Luxemburg-based M7 Group has sold two Dutch fibre providers, Stipte and Fiber Nederland, to Tilburg based XS Provider.
The company acquired the two providers in October 2017. At the time, the combined number of homes served by Stipte and Fiber NL was estimated at between 35,000 and 40,000.
The acquisition will close on April 1, and the two providers will continue to sell and market their services under their own name. At the time, M7 paid €800,000 for the two providers.
