Teracom

Last updated
Teracom Group AB
Founded1992;33 years ago (1992)
Founder Televerket
Website teracom.se

Teracom Group AB is a Swedish state-owned company that delivers information and communication services aimed at operators of essential functions within the Swedish civilian and military systems. [1]

Contents

Teracom was established in 1992, as a spin-off from the Swedish Televerket telecommunications agency, ahead of its corporatisation into the Swedish incumbent operator Telia. The reason behind the spin-off was to separate what became Teracom from the commercial aspect of the now-deregulated Swedish telecom business. In October 2018, Teracom sold its Danish subsidiary (Teracom A/S) to the London-based investment company Agilitas Private Equity LLP, which subsequently changed the latter's name to Cibicom A/S in January 2019. [2] In 2019, Teracom acquired the Swedish subsidiary of the mobile wireless broadband operator Net 1, now Teracom Mobil AB. [3] The background to Teracom's acquisition of Net 1 was to secure telecommunications via mobile broadband to authorities and companies via the 450 MHz band with government control and in the long term. [4]

See also

References

  1. Katyal, Parina (2022-04-04). "Performance Security Cannot Be Retained After Acknowledgement Of Due Performance : Delhi High Court". livelaw.in. Live Law India. Retrieved 2022-08-23. The Respondent Teracom Ltd participated
  2. "About Cibicom".
  3. "Teracom - Pressrum". www.teracom.se. Retrieved 2022-08-13.
  4. "Teracom förvärvar Net1 | Teracom Mobil". Teracom Mobil (in Swedish). Retrieved 2022-08-13.