Press release

Netel publishes 2021 Annual Report

Netel’s Annual Report for 2021 has been published on the Group’s website as of today.

The Annual Report in Swedish as well as an English version are available on in pdf-format. The Swedish Annual Report is also available on the website in European Single Electronic Format (ESEF).

”We have a proven business model, clear growth strategy and strong financial position with healthy cash flows and low tied-up capital”, says Ove Bergkvist in his CEO comments. ”With a stable underlying market performance for critical infrastructure, a record-breaking order backlog of SEK 3.5 billion and an extensive list of potential acquisition targets, Netel is continuing on its journey of growth.


Ove Bergkvist, CEO +46 (0)73 337 09 37
Peter Andersson, CFO +46 (0 )73 842 36 90
Åse Lindskog, IR +46(0)73 024 48 72

About Us

Netel is a full-service specialist in Infranet Services in Sweden, Norway, Finland and Germany. We provide Infranet services within mobile telecom networks, fixed networks and power networks. Our customers include telecom operators, network owners, system suppliers, property owners, construction companies, housing companies and tenant-owner associations.

Our business is run decentralized, with a strong local presence and about 660 employees. In 2021, Netel’s net sales amounted to SEK 2,418 million.

This information is information that Netel Holding AB (publ) is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 2022-04-11 09:00 CEST.