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.”

Sonny Mirborn
CEO Alcadon Group

About Fiberklaar

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.