Simac takes over HSLnet operations

Thursday 15 December 2016 | 10:52 CET | News
Simac, the IT company from Veldhoven, is taking over the management and liabilities of fibre provider HSLnet, reports the Eindhovens Dagblad. HSLnet is a cooperative set up to roll out the fibre network in the Dutch city of Heeze-Leende, but has run into financial problems. The municipality of Heeze-Leende agreed a loan of EUR 5.2 million and took over the bank guarantee at ABN Amro. Simac has now agreed to back the debt.

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Categories: Fixed
Companies: Simac
Countries: Netherlands
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