Telia Carrier Goes Independent

It’s official, Telia Carrier is no longer part of Telia. Yesterday the Nordic giant announced the completion of the divestment of its international networking division that was announced back in October 2020.
The SEK 9.45B deal puts Telia Carrier and its 530 employees in the hands of Polhem Infra, a Swedish-based infrastructure fund. That potentially gives the company some deep pockets going forward, so it should be interesting to watch what direction they take, and how independent of former parent Telia will that direction will be.  Will they keep the name or rebrand? Might they become acquisitive, or will they continue on the mostly organic route that they followed under Telia’s auspices?

Telia and Telia Carrier remain partners of course, as they have plenty of common customers to serve. Telia Carrier operates what is by many measures the largest global IP backbone out there, which it has continued to add depth and breadth to over the last few years. It builds upon some 70,000km of its own fiber to reach some 300 PoPs across 35 countries on three continents.  That footprint’s main assets are in Europe, but investments have increased the company’s North American reach and they have footholds in the key Asian hubs of Hong Kong, Singapore, and Tokyo.

We had CEO Staffan Göjeryd here last summer for an Industry Spotlight in which he offered insight into the company’s approach to the wholesale and enterprise marketplace.

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Categories: Internet Backbones · Mergers and Acquisitions