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Netel Secures Three-Year B2B Infrastructure Deal with GlobalConnect in Norway

Story Highlights
  • Netel has secured a three-year B2B service contract with GlobalConnect in Norway, covering fiber, LAN and fixed wireless access solutions.
  • The renewed agreement, extending a partnership since 2012, strengthens Netel’s position in Nordic telecom infrastructure and confirms its reliability as a key supplier.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Netel Secures Three-Year B2B Infrastructure Deal with GlobalConnect in Norway

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Netel Holding AB ( (SE:NETEL) ) has provided an update.

Netel Holding AB has signed a new three-year service agreement with GlobalConnect covering business-to-business connectivity services across Norway. The contract encompasses fiber access, LAN installations with routers, switches and wireless access points, as well as fixed wireless access, reinforcing Netel’s role as a key technical partner to GlobalConnect.

The renewal, building on a supplier relationship that dates back to 2012, underlines GlobalConnect’s confidence in Netel’s reliability and competence in telecom infrastructure. The deal strengthens Netel’s position in the Nordic B2B telecom services market and supports continued utilization of its infrastructure expertise and resources in Norway.

The most recent analyst rating on (SE:NETEL) stock is a Sell with a SEK3.50 price target. To see the full list of analyst forecasts on Netel Holding AB stock, see the SE:NETEL Stock Forecast page.

More about Netel Holding AB

Netel Holding AB is a Swedish infrastructure services company specializing in the development, construction and maintenance of critical assets in infraservices, power and telecom. With more than 25 years of experience, it operates along the full value chain from design to ongoing service of customer facilities, generating SEK 2,915 million in net sales in 2025 with around 800 employees, and its shares are listed on Nasdaq Stockholm.

Average Trading Volume: 184,603

Technical Sentiment Signal: Sell

Current Market Cap: SEK191.6M

See more insights into NETEL stock on TipRanks’ Stock Analysis page.

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