Altibox acquires 100% of shares in Skagenfiber AS and their projected fiber optic cable between Norway and Denmark and thus completes the international Euroconnect-1 ring announced earlier this month. Skagenfiber, once live towards the end of 2020, will attract an international clientele of data centre operators and telecom carriers, further enhancing Norway’s appeal as a digital host nation.
The Euroconnect-1 ring has already planned and announced the NO-UK subsea cable between Stavanger and Newcastle, ready for service in 2021. We are now announcing our acquisition of Skagenfiber, ready for service in 2020, which will further strengthen and enhance the new, international Euroconnect-1 fiber ring.
Skagenfiber’s 170km long subsea cable stretches from Hirtshals on the northern coast of Denmark to Larvik on the southern coast of Norway with onwards connections to the data centre hub of the Oslo region. The cable significantly strengthens capacity between Norway and mainland Europe and offers sorely needed diversity as regards data traffic in and out of Norway. Today, a major part of internet traffic is routed through Sweden, a disadvantage considering redundancy and security as well as the latency loss – or speed of data transmission – so critical to data centre operators and hyper-scalers.
- There is a significant requirement for high capacity fiber connections between Norway and mainland Europe. The combination of the two subsea cables «NO-UK» and «Skagenfiber» will in their robustness and combined capacity meet the ever-increasing demands for first class digital infrastructure in Norway. More than that, they will connect Norwegian businesses to the world and significantly increase the attractiveness of Norway as a digital host nation to international data centres, says Toril Nag, Group Executive Vice President of Lyse’s telecoms division and Chairwoman of Altibox.
The Skagenfiber build-out commences early in the new year and the cable will be ready for service towards the end of 2020. Several of the Skagenfiber founders will remain and partner with Altibox to see the build through to completion.
- We are tremendously excited to join forces with Altibox and start the realisation of this network asset, the planning of which has been more than 2 years in the making. There is keen interest in the market for first class connectivity to Norway, and in combination with the investments Altibox are making in NO-UK and Euroconnect-1, the Skagenfiber cable will most certainly place Norway firmly on the map, says Geir Holmer, the Skagenfiber CEO.