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Broadband

Broadnet acquires oil and gas specialist Xfiber

Thursday 27 October 2016 | 15:25 CET | News
Norwegian operator Broadnet announced the acquisition of Stavanger-based Xfiber, a provider of high-end data communication services. Xfiber focuses on customers in need of high-reliability, secure communications, such as the oil and gas sector, and is the only provider in Norway certified to ISO 20 000 quality standards. Since 2012 the company has increased its turnover by 65 percent, and it expects this year revenues of around 60 million. Xfiber will be able to leverage Broadnet's fibre network, while remaining an independent subsidiary with its own brand and sales model to ensure it

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Categories: Fixed
Companies: Broadnet
Countries: Norway
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