Hexatronic signs agreement with Eltel in Finland to a value of 20 MEUR
December 16 2022 - 2:00AM
Hexatronic signs agreement with Eltel in Finland to a value of 20
MEUR
Press release December 16, 2022Gothenburg, Sweden
Hexatronic signs
agreement with
Eltel in Finland
to a value of
20 MEUR
Hexatronic Cables & Interconnect Systems AB, a wholly owned
subsidiary of Hexatronic Group AB (publ.) has today signed a 3-year
strategic supply agreement with Eltel for the Finnish market, to a
value of approximately 20 MEUR. The agreement covers the supply of
Hexatronic’s air-blown fiber-to-the-home (FTTH) solutions and field
support services. Eltel will design and build FTTH networks for one
of the leading operators in Finland.
Comments
from the
CEO
“Hexatronic has been established in Finland for 8 years and with
other Nordic countries considered to be part of our home market.
The degree of maturity in the building of fiber networks in Finland
is significantly lower than in both Sweden and Norway. Therefore,
it is great to see that the Finnish market is now gaining momentum
and has chosen to invest in a flexible air-blown fiber system.
We are very proud to have become a strategic system supplier to
Eltel Finland and see the agreement, which is the single largest we
have signed in Finland, as further confirmation of the strength of
our system offering. In addition to the system, we will support
Eltel with field support services to ensure high quality and a
cost-efficient installation", says Henrik Larsson Lyon, CEO of
Hexatronic Group AB.
Gothenburg, December 16, 2022
Henrik Larsson LyonCEO Hexatronic Group
For more information, please
contact:Henrik Larsson Lyon, CEO
Hexatronic Group, +46 706 50 34 00Pernilla Lindén, CFO
Hexatronic Group, +46 708 77 58 32
This is information that Hexatronic Group AB (publ) is obliged
to make public pursuant to the EU Market Abuse Regulation. The
information was submitted for publication, through the agency of
the contact person set out above, at 08:00 CET on December 16,
2022. This is a translation of the Swedish version of the press
release. When in doubt, the Swedish wording prevails.
Hexatronic creates sustainable networks all over the world. We
partner with customers on four continents – from telecom operators
to network owners – and offer leading, high-quality fiber
technology for every conceivable application. Hexatronic Group
(publ.) was founded in Sweden in 1993 and the Group is listed on
Nasdaq OMX Stockholm. Our global brands include Viper, Stingray,
Raptor, InOne, and Wistom®.
- 2022-12-16 Hexatronic signs agreement with Eltel in Finland to
a value of 20 MEUR
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