GlobalConnect, the single largest investor in the Swedish fiber market, has announced that they are investing in a new digital motorway from Berlin to the north of Sweden. This new network will handle the capacity of 3,052 tps (terabits per second), which equals bandwidth for 610 million Netflix users.
It is the single largest digital infrastructure investment in Sweden in ten years and means that Sweden will be able to continue to attract the global tech giants, as digital infrastructure is a key prerequisite for continued establishment," says Regina Donato Dahlström, CEO of GlobalConnect Sweden.
Sweden and Scandinavia have in recent years become home to some of the world's largest digital companies and more and more tech giants are looking north to expand their datacenters and server halls.
"We welcome this inititive to strengthen Sweden’s position as a location for digital and sustainable investments. We also agree with GlobalConnect that we need these types of infrastucture improvements to continue to make Sweden more attractive to large companies that want to establish here," says Christoffer Svanberg, CEO of Node Pole.
The plans for this new digital motorway is in practice a roll-out of fiber cable that can handle three million times more data than what is possible via a standard fiber connection to a private household. With this investment GlobalConnect will more than double its fiber capacity compared to existing fiber infrastructures.
The work is planned to start in the autumn and is expected to be completed in stages with completion in the autumn of 2022.