0
Broadband

EQT Mid Market sells Swedish operator IP-Only to EQT Infrastructure for SEK 18.25 billion

Tuesday 11 June 2019 | 12:24 CET | News
The Swedish private equity fund EQT Mid Market has announced the sale of Swedish fibre infrastructure provider IP-Only to EQT Infrastructure. The enterprise value amounts to SEK 18.25 billion (EUR 1.7 billion) and an earn-out of up to SEK 1.0 billion. The deal is expected to close in June 2019 and follows a competitive auction with both industry and financial buyers.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: IP-Only
Countries: Sweden
::: add a comment
This article is part of dossier

Fibre


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

EQT Infrastructure accelerates expansion in European fibre market

Published 14 Jun 2019 11:10 CET | Europe
EQT Infrastructure is expanding its footprint across Europe with the acquisition of Swedish fibre operator IP-Only. At the same ...

Focus FTTH: EQT Infrastructure boekt progressie in vorming Noord-Europese glasvezelspeler van formaat

Published 12 Jun 2019 18:36 CET | Germany
Met de overname van IP-Only maakt EQT Infrastructure zijn entree op de Zweedse glasvezelmarkt. Op hetzelfde moment wordt het ...

IP-Only connects clinics as online medical service Min Doktor opens physical branches

Published 12 Jun 2019 12:32 CET | Sweden
Swedish company IP-Only said that the online physician service Min Doktor is now setting up drop-in clinics and has picked ...

Broadnet changes name to GlobalConnect

Published 07 Jun 2019 11:51 CET | Norway
Norwegian fibre and data centre provider Broadnet is changing its name to GlobalConnect, which is the name of the Danish-German ...

EQT abandons bid for Australia's Vocus

Published 05 Jun 2019 09:25 CET | Australia
Australian operator Vocus announced that it has terminated discussions with EQT Infrastructure in relation to its buyout ...

IP-Only expects to start laying fibre in Degerfors in late summer

Published 28 May 2019 12:59 CET | Sweden
IP-Only said it will begin laying fibre in Atorp in the borough of Degerfors in late summer 2019, with home connections to come ...

EQT acquires Maltese operator Melita

Published 23 May 2019 13:49 CET | Malta
EQT Infrastructure IV said it signed an agreement to acquire Malta operator Melita from private equity firms Apax Partners and ...

IP-Only wins SEK 3 mln WAN contract from hair and beauty chain Lyko

Published 10 Apr 2019 12:10 CET | Sweden
Swedish operator IP-Only said it has won a contract from Lyko to connect up its 38 hair and beauty salons, shops and e-commerce ...

IP-Only wins WAN, 4G back-up and colocation deal from home electronics chain Kjell & Company

Published 01 Apr 2019 12:15 CET | Sweden
Swedish operator IP-Only said that home electronics retail chain Kjell & Company has selected it to upgrade its infrastructure ...

IP-Only wins 4-year SEK 24 mln CDN contract from NRK

Published 27 Feb 2019 12:37 CET | Norway
Swedish provider IP-Only said that Norwegian public service broadcaster NRK has awarded it a four-year contract worth SEK 24 ...

IP-Only CEO wins Telekomgala award for female role model of the year

Published 21 Feb 2019 12:16 CET | Sweden
IP-Only has announced that its CEO Frida Westerberg won the 'Female role model of the year' prize at the Telekomgala on 20 ...

IP-Only CEO garners nomination for Telekomgala awards for transforming company

Published 08 Jan 2019 12:49 CET | Sweden
IP-Only said that CEO Frida Weterberg has been nominated for a prize in industry portal Telekomnyheterna's annual awards, ...

IP-Only wins communications operator contract for new fibre network in Stockholm archipelagos

Published 02 Jan 2019 12:23 CET | Sweden
IP-Only said it has been selected as the communications operator for Stockholms Skargardsnat, a network being developed for the ...

EQT merges Norway's Broadnet with Denmark's GlobalConnect

Published 14 Sep 2018 10:45 CET | Norway
Investment firm EQT said that EQT Infrastructure is merging Norwegian fibre and data communications operator Broadnet with Danish ...

EQT keeps Broadnet within group, Telia reportedly misses out in bidding

Published 11 Apr 2018 12:08 CET | Norway
Swedish private equity company EQT Partners said that its funds EQT V and EQT VI have agreed to sell Norwegian fibre network ...