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Press release

Netel signs contract with envia TEL, a new customer in Germany, worth MEUR 19

Netel Holding

envia TEL is a leading telecommunications operator in central Germany and part of the E.ON Group. With this new agreement, Netel gains both a new customer and expands its geographical presence in Germany.

The two-year contract gives Netel full responsibility, including planning, installation, documentation, and project management for the construction of a fiber network in Erzgebirgskreis, south of Dresden.

“Thanks to our solid experience in fiber networks and successfully executed projects in Germany, we are now able to engage with a new major player,” says Jeanette Reuterskiöld, CEO and President of Netel. “This is yet another proof of how we are delivering on our strategy to win new customers and expand our geographical reach.”

About us


With 25 years of experience, Netel is a leader in the development and maintenance of critical infrastructure within Infraservices, Power and Telecom in Northern Europe. We are involved in the entire value chain from design, production and maintenance of our customers' facilities. We are dedicated to securing an accessible and reliable future, where technology unites and transforms society. Netel reported net sales of SEK 3,300 million in 2024 and the number of employees in the group is about 840. Netel is listed on Nasdaq Stockholm since 2021. Read more at netelgroup.com.

Contacts


Jeanette Reuterskiöld, President and CEO, +46 (0) 702 28 03 89, jeanette.reuterskiold@netel.se
Fredrik Helenius, CFO, +46 (0) 730 85 52 86, fredrik.helenius@netel.se
Åse Lindskog, IR, +46 (0) 730 24 48 72, ase.lindskog@netelgroup.com

Attachments


Netel signs contract with envia TEL, a new customer in Germany, worth MEUR 19

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