Eltel signs frame agreement in Norway for NOK 180‒200 million, about EUR 17‒19 million

Eltel Norway has entered into a three-year frame agreement for fibre work and Fixed Wireless Access (FWA) with a new customer, Viken Fiber, Norway’s largest fibre company. The three-year agreement is worth about NOK 180‒200 million, about EUR 17‒19 million.

The contract covers readiness, repairs and fiber installations for single-family houses and housing associations, as well as FWA-installations.

The contract period starts April 2023, and the work will cover all of Viken Fiber’s areas in Eastern Norway. The agreement includes two additional option years.

For further information:

Thor-Egel Bråthen, Managing Director, Eltel Norway

Phone: +47 908 60 215, thor.egel.brathen@eltelnetworks.no

Elin Otter, Director, Communications and Investor Relations

Phone: +46 72 595 4692, elin.otter@eltelnetworks.com

About Eltel

Eltel is a leading service provider for critical infrastructure that enables renewable energy and high-performing communication networks. Eltel designs, plans, builds and secures the operation of networks for a more sustainable and connected world today and for future generations. In total, we have about 5,000 employees and in 2021 the annual sales was EUR 812.6 million. The head office is located in Sweden and Eltel's shares have been listed on Nasdaq Stockholm since 2015. Read more at www.eltelnetworks.com.