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GlobalConnect announces creation of GlobalConnect Carrier

2020-10-15 10:35:00| Telecompaper Headlines

(Telecompaper) GlobalConnect has announced the creation of GlobalConnect Carrier, a new business unit targeting large technology companies with high capacity needs (hyperscalers), carriers and system integrators. It said GlobalConnect Carrier has international scale across Northern Europe and is a one-stop shop for connectivity needs. The new entity will continue to invest in infrastructure and expand its network.

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Telia parts with its carrier business for around $1.1bn

2020-10-07 02:00:00| Total Telecom industry news

Swedish operator Telia is one of many telcos that have been gradually selling off their foreign infrastructure assets in order to focus on their home markets. Now the company has agreed to sell its carrier business to a group of Swedish pension funds under the Polhem Infra banner. The carrier business covers around 65,000 km of fibre and is used by around 900 telecoms companies in 115 countries…read more on TotalTele.com »

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Telia sells Telia Carrier to pensions investment firm Polhem Infra for SEK 9.45 bln, restores dividend

2020-10-06 09:30:00| Telecompaper Headlines

(Telecompaper) Telia Company said that it has agreed to sell its international operation Telia Carrier to pensions investment firm Polhem Infra for SEK 9.45 billion on a cash and debt-free basis but is forming a long-term partnership with Telia Carrier to enable it to keep providing network services to Telia customers. The transaction is expected to generate a capital gain of about SEK 7.00 billion and the directors are proposing an extra dividend of SEK 0.65 per share, bringing the total dividend for 2019 back to the level originally proposed in January.

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