IP-Only to acquire Trelleborgs Stadsnat.

IP-Only, a provider of high capacity fiber based data communication and datacenter services in Sweden, agreed to acquire Trelleborgs Stadsnat, a cable telecom carrier, from the municipality of Trelleborg. Financial terms were not disclosed. "We have never connected as many households as we do today, and look forward to continuing to be the leading player in Sweden. We are happy about the trust we have received from the municipality of Trelleborg, and have an offensive plan for the municipality. We want to connect as many as possible, just as we do in the rest of the country. Ultimately, it is a matter of democracy, your residential address should not decide whether you should have fast broadband or not," Fredrik Borg, IP-Only Consumer Manager.