DNA Expands Broadband and TV Service with Acquisition of ICT Elmo's Fiber Network & Consumer Business

DNA Expands Broadband and TV Service with Acquisition of ICT Elmo's Fiber Network & Consumer Business Image Credit: DNA

DNA, Finland’s second largest fixed broadband operator has agreed to purchase an extensive fibre-optic network infrastructure used by ICT Elmo as well as its consumer and housing company business, for EUR 27.4 million

The acquisition will strengthen DNA’s market position in the Tampere region and give DNA its own extensive fibre-optic network infrastructure in Finland’s second largest economic area. Through the acquisition, DNA will gain more than 30,000 new fixed-line broadband customers and almost 25,000 new cable TV customers.

In addition to ICT Elmo’s consumer and housing company business, DNA is taking over ICT Elmo’s extensive fibre-optic network infrastructure, which consists of around 1,700 km of fibre-optic cable and which will facilitate the introduction of 5G in the Tampere region and enable the provision of increasingly fast fixed-line and mobile internet access to the area’s almost 200,000 households and more than 25,000 businesses. 

Mikko Kannisto, Director Transmission Network, DNA
This transaction gives us an extensive state-of-the-art network of our own in the Tampere region and the ability to begin providing services on a large scale straight away. 

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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