Alcadon signs 5-year framework agreement with Fiberklaar in Belgium
Alcadon, through its Belgian subsidiary, Alcadon B.V, has signed a 5-year framework agreement with Fiberklaar, a network operator rolling out FTTH (Fiber-To-The-Home) in the Flanders region of Belgium, for the supply of fiber optic material in FTTH deployment. With the help of construction partners Fiberklaar has started to build an open optical fiber network for public telecommunications services in Flanders and aims to connect 1,500,000 households and small businesses before the end of 2028. Volumes under the framework agreement are approximately EUR 16 million until 2027. Material purchases require separate agreements to be signed directly with subcontractors. The projects are mainly expected to start in 2024 and will involve some inventory build-up in 2023.
“The process of our European expansion started with the acquisition of 6X International in Denmark and have proven successful. Entering the Benelux market has been a strategic priority for Alcadon Group and a market of great interest within our industry. We thank Fiberklaar for placing their trust in us.”
CEO Alcadon Group
Fiberklaar is a JV between EQT Infratructures and Proximus, the largest Belgian telecom operator, and was founded in 2021. Fiberklaar has committed to roll out a large-scale open access FTTH network that will provide fiber access to 1.5 million households and small businesses in the Flemish region of Belgium before the end of 2028. Internet service providers can offer their services to end customers via the open optical fiber network of Fiberklaar.
Stockholm, 22 February 2023
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 22-02-2023 18:17 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, Germany, the UK and Benelux. Since its inception in 1988, Alcadon has established itself as a leading supplier of data and telecommunications products and systems.
Alcadon Group AB (publ), 559009-2382, Segelbåtsvägen 7, 112 64 Stockholm, Sweden
Tel: +46 8-657 36 00, E-mail email@example.com, webb: www.alcadongroup.se