GlobalConnect reaches milestone as its fiber network passes 100,000 km across Northern Europe
GlobalConnect’s fully owned interconnected fiber network has reached 100,000 km, covering the Nordics and northern Germany. With this, GlobalConnect continues to future-proof the Nordics as an arena for global tech investments and cements its position as one of the leading digital infrastructure providers in the region, catering to enterprises as well as private consumers Only in Q1, its footprint expanded with 6,8%, including assets from the acquisition of Telenor SE communication operator Open Universe.
GlobalConnect continues its rapid acceleration of digitizing Northern Europe. With the ongoing deployment of the mega capacity fiber cable from Luleå to Berlin and with more than 2500 km of new fiber optics put in the ground during this year’s first quarter, GlobalConnect’s 100,000 km fiber is the largest fully owned interconnected network in the region. In addition, GlobalConnect also has 50,000 km leased lines. With an ongoing expansion, and the acquisition of Open Universe completed, more regions across the Nordics are being offered the benefits of high-capacity connectivity services. As a result, the group’s FTTH (fiber-to-the-home) customer base now amounts to 650,000, which is a 54% increase compared to Q4 2021.
“Today marks a great milestone for GlobalConnect. It’s the result of our ever-continuing efforts to digitize our region, which we have been perusing the last twenty years. We are daily out in the field deploying new fiber optics in the ground, connecting society with services and infrastructure that will last for generations. In Q1, we continued to leverage the strong momentum we had from 2021, expanding our fiber network in Sweden, Norway and Denmark, as well as in our newer market Germany”, says Martin Lippert, CEO GlobalConnect Group.
GlobalConnect in numbers, Q1 2022 vs Q4 2021
Total fiber: ~100 000 km (+6,8%) owned fiber and ~50 000 km leased lines.
Homes connected: ~650 000 (+54%) including Open Universe
Datacenters: ~33 000 sqm
100,000 km fiber consists of the amount of trenched fiber, fully owned by GlobalConnect in Sweden, Norway, Denmark, Germany and Finland. It does not include leased lines.
Contact:
Kamran Alemdar
Group CMO, Marketing & Communications
kamran.alemdar@globalconnect.se
About GlobalConnect Group
GlobalConnect Group is one of the leading digital infrastructure and data communication providers in Northern Europe. The Group delivers end-to-end solutions across its own infrastructure consisting of 100,000 kilometers fiber network and 33,000 sqm data center space in Denmark, Norway, Sweden, Germany and Finland. GlobalConnect Group employs approximately 1,700 people, has 30,000 B2B customers and connects more than 650,000 private households with a high-capacity fiber network. GlobalConnect Group is the result of 2019 and 2020 mergers between Broadnet, GlobalConnect and IP-Only. In the B2C segment, the group operates under the brands IP-Only, HomeNet and Onefiber, while operating as GlobalConnect in the B2B segment across all its markets. GlobalConnect Group is owned by global investment organization EQT, one of Europe’s largest infrastructure investors.
