Hexatronic signs agreement with Grizzly Broadband in the US to a value of over 15 MUS
December 22 2022 - 8:00AM
Hexatronic signs agreement with Grizzly Broadband in the US to a
value of over 15 MUS
Press release December 22, 2022Gothenburg, Sweden
Hexatronic signs agreement with Grizzly Broadband in the
US to a value of over 15 MUSD
Hexatronic US Inc, a wholly owned subsidiary of Hexatronic Group
AB (publ), has signed a 4-year Strategic Partner agreement with
Grizzly Broadband in Montana, USA, to a value of over 15 MUSD. The
agreement covers the full Hexatronic fiber to the home (FTTH)
system solution, site support and training. Grizzly Broadband will
design, build and operate fiber-to-the-end user services throughout
the state of Montana.
Comments from
Hexatronic’s
CEO
“The US market is today Hexatronic’s largest market and it is
one of our three strategic growth markets. We are very proud and
delighted to have become a strategic system supplier to Grizzly
Broadband. We see the agreement as additional proof of the strength
of our FTTH offering where Grizzly Broadband values a complete
end-to-end solution which is cost-effective, fast to market and
provides the capacity and flexibility to build as you grow. We will
also support Grizzly Broadband with technical site support and
training to ensure a high-quality deployment process", says Henrik
Larsson Lyon, CEO of Hexatronic Group AB.
Comments from Grizzly
Broadband’s CEO
“We selected Hexatronic based on their complete system value
proposition. As partners, we are pleased with the total value that
Hexatronic brings to us in system technology, training, engineering
and installation expertise and supply chain support", says Jason
Pond, CEO of Grizzly Broadband.
Gothenburg, December 22, 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 2 pm CET on December 22, 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®.
- 2022-12-22 Hexatronic signs agreement with Grizzly Broadband in
the US to a value of over 15 MUSD
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