GlobalConnect is one of the leading digital infrastructure and data communication providers in Northern Europe. The Group delivers end-to-end solutions across its own infrastructure consisting of 100,000 kilometers fiber network and 34,500 sqm data center space in Denmark, Norway, Sweden, Germany and Finland. GlobalConnect employs approximately 1,700 people, has 30,000 B2B customers and connects more than 650,000 private households with a high-capacity fiber network.
GlobalConnect is the result of 2019 and 2020 mergers between Broadnet, GlobalConnect and IP-Only. In the consumer segment, the group operates under the brands IP-Only, HomeNet and Onefiber, while operating as GlobalConnect in the B2B segment across all its markets. GlobalConnect is owned by global investment organization EQT, one of Europe’s largest infrastructure investors.
2021 – a year of continued revenue growth and earnings for GlobalConnect
GlobalConnect continued the momentum in the fiber-to-the-home (FTTH) rollout and saw an increased appetite for connectivity solutions from enterprises and public institutions in 2021. The group’s revenue amounted to EUR 609m in 2021, an organic increase of 2.5% compared to previous year. Profitability also increased by 9.3% as the adjusted EBITDA improved to EUR 307m (50.4%) from EUR 272m (47.2%) the year before.