HitecVision to acquire a 50% stake of Altibox Carrier from Lyse.

HitecVision, a private equity firm, agreed to acquire a 50% stake of Altibox Carrier, a fiber connectivity provider from Lyse, a utility company. Financial terms were not disclosed. “Altibox Carrier represents an opportunity to build a scalable platform at the intersection of digitalization and the green transition. In partnership with Lyse, we aim to leverage our expertise in company building and digital infrastructure to position Altibox Carrier as a leading provider of high-speed fiber networks for the growing data center industry in Northern Europe,” Erlend Basmo Ellingsen, HitecVision CEO.