Growth in the Nordics: a perspective from N0r5ke Fibre

N0r5ke Fibre will be joining Submarine Networks EMEA in London for the first time next month. Ahead of the event, Total Telecom caught up with Anders Vik, Co-Founder of N0r5ke Fibre to learn more about the growth of the Nordics as a connectivity hub as well as to hear about the N0r5ke Viking Cable project.
N0r5ke Fibre secured funding for its N0r5ke Viking cable project last autumn. Please can you tell us more about the system??
Yes, it was a busy autumn for us last year. Firstly, we raised NOK 40m from management and existing investors during the summer. Then, we initiated a process with Arctic Securities where we structured a financing package for new investors consisting of a NOK 150m Nordic bond and a NOK 40m equity issue to fully finance the project…

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