GlobalConnect divests its B2C business in Germany
NordConnect GmbH will take over the FTTH network serving Hamburg and Kiel areas, with transfer expected in H2 2026.
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Digital infrastructure provider offering fiber-optic networks
globalconnect.fiLast updated
In short: GlobalConnect significantly expanded its Nordic fiber footprint while undergoing leadership changes and divesting Norwegian and German B2C assets.
NordConnect GmbH will take over the FTTH network serving Hamburg and Kiel areas, with transfer expected in H2 2026.
She will start on 1 June 2026 and has previously worked as a procurement and supply chain management director.
Lasse Pilgaard, current CFO, will succeed him from 1.9.2026. The company reports 8 billion SEK in revenue for 2025.
In 2025, revenue was 700 million euros, EBITDA grew 11.6 % and the network expanded at a record pace to over 100,000 households.
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...
GlobalConnect is one of the leading providers of digital infrastructure and data communication in the Nordics and handles over half of all data traffic to and from the region...
According to the Nordic fiber group, the transition comes after Lippert requested to step down from his role after 13 years in the role. GlobalConnect...
GlobalConnect has announced the completion of its wavelength network expansion in the northern Nordic region, boosting regional capacity and adding geographically diverse routes between major...
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