SKAGENFIBER

NEW HIGH CAPACITY DIGITAL HIGHWAY TO THE CONTINENT


Press Release, Stavanger 17.12.2019Altibox and Skagenfiber announce the new fiber super-highway to Norway



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.

Lys Tele

Lyse Tele is made up of the wholly owned digital-TV & broadband provider Altibox AS, and Lyse’s ownership stake in several fiber providers in Norway and Denmark. The national backbone network of Altibox covers all of Norway, from Agder in the south to Finmark in the north.

Turnover 2018: 3 502 MNOK
EBITDA 2018: 1 276 MNOK
EBIT 2018: 460 MNOK
Investments 2018: 1 171 MNOK

Lyse Tele has 330 000 fiber customers, distributed across Norway. In addition, Altibox provides services to other network operators/owners. In total, more than 600 000 consumers and businesses get their Internet and TV entertainment from Altibox.

Contacts:
Toril Nag, ESVP Lyse, toril.nag@lyse.no, +47 934 88 888
Eirik Gundegjerde, SVP Lyse, eirik.gundegjerde@lyse.no, +47 934 88 885
Geir Holmer, CEO Skagenfiber AS, geir@skagenfiber.no, +44 7769 6415 31

Fact-sheet

SkagenFiber:
Length: 170 km between Larvik – Hirtshals
Number of fibers: 48 par
Owner: Lyse/Altibox (100 %)

Image

New high capacity digital highway to the continentSkagenfiber



Skagenfiber was established to build and operate two high speed fiber optic connections between Oslo, Norway and the European Continent.  Our 48 pair cables provide the highest quality and lowest latency dark fiber to national and international clients.


Skagenfiber West are planned for RFS November 2020


OUR VALUE PROPOSITION


There is currently no established market for dark fiber nationally in Norway – the current infrastructure is largely controlled by two large incumbents with numerous smaller operators.  To connect over any distance – and we have enough of that in Norway - you need a patch-work of independent connections.

International dark fiber not going through Sweden is very scarce and generally not commercially available.

  • We offer redundant dark fiber to end users, government, large / hyper scale data centers as well as telecom providers, existing and new.
  • We represent the shortest logical route from the main hub of Oslo to the European continent with low latency and a high degree of physical security.

NEW CONNECTIONS BETWEEN NORWAY AND CONTINENTAL EUROPE

THE NETWORK


Skagenfiber EAST traverses Oslo via Rygge to Fredrikshavn and Skagenfiber WEST traverses Oslo via Larvik to Hirtshals.

The sea bed between Norway and Denmark consists of large stretches of sand and mud.  This allows for the cables to be mostly buried to an average depth of 1.5 meters. This provides a solid measure of protection from physical damages – intentional or accidental



SPEED, SECURITY, DIVERSITY AND REDUNDANCY


Partnering


Via our continental partners, we will be able to offer dark fiber from Oslo to the major hubs in northern Europe such as Esbjerg, Hamburg, London and Amsterdam.


SUPPORTERS


Our cables have received universal encouragement and support from all levels of Government, the large data center operators, the University networks in Scandinavia and customers near and far.

24/7 – Security / VULNERABILITY


Digital networks represent critical infrastructure on par with power and water. Hardly any company, public service or even our homes and cars function without 24/7 online access.  24/7 requires redundancy at all levels and multiple access routes.  

Norway’s national infrastructure is quite good, albeit fragmented, but direct connections between Norway and the Continent are few and mostly quite old.  Almost all the international connections go via Sweden. Approximately 80% of all of Norway’s internet traffic takes the long, scenic route from Oslo to Stockholm and then through Copenhagen.   

This lack of alternatives creates vulnerability, security risks and higher than necessary latency. Norway simply has to establish additional international connections and the obvious and shortest route is from southern Norway to northern Denmark. 


Management



Geir Holmer – CEO / CFO


Geir has broad national and international experience spanning leadership, finance, advisory and change management. His focus has fallen primarily on the telecom and data centre industries as well as management consulting in the UK and Scandinavia.

He has held leadership positions with Virgin Media (Liberty Global) and Level 3 (CenturyLink) in the UK following two years with KPMG in Norway. Before joining Skagenfiber, Holmer was a partner in the London based JTD Associates Ltd.

Helge Gallefoss – Business Development


Helge is a «serial entrepreneur» having founded several companies in the internet and media space. He started Norway’s first internet consulting company in 1993 (Media Lab as).

He also co-founded the first internet shop in Norway – Online Club/Yatack, Network Computing, Workzone, Hospital IT etc. He has developed and patented solutions for cooling and power distribution in data centers and thrives on driving the development of digital infrastructure forwards.

Rune Skow: CTO


Rune has worked extensively with telecom infrastructure and fiber for both data communications and mobile. He was the Director of Mobile in Sønnico/Eltel, led Telia’s "Net-Modernizing Program" rolling out 4G in all of Norway.

He also managed the upgrade of ADSL/VDSL in Norway for the two largest telcos as well as several other infrastructure projects for mobile, broadband and fiber and has held management positions in Alcatel, IBM, HIQ and NEXIA.