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Broadband

GlobalConnect FY revenue rises 8%, hits record home connections in Sweden and Norway

Tuesday 1 June 2021 | 09:57 CET | News
GlobalConnect Group said that in its first year as a single company, it connected a record number of private households to fibre-based broadband and successfully used cross-market synergies in its B2B operations. In its annual report for 2020, it said revenue rose by 7.6 percent on an organic basis to EUR 577 million and adjusted EBITDA improved to EUR 272 million with a margin of 47.2 percent from EUR 243 million with a margin of 44.3 percent the year before. Capital expenditure was EUR 487 million.

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Categories: Fixed
Companies: GlobalConnect
Countries: Germany / Scandinavia
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