In September 2022, Eltel Finland signed its largest ever project with a contract value of EUR 200 million. It is a three-year framework agreement with Valokuitunen to build fibre-to-the-home (FTTH) throughout Finland.
Driving digital connectivity in Finland
Between 2022 and 2025, Eltel will connect around 400,000 Finnish homes with high-speed broadband. Whereas previous fibre rollouts have focused on the main urban areas in Finland, this project covers the entire country – including rural and remote communities.
“As fibre penetration currently stands at around 45% in Finland, compared to around 80% in the other Nordic countries, this FTTH project will represent a big leap in digital connectivity for people in their homes,” says Juha Luusua, Managing Director of Eltel Finland. “It will provide better opportunities for digital entertainment and for remote working throughout Finland.”
This agreement will enable us to meet our growing customer demand for high quality fibre connections.Heikki KaunistoCEO of Valokuitunen Oy
Eltel and Valokuitunen will work in close partnership and Eltel will be responsible for project management, material management and logistics, fibre network construction, installation, service works and documentation. Eltel’s scope of work will also include maintenance and lifecycle services and will run until 2025 with the option for a one-year extension.
Key facts
Client: Valokuitunen Oy
Services: Fibre-to-the-home project
Period: 2022–2025
Value: EUR 200 million
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