Thalamus Networks acquires the Internet provider and TV company EKTV
Thalamus Networks plans to acquire Engelholms Kabel-TV, EKTV. The take-
over is worth SEK 30 millions including financing and includes an area,
urban and metropolitan network. 9 000 paying customers are also
transferred and offered access to Thalamus’ range of broadband services.
1996 Thalamus and EKTV were the first companies in Europe to provide
tenants with fixed Internet access, and the real estate owner
Ängelholmshem with an advanced automatic control system.
Thalamus thus strengthens their position as one of the most respected
broadband and service suppliers.
”This is very pleasing”, says Jan Tidelius, CEO of Thalamus Networks.
”Since the deal includes an area, urban as well as a metropolitan network
it gives us a unique situation in Ängelholm. We also acquire further
competence and established contacts for purchasing TV programs. This makes
it possible for us to supply TV at competitive prices in other locations
as well.”
Thalamus points out that the purchase is of major importance to the
municipality of Ängelholm as well as for Thalamus, who now gets the
responsibility to further develop the community’s technical lead.
”We are flattered by the faith the municipality is showing in us”, says
Jan Tidelius. ”We shall manage it well in close co-operation with the
region.”
The present EKTV Internet and TV customers are looking forward to an even
better service range in the future. The same applies to business customers
who subscribe to EKTV’s fixed Internet access.
Thalamus’ turnover grows with at least SEK 12 million.
The selling parties are local AB Munka-Ljungbybyggen, Ängelholms Energi AB
and AB Ängelholmshem.
”Through this transaction the long-term co-operation between these
companies has come to a logical ending, creating benefits for the
customers as well as the region”, says Jan-Erik Simre, president of
Ängelholmshem.
The parties plan to conclude the deal around the turn of the year.Thalamus
Networks AB (www.thalamus.se) is the only operator that can offer a
complete portfolio of services for intelligent living. Apart from Internet
access, Thalamus also offers energy management, information, media and
telephony. Thalamus® is provided over optical fibre, cable-TV and Ethernet
(LAN). Thalamus Networks is listed on the OM Stockholm Stock Exchange’s O-
list. The Company built Sweden’s first commercial high speed property net,
combined with control and communications services for landlords. The
Company is expanding rapidly and has offices in Ängelholm, Malmö,
Halmstad, Gothenburg and Stockholm. Thalamus Networks’ sales are
approximately 40 MSEK a year with 40 employees.
For further information please contact
Jan Tidelius, CEO Thalamus Networks. Tel +46 8-691 09 08, mobile +46 705-
525626,
e-mail jan.tidelius@thalamus.se
Thomas Rebermark, Marketing Director Thalamus Networks. Tel
+46 8-691 09 07, mobile +46 703-240193, e-mail
thomas.rebermark@thalamus.se
Jan-Erik Simre, President of Ängelholmshem. Tel +46 431 44 99 60, e-mail
info@angelholm.se
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