Genexis establishes companies in Italy and the United Kingdom
The new companies, called Genexis Italy SRL and Genexis Broadband UK Limited, are full subsidiaries of Genexis Sweden AB, which itself is part of the Inteno Group. Including the new companies in Italy and the UK, the Genexis Group now has operations in nine countries throughout Europe.
Italy and the UK are amongst the fastest growing markets in terms of FTTH connections in Europe,” says Hans Englesson, Chief Commercial Officer of Genexis. “Together with our strong position in equally fast-growing Germany, the creation of our two new subsidiaries puts us in pole position for growth in the European fiber-to-the-home market.”
“Establishing Genexis in Italy and the United Kingdom accelerates our growth plans, whereby we target to become the leading supplier for the fiber-connected home”, says Gerlas van den Hoven, CEO of Genexis. “The recent events in the world have shown all of us how crucial both excellent broadband connection and reliable WiFi performance are for our daily life, as well as for economic development. Our new establishments in Italy and the UK enable us to provide local sales and support, which helps us in our mission to provide the best broadband experience to the growing FTTH market in Europe.”