NOVOS FiBER selects Hexatronic as strategic supplier for complete FTTH deployment in the US
20 June 2024 - 9:00PM
NOVOS FiBER selects Hexatronic as strategic supplier for complete
FTTH deployment in the US
Press releaseJune 20, 2024Gothenburg, Sweden
NOVOS FiBER selects Hexatronic as strategic supplier for
complete FTTH deployment in the US
Hexatronic Group AB (publ) has been selected by NOVOS
FiBER as a strategic partner for the US market. The agreement will
run over an initial three-year period and is expected to generate
sales of approximately SEK 400 million.
The strategic partner agreement covers the end-to-end Hexatronic
fiber to the home (FTTH) solution and includes site support and
training for NOVOS FiBER, their design engineering firms and
installers. Hexatronic has been supplying materials to NOVOS FiBER
for their projects in Texas, since the fourth quarter 2023. NOVOS
FiBER is preparing to ramp up deployments in the second half of
2024.
“We are delighted to have become a strategic supplier to Novos
Fiber. This partnership is a testament to the strength of our FTTH
complete system solution, which is a cost effective, fast to market
deployment method that provides capacity and flexibility to build
as you grow for our customers,” said Henrik Larsson Lyon, CEO of
Hexatronic Group AB.
“We selected Hexatronic based on their value proposition,
flexible and cost effective network architecture and ability to
meet our aggressive timelines,” said Andrew Snead, CEO of NOVOS
FiBER.“
Gothenburg, June 20, 2024
Henrik Larsson LyonCEO Hexatronic Group
For more information, please contact:Henrik
Larsson Lyon, CEO Hexatronic Group, +46 706 50 34 00Pernilla
Lindén, CFO Hexatronic Group, +46 708 77 58 32
This information was submitted for publication, through the
agency of the contact persons set out above, at 13:00 CEST on June
20, 2024.
About Novos Fiber NOVOS FiBER is a
fiber-to-the-home (FTTH) provider focused on providing affordable,
reliable high-speed fiber internet to customers, especially those
in previously lacking internet regions. NOVOS FiBER is the
customer-centric brand of Flying Bull Internet, founded by Andrew
Snead and Melker Sandberg in 2022 and funded by InLight Capital, a
Sugar Land based private investment firm. Novos Fiber is based in
Dallas-Fort Worth, Texas.
Hexatronic creates sustainable networks all over the world. We
partner with customers on four continents – from telecom operators
to network owners – and offer leading, high-quality fiber
technology for every conceivable application. Hexatronic Group
(publ.) was founded in Sweden in 1993 and the Group is listed on
Nasdaq Stockholm. Our global brands include Viper, Stingray,
Raptor, InOne, and Wistom®.
- 2024-06-20 NOVOS FiBER selects Hexatronic as strategic supplier
for complete FTTH deployment in the US
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