Eltel inks FTTH frame agreement with Telia Finland JV

15 Apr 2020

Sweden-based Eltel has announced the signing of a three-year frame agreement between its communications business in Finland and Valokuitunen Oy, a recently established joint venture company between CapMan Infra and Telia Finland, to construct fibre-to-the-home (FTTH) infrastructure. Under the EUR38 million (USD41 million) agreement Eltel and Valokuitunen will reportedly work in partnership, with Eltel taking responsibility for project management, material management and logistics, fibre network construction, installation service works and documentation. In a press release announcing the development, Eltel noted that the agreement commenced on 9 April 2020 and includes the option to extend for an additional year. The first projects undertaken will take place in the Turku region, Uusimaa and the Helsinki metropolitan area, it noted.

Finland, Eltel (Finland), Telia Finland