Specifically in the Tampere region, DNA has agreed to purchase an extensive fibre network used by ICT Elmo Oy, as well as Elmo’s consumer and housing company business.
“We are extremely happy with the acquisition. Tampere is the second biggest market area in Finland, and it is important for us to have a strong presence and be able to offer our full range of services here,” said Jarno Haikonen, DNA’s vice president of broadband and TV business. “We intend to invest heavily in making both 5G and our fibre-optic and cable networks available to housing companies and single-family houses across the region. Thanks to this acquisition, we will be able to provide our customers with gigabit-speed broadband and a wide range of television services.”
Based on number of subscriptions, DNA is Finland’s second largest fixed broadband operator, combined with this latest acquisition, DNA becomes an even bigger provider of telecoms services extended to both broadband and television services for consumers and housing companies as well as fixed-line network services for businesses.
“Elmo and its owners have been investing in the fibre-optic network consistently since the establishment of Elmo,” added Mikko Kannisto, director of transmission networks, DNA. “This transaction gives us a solid and extensive network of our own in the Tampere region and the ability to begin providing services on a large scale straight away. Supplemented with the latest technology, the network will ultimately enable us to offer faster and more reliable internet access and a completely new range of services.”
In addition to Elmo’s consumer and housing company business, DNA is taking over Elmo’s extensive fibre-optic network infrastructure, which will help to support the introduction of 5G in the Tampere region. In addition to Tampere, the new fibre-optic network is also available in Nokia, Ylöjärvi, Kangasala, Lempäälä, Pirkkala, Valkeakoski, Akaa, Orivesi, Pälkäne and Vesilahti. However, Elmo’s corporate clients and operator business are not included in the transaction.
“Elmo and DNA have a long history of successful cooperation. This deal allows both businesses to focus on their respective core strategies,” continued Janne Aaltonen, CEO, Elmo. “Elmo is a nation-wide full-service ICT company, and our strategic goal is to become one of the big names in our industry by 2023. The transaction makes it easier and faster for us to reach our goal. DNA will continue to be a strategic network and mobile services partner for us.”
