GlobalConnect divests its B2C business in Germany
The company will focus on B2C in the Nordics and B2B in Germany, transferring residential FTTH customers to NordConnect GmbH.
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Nordic telecommunications network provider
globalconnect.dkLast updated
In short: GlobalConnect initiated a leadership transition, divested its German B2C unit, and invested in major fiber and subsea cable infrastructure projects.
The company will focus on B2C in the Nordics and B2B in Germany, transferring residential FTTH customers to NordConnect GmbH.
She will take over on June 1, 2026, bringing extensive telecom leadership experience.
Lasse Pilgaard succeeds Martin Lippert as Group CEO from September 1st. Revenue reaches SEK 8 billion with 11.6% EBITDA growth.
The project combines QKD and DAS technologies to protect fiber cables from physical and quantum threats. It tests the solution on GlobalConnect's fiber route over three years.
GlobalConnect has sold its B2C business in Germany to NordConnect. NordConnect, a company established last year by the utility company in Neumünster and Stadtwerke SH...
The Norwegian Competition Authority has approved Telenor's acquisition of GlobalConnect's Norwegian fibre business for residential customers. The transaction is valued at NOK 6 billion (€0.5bn...
According to the Nordic fiber group, the transition comes after Lippert requested to step down from his role after 13 years ...
Telenor logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration OSLO: Norway's Competition Authority may ban Telenor's 6 billion crown ($620.4...
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