HitecVision Acquires 50% Stake in Altibox Carrier from Lyse
July 8, 2025
HitecVision has acquired a 50% ownership stake in Altibox Carrier, a subsidiary carved out from Lyse, to create an independent Nordic platform for high-capacity fiber infrastructure serving data centers and cloud providers. The joint venture will remain headquartered in Stavanger and will focus on developing existing subsea and terrestrial routes, building new strategic routes, and pursuing acquisitions of smaller Nordic fiber operators to meet rising data-traffic demand.
- Buyers
- HitecVision
- Targets
- Altibox Carrier
- Sellers
- Lyse
- Industry
- Telecommunications
- Location
- Norway
- Transaction Type
- Divestiture
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