Qvantel joins Blue Science Park while seeing strong growth in sales

Qvantel, the leading provider of cloud-based Business Support Solutions (BSS) for telecom operators,

has become a member of the Blue Science Park at Karlskrona, Sweden. At the same time, Qvantel predicts a continuation of strong sales growth.

A proud member of Blue Science Park

Blue Science Park combines research and development with the needs of industry, business and the public sector. The campus focuses on developing excellence and fostering new ideas in Telecom/IT, eHealth and Marine Technology.

Says Ove Anebygd, newly appointed CEO of Qvantel: “Blue Science Park benefits from the long experience in telecom/IT in this region, and is one of the country’s main clusters for digitization expertise and Internet of Things. We look forward to deepening cooperating with the organizations there.”

Continued strong growth for Qvantel

In 2016, Qvantel increased sales by approximately 50%. In the same time frame, the global employee base grew from 280 to more than 500 people. Adds Anebygd: “We see a continuation of the strong demand for our products and services and believe that growth in 2017 will be even higher.”

Qvantel set up operations in Karlskrona in February, 2015. During the last twelve months, the number of employees has grown from 20 to currently 40. The company is continuing to take on new people, with staff for IT development being in particular high demand in 2017.

Says Peter Thorman, Country Manager of Qvantel Sweden: “We already have a very good cooperation with the university and the municipality in Karlskrona. By joining Blue Science Park, we hope to strengthen this, especially through joint student and research projects.”

Qvantel’s BSS software provides significant savings for telecom operators and increases the efficiency of their operations. The most important competitive elements in Qvantel’s BSS design include the level of digitization, flexibility as customer needs change and attention to customer experience at every touchpoint.

Qvantel is a leading supplier of cloud-based Business Support Solution (BSS) services. With offices in India, Sweden, Estonia, Switzerland, Spain, USA and headquarters in Finland, our fast-growing company helps telecom operators maximize their business efficiency and provide unrivalled customer experience.

Qvantel is identified on London Stock Exchange’s 1,000 Companies to Inspire Europe 2016.

Blue Science Park is a collaboration between the municipality of Karlskrona, Blekinge Institute of
Technology, Blekinge County Council and the business community. We have long experience in
running business clusters here then Telecom City has existed since 1993 in Telecom / IT. We now
take these experiences with us to our new focus areas. Our expertise is unique in that we have
this whole ecosystem of research and education at BTH to producing companies and advanced users.

For more information:

Ove Anebygd, CEO

+358 40 7222 727


Karri Linna, COO
+358 44 7222 072

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