Telia to build fibre network for 27,000 apartments

May 6, 2008
6 MAY 2008 -- Akelius Fastigheter, one of Sweden's largest private owners of housing accommodation, has signed an agreement with Telia for the build-out of a fibre-optic network that will deliver triple play services to all its apartment buildings in Sweden.

6 MAY 2008 -- Akelius Fastigheter, one of Sweden's largest private owners of housing accommodation, has signed an agreement with Telia (search for Telia) for the build-out of a fibre-optic network that will deliver triple play services to all its apartment buildings in Sweden. The agreement is for a nine-year period and is estimated to be worth SEK 700 million.

Akelius tenants will gain access to telephony, broadband, and digital television services over a fibre-optic network that will connect 27,000 apartments in 37 municipalities in Sweden.

"We think it is fantastic that we can offer all of our tenants greater freedom of choice and access to the same fast connections and a range of value-added services like video-on-demand in different areas of Sweden, whether they live in Haparanda, Malmö, or Borås," says Jan-Erik Höjvall, CEO of Akelius Fastigheter.

Installation of the new fibre-optic network for Akelius buildings will start this fall. All buildings are expected to be connected within two years.

In addition to the network agreement, the two parties have signed an agreement in which Telia will provide a collective television solution for Akelius buildings as of 2012.

Telia says its fibre-optic network opens new opportunities for savings and will have a positive impact on the environment for Akelius and its tenants. Services for building management and measuring water and power consumption, plus the option to telecommute and rent movies directly on television sets, will lead to a reduced environmental impact, the carriers asserts.

Telia has launched a project to modernise the fixed broadband network in Sweden. The initiative, called the Next Project, aims to give 1.5 million to 2 million Swedish households and enterprises access to broadband with speeds between 30 and 100 Mbits/sec all over the country. The Next Project will ensure high quality and a high level of service in Telia's network, giving Swedish residences future-proof network-based services and providing a platform for increasing the competitiveness of companies in Sweden, the carriers says. The initiative will continue until 2011 and involves upgrading the broadband network and developing new products and services.

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