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Netel in Norway expands its cooperation with Viken Fiber

Netel in Norway has signed a renewed, more comprehensive framework agreement with Viken Fiber. The agreement runs for three years with an option for two years and covers development, maintenance and troubleshooting of fiber networks in six of Viken Fiber's nine zones. In addition, Netel has been given responsibility for security and readiness throughout Viken Fiber's network. With the option, the contract is valued at a total of around NOK 300 million.

Viken Fiber builds and operates fiber networks over large parts of the Norwegian Østlandet. Netel’s collaboration with Viken Fiber goes back to 2010.

"I am very happy that a customer I have followed for so many years chooses to continue the collaboration," says Edward Olastuen, country manager for Netel in Norway and the UK. "It shows that we have managed to deliver according to expectations for a long time."

"The extended collaboration is in line with Netel's strategy to expand operations within service and operations," says Ove Bergkvist, President and CEO of Netel. "We are very happy about Viken Fiber's continued trust."

"We have known Netel as a reliable and capable partner for many years," says Anne Berit Rørlien, CEO of Viken Fiber. "We look forward to continue our close and good cooperation in the coming years."

Contacts

Ove Bergkvist, CEO +46 (0) 73 337 09 37, ove.bergkvist@netel.se
Peter Andersson, CFO +46 (0) 73 842 36 90, peter.andersson@netel.se
Åse Lindskog, IR +46 (0) 73 024 48 72, ase@lindskogphilipson.se

About Us

Netel is a leading specialist in critical infrastructures in Northern Europe. We have over 20 years of experience in carrying out projects as well as services and maintenance for the industry's largest players in power, telecommunications, heating as well as water and sewage. We have a clear strategy for organic growth and acquisitions based on an efficient business model that is characterized by decentralization, low capital tied up and high cash conversion. Our business is based on a solid sustainability approach with intense responsibility for the environment and work safety. Netel had sales of more than SEK 2.4 billion in 2021 and has approximately 820 employees. Read more at www.netelgroup.com.

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Netel in Norway expands its cooperation with Viken Fiber

Datum 2023-02-09, kl 08:00
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Netel in Norway expands its cooperation with Viken Fiber
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