After having secured the necessary approval from relevant authorities, Telia Company today completed the transaction which enables an accelerated roll-out of open fiber in Finland in co-operation with CapMan Infra.
On October 31, 2019 Telia Company announced an accelerated fiber roll-out in Finland in line with the continued effort to create best network experience across platform. The roll-out will be performed in co-operation with with Capman Infra, the infrastructure investments arm of Nordic private asset management firm CapMan.
The parties today closed the transaction where Telia Company holds a 40 percent stake in the new company which takes over Telia Finland’s existing SDU fiber roll-out business ‘Avoin Kuitu’, which has roughly 20,000 homes passed. Telia Company will provide the fiber access network with communications operator services.