NOVOS FiBER selects Hexatronic as strategic supplier for complete FTTH deployment in the US
20 June 2024 - 9:00PM
UK Regulatory
NOVOS FiBER selects Hexatronic as strategic supplier for complete
FTTH deployment in the US
Press release
June 20, 2024
Gothenburg, 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 Lyon
CEO Hexatronic Group
For more information, please contact:
Henrik Larsson Lyon, CEO Hexatronic Group, +46 706 50 34 00
Pernilla 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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