Koillisnet Oy agree to acquire Fibre Network in Northern Finland from Loihde Oyj (HLSE:LOIHDE) for €4.7 million on January 3, 2022. No employees are transferred in the transaction. The annual revenue of the fibre network business was approximately EUR 740,000 in 2021 and approximately EUR 620,000 the previous year.

Koillisnet Oy completed the acquisition of Fibre Network in Northern Finland from Loihde Oyj (HLSE:LOIHDE) on January 3, 2022.