GlobalConnect Group sells its B2C business in Germany
NordConnect, a municipal telecom, will operate the FTTH network previously serving residential customers. Transfer planned for H2 2026.
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Connectivity infrastructure provider
globalconnectgroup.comLast updated
In short: GlobalConnect Group divested its Norwegian and German B2C businesses while reporting strong financial growth and initiating a CEO transition.
NordConnect, a municipal telecom, will operate the FTTH network previously serving residential customers. Transfer planned for H2 2026.
The Norwegian Competition Authority approved the acquisition, subject to remedies. GlobalConnect retains its B2B and carrier operations in Norway.
She will lead the Finnish consumer organization and expand digital infrastructure.
Revenue reaches SEK 8 billion with 11.6% EBITDA growth. CFO Lasse Pilgaard succeeds Martin Lippert as CEO from September 1st.
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 and...
September, GlobalConnect will complete a long-planned transition in the role of Group CEO, as current Group CFO Lasse Pilgaard succeeds Martin...
The Norwegian Competition Authority is not happy with the market dynamics resulting from Telenor acquiring a relatively small consumer fibre provider.
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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