Netel

Netel

Rollout and maintenance of telecom, broadband and power networks in the Nordic countries and Baltic States

With Axcel as principal shareholder, Netel more than tripled its revenue to SEK 1.5 billion through a combination of organic growth and six acquisitions, which together expanded Netel’s original business, broadened its service offering and opened up new geographical markets. The company is now a leading player in the rollout and maintenance of telecom, broadband and power networks in the Nordic countries and Baltic States. Axcel sold Netel to private equity firm IK Investment Partners in June 2016.

Netel

Headquarters
Sweden
Axcel’s investment
10-01-2013

Photos