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
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.