Advanced Television

Forsway adds to Board of Directors

May 25, 2022

Forsway, a Swedish provider of broadband solutions that combine satellite and telecom networks, has appointed two new Directors to its Board in Karin Thurberg and Siebren de Boer.

“We are very pleased to welcome Karin and Siebren to the Forsway Board of Directors,” said Mats Andersson, Chairman. “Their deep knowledge and experience from industry-leading companies in the telecom and financial sectors will generate new valuable insights and guidance for our expansion plans.”

Thurberg commented: “Forsway’s unique solution offers affordable broadband to geographical areas on the globe where existing telcos simply cannot meet the market needs. The combination of satellite and telecom networks creates entirely new opportunities to connect the four billion people in the world who lack broadband services, effectively tackling the digital divide. I look forward to working with the team to drive Forsway’s continued expansion in both established and emerging markets.”

de Boer said: “In today’s capital markets, there is a continuously growing demand for investment opportunities in future-oriented communications solutions with a large market potential. Forsway is entering the international ecosystem for broadband services at the right moment, and we can already see significant interest from several customer segments globally. We are now capitalising the company for rapid expansion to meet the market demand. I am proud of the opportunity to contribute to Forsway’s global growth.”

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