Sweden's largest fiber investment in 10 years
GlobalConnect, the single largest investor in the Swedish fiber market, has announced that they are investing in a new digital motorway from Berlin to the north of Sweden. This new network will handle the capacity of 3,052 tps (terabits per second), which equals bandwidth for 610 million Netflix users.
This was communicated by the EQT-owned, digital infrastructure company in a press release in the beginning of September 2021.
"It is the single largest digital infrastructure investment in Sweden in ten years and means that Sweden will be able to continue to attract the global tech giants, as digital infrastructure is a key prerequisite for continued establishment," says Regina Donato Dahlström, CEO of GlobalConnect Sweden.
Map of the new fiber motorway. Photo: GlobalConnect
Sweden and Scandinavia have in recent years become home to some of the world's largest digital companies and more and more tech giants are looking north to expand their datacenters and server halls.
"We welcome this inititive to strengthen Sweden’s position as a location for digital and sustainable investments. We also agree with GlobalConnect that we need these types of infrastucture improvements to continue to make Sweden more attractive to large companies that want to establish here," says Christoffer Svanberg, CEO of Node Pole.
The plans for this new digital motorway is in practice a roll-out of fiber cable that can handle three million times more data than what is possible via a standard fiber connection to a private household. With this investment GlobalConnect will more than double its fiber capacity compared to existing fiber infrastructures.
The work is planned to start in the autumn and is expected to be completed in stages with completion in the autumn of 2022.
The full press release can be found here.
GlobalConnect Group is the leading provider of digital infrastructure and data communications in northern Europe. The Group delivers complete solutions based on its own infrastructure, which consists of 84,000 km of fiber network and a total of 27,000 square meters of datacenter space in Denmark, Norway, Sweden, Finland and Germany. GlobalConnect is owned by the global investment organization EQT, one of Europe's largest infrastructure investors.
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