections for private households and companies. It is committed to providing broadband to rural regions throughout Germany on a private sector basis. Using innovative planning and construction methods, Deutsche Glasfaser implements FTTH network connections quickly and cost-efficiently in close cooperation with local authorities – also within the framework of existing funding programs for nationwide broadband expansion. In 2020, the experienced fibre optic investors EQT and OMERS as owners founded the group of companies by merging the network providers inexio and Deutsche Glasfaser.
“It is with great pleasure that we can conclude that Alcadon’s offering in the German market is considered to be competitive by one of the leading players in Germany. Alcadon has, through 6X International and Alcadon GmbH, in a short time managed to build up a significant presence and a very good reputation in Germany within FTTx. Alcadon Group is now making efforts to scale up its presence significantly in Germany in the coming years.”
Says Sonny Mirborn, CEO of Alcadon Group
Stockholm, August 2021
This disclosure contains information that Alcadon Group AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 11-08-2021 18:18 CET.
For more information, please contact:
Alcadon Group AB
Sonny Mirborn, CEO
Mobil: +46 70 639 50 92
Certified Adviser: Svensk Kapitalmarknadsgranskning AB
Phone number: +46 11 323 07 32
About Alcadon Group AB
Alcadon conducts operations in Sweden, Norway, Denmark and Germany. Since its inception in 1988, Alcadon has established itself as a leading supplier of data and telecommunications products in the Nordics AB AB currently has offices in Stockholm, Malmö, Gothenburg and Örebro. The subsidiary Alcadon AS has offices in Oslo, Sandefjord, Hamar, Bergen and Mosjoen in Norway. In addition, Alcadon is represented in Denmark by its Danish subsidiary Alcadon ApS and in Germany by Alcadon GmbH. The company also has sales representatives in Finland.
Alcadon Group AB (publ), 559009-2382, Segelbåtsvägen 7, 112 64 Stockholm, Sweden Tel: +46 8-657 36 00 E-mail email@example.com web: www.alcadongroup.se