Tafjord Connect has acquired 100% of the shares in Nordvest Fiber AS, a fiber broadband operator in North-Western Norway, from Lyse Fiberinvest and NTE Telekom.

Target Information

Nordvest Fiber AS is a leading developer and operator of fiber broadband infrastructure situated in the Greater Ålesund region of North-Western Norway. Established to enhance digital connectivity, the company currently serves approximately 3,500 customers, predominantly within the residential sector. By focusing on high-speed internet services, Nordvest Fiber plays a vital role in catering to the evolving demands of consumers in today's digital age.

Industry Overview in Norway

The fiber broadband industry in Norway has experienced substantial growth in recent years, driven by the increasing demand for faster and more reliable internet services. With the expansion of digitalization across various sectors, the need for robust telecommunications infrastructure is more critical than ever. Norway's geographical landscape, with its diverse urban and rural areas, presents unique challenges for broadband deployment, thus creating significant opportunities for specialized operators like Nordvest Fiber.

As Norway continues to invest heavily in enhancing its digital infrastructure, government initiatives championing increased broadband penetration have also contributed positively to the industry's growt