

Aetha undertook due diligence of Altifiber’s operations ahead of investment by KC Impact (now Serena Industrial Partners).
Altifiber operates an FTTH network in south-west Norway and serves its fibre broadband customers with TV via a partnership with Altibox, a nationwide content provider.
We produced a ‘red flag’ report reviewing Altifiber’s business plan and technical solution within a tightly compressed timeline, combining local market knowledge with international benchmark data.
We analysed Altifiber on topics including market/penetration, revenue projection, regulatory environment, network cost forecasts, key supplier agreements and operational plan and identified appropriate sensitivities to the business plan to produce the investor’s case and return.
