EQT Begins Selling Nordic Broadband and Data Center Operations, According to FT
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 19 2025
0mins
Source: Reuters
EQT's Sale of GlobalConnect: Swedish private equity firm EQT has initiated the sale of its Nordic digital infrastructure business, GlobalConnect, with a potential valuation of 8 billion euros ($9.43 billion).
Business Overview: GlobalConnect, which EQT acquired a majority stake in 2017, manages over half of the Nordic region's data traffic through a 244,000 km fiber network, serving 907,000 private consumers and 30,000 business clients across multiple countries.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
