M7 sells Fiber NL, Stipte to XS Provider

18 Mar 2019

M7 Group has sold two Dutch fibre ISP subsidiaries, Fiber NL and Stipte, to Tilburg-based XS Provider in a deal scheduled to be completed on 1 April 2019, Totaaltv.nl reported. M7 – which had bought Fibre NL and Stipte in October 2017 – will now focus on its remaining Dutch triple-play ISP brand Online.nl and its Canal Digitaal pay-TV brand. XS Provider – which operates fibre-optic services in outlying areas of the Netherlands – will keep the Fiber NL and Stipte brand names intact. The report also notes that the current director of XS Provider was previously the director of Fiber NL.

Netherlands, Fiber NL/Stipte, M7 Group, Online.nl (M7 Group)