Eltel’s Communication business in Finland has signed a three-year frame agreement with Valokuitunen, a recently established joint venture company between CapMan Infra and Telia, to construct fibre to the home (FTTH). The agreement is worth about EUR 38 million.
Eltel and Valokuitunen will work in close partnership where Eltel will be responsible for project management, material management and logistics, fibre network construction, installation service works and documentation.
The agreement starts on 9 April 2020 and includes an option of one additional year. The first projects will be performed in the Turku region, Uusimaa and the Helsinki metropolitan area.
