Cibicom A / S accelerates new business areas and hires a new CEO

Cibicom is now seriously accelerating the transformation of the company.

Cibicom A / S accelerates new business areas and hires a new CEO
Michael Meister

From having operated the Danish radio / TV broadcast network for many years, Cibicom will continue to accelerate further development and growth in new business areas such as Masteinfrastruktur, Datacenter, Fibernet and Internet of Things (IoT).

To drive future growth has Cibicom from March 1, 2021 hired Michael Meister as the new CEO.

Expansion with the business areas IoT Connectivity and Datacenter services started in 2017 and was further accelerated with the capital fund Agilita’s acquisition of Cibicom A / S (then Teracom A / S).
In 2020, TaaS (Tower as a Service), Fibernet solutions and Mobility were established as additional focus areas.

The solutions within Cibicom’s new business areas utilize Cibicom’s own robust IT and network infrastructure, which has so far been used for, among other things, radio / TV distribution, and includes a 3,500 km nationwide fiber network and a number of data centers, a large number of masts covering the entire the country, a 24-hour surveillance center and a nationwide service organization.

Cibicom’s Board of Directors and owners now want to accelerate further growth in these markets in the coming years, and have therefore hired Michael Meister as the new CEO from 1 March 2021.
Michael Meister replaces Martin Løbel, who has been director of the company since 2014, and provides Cibicom with the necessary management competence and business experience and insight, from many years in the IT and Telecom industry.

Chairman of the Board Rasmus Helmich states “Martin Løbel has moved Cibicom A / S from being a state-owned company with a narrow product range to a modern infrastructure and telecommunications company with new business areas to ensure continued growth in the future”

Michael Meister, who most recently came from a position as director of IT Relation A / S, has great ambitions. He says “I see really exciting opportunities to create further growth and increase market position within the new business areas that Cibicom is already working on. Cibicom rests on a solid foundation, which provides a very good starting point to work on. A foundation that we must continue to invest in in every way at the same time ”.

Source: IT-Kanalen by

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