GlobalConnect Sweden acquires leading communications operator and fiber assets from Telenor Sweden – rapidly growing existing business area and its FTTH footprint
GlobalConnect Sweden has reached an agreement with Telenor Sweden, to acquire communications operator Open Universe and Telenor Sweden’s SDU fiber assets. The acquisition includes approximately 200,000 connected homes on Open Universe’s platform and 14,000 connected homes in Telenor Sweden’s SDU fiber infrastructure. The transaction supports GlobalConnect’s ambitions to bridge digital divide and promote social inclusion across Sweden. The purchase price amounts to SEK 3 billion.GlobalConnect Sweden will continue to build on Open Universe’s robust platform and business model, keeping the