Business Wire

Sagemcom AMI Solution, a Key Driver in the Swedish Energy Transition to a Sustainable Future

21.9.2020 11:30:00 EEST | Business Wire | Press release

Share

In September, ELLEVIO will continue to improve the Swedish electricity system by being one the first Nordic DSO to start its 2nd generation smart meters large scale rollout. This massive rollout is the result of joint achievements between ELLEVIO, Sagemcom and its local Partner, ONE Nordic.

Since the award in March 2019, Sagemcom has developed and delivered a new generation of S211 single phase meters and T211 polyphase meters which allow ELLEVIO to take up the new energy landscape and customer care. The advanced deep indoor dual cellular technology LTE NB IoT + LTE Cat-M is used to secure the reliability of the solution.

In less than 8 months and within a specific context, Sagemcom has developed and certified the new generation of smart meters which are installed in the field by ONE Nordic since June 2020 in Stockholm area. The new key features have already been deployed offering a combination of end-user experience - through a customer local interface (P1 Port) - and Low-Voltage network management; with alarms delivery including ‘Last gasp’ messages sent in case of power outage, neutral fault detection, harmonic distortion, remote on-demand operations, etc… Such metering capabilities represent the drivers of future grid monitoring to provide end-customers service at its best. As of today, the first return of experience has reached very impressive results with a connectivity service level above 99% allowing to kick off the start of the large scale roll out starting September 2020 in all the region where Ellevio operates as network owner.

Furthermore, the evolutivity of the solution is guaranteed by field proven mass firmware update campaign possibility to ensure that today’s end-to-end solution will comply with tomorrow’s requirements. In this manner, the long-term Partnership with ELLEVIO, ONE Nordic and Sagemcom contributes to the future sustainable energy ecosystems.

“The strong and transparent partnership between Ellevio, Sagemcom and ONE Nordic has resulted in the completion of a very successful full scale pilot, deploying the solution and metering equipment for our customers in the field, hence, Ellevio’s program for the next generation of smart metering now proceeds with the mass rollout of this new technology. We are simultaneously taking very important steps towards the much needed energy transition. The introduction of smart metering is a fundamental component in the smart grid, which is necessary to increase and enable the electrification of our societies and to provide enhanced energy insight to our customers”, said Johan Löwemo, Head of the Program at Ellevio.

This ambitious project strengthens Sagemcom European leadership in Smart Metering solutions and its capacity to fulfil on its customers’ objectives.

About Ellevio:

Ellevio is one of the largest distribution network operators In Sweden. Ellevio invests in, develops and maintains the company’s power grids in order to ensure a reliable electricity supply to more than 960,000 customers. Ellevio is currently deploying its 2nd generation smart meters from 2020 to 2023. The company is headquartered in Stockholm.

Website: https://www.ellevio.se/en/English/

About ONE Nordic:

ONE Nordic is one of the leading suppliers of technical services, maintenance services and contracting services in Sweden. We help energy producers, energy suppliers and energy users to build, maintain, modernize and optimize their facilities. It composed a group of companies with a turnover of approximately SEK 2 billion and about 1000 employees, which headquarters are located in Malmö.

Website: www.one-nordic.se/

About Sagemcom

Sagemcom is a leading European group on the high added-value communicating terminals market (broadband solutions, audio video solutions, and smart grid end-to-end solutions) which is based in France. Group turnover totals €2.1 billion, the headcount of 5,500 employees works in more than 50 countries.

www.sagemcom.com // https://www.linkedin.com/company/sagemcom // www.facebook.com/SagemcomOfficial // https://twitter.com/Sagemcom //

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Media
Sylvaine COULEUR
presse@sagemcom.com

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

TOURISE and Oxford Economics Release New Global Report on Tourism Resilience in an Era of Permanent Disruption17.8.2026 17:33:00 EEST | Press release

TOURISE, in collaboration with Oxford Economics, today released a new report, “Resilience in a World that Doesn’t Reset: Redesigning Tourism for an Era of Permanent Disruption.” The analysis of 85 major crises over two decades shows a clear pattern: in a world defined by continuous shocks, destinations that act before disruption hits recover up to 1.5 times faster than those that wait. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260817880835/en/ “In a world that does not reset between crises, disruption is a constant feature of the global tourism landscape,” said His Excellency Ahmed Al-Khateeb, Minister of Tourism of Saudi Arabia and Chairman of TOURISE. “The real test for destinations measures how they prepare for volatility, protect traveler confidence, and maintain continuity ahead of such events.” Using the current Middle East crisis as a lens, where Gulf hubs carry roughly 14 percent of global transit traffic, the r

The Expensify Visa® Commercial Card Brings New Proactive Spend Controls to 14 Countries17.8.2026 16:00:00 EEST | Press release

Expensify, Inc. (Nasdaq: EXFY), the easiest way to manage expenses, travel, and corporate cards, today expanded the reach of Expensify Card spend rules, the market-leading way for businesses to control corporate card spend before it happens. Available to businesses in 14 countries, spend rules let admins decide exactly how, where, and when each Expensify Card can be used, so only compliant transactions go through. Unlike traditional corporate cards that rely on after-the-fact expense review, the Expensify Card enforces policy at the point of purchase. Admins set the rules once, and the card handles the rest. With Expensify Card spend rules, admins can: Lock a card to a subscription. Give each recurring SaaS tool its own virtual card, so a vendor can only ever charge what it should. If the card owner changes teams or leaves, the subscription keeps running, with no swapping cards and no missed payments. Cover a one-time purchase. Issue a virtual card for a single transaction like event r

Riskified Analysis Finds Travel Fraudsters Are Adapting Faster Than Traditional Signals Can Keep Up, With May Flight Risk Up 32%17.8.2026 15:30:00 EEST | Press release

Riskified (NYSE: RSKD), a global leader in ecommerce fraud and risk intelligence, today released new findings from its Travel Industry Insights report, revealing how sophisticated fraud rings and AI-enabled fraudsters are evolving their tactics across airlines, hotels, and online travel platforms. Riskified’s analysis shows that fraudsters are increasingly adapting their behavior to resemble legitimate travelers, making traditional fraud indicators less reliable and creating new challenges for travel merchants. Riskified’s analysis of hundreds of millions of travel transactions across flights, hotels, and land transportation found that flight fraud risk increased through the first five months of 2026, with May 2026 marking the sharpest year-over-year increase at 32% compared to May 2025. The findings show that sophisticated fraud activity is not limited to predictable travel peaks, with organized fraud rings continuously adjusting their methods throughout the year. Riskified's travel n

PIF Delivers Strong Revenue and Profit Growth in 202517.8.2026 14:54:00 EEST | Press release

PIF today published its 2025 Annual Report demonstrating strong financial performance and continued progress against its long-term objectives. As a long-term investor with a unique mandate to drive the economic transformation of Saudi Arabia and deliver sustainable financial returns, PIF maintained a diversified portfolio in 2025, balancing returns with national impact and long-term resilience. Maintaining Financial Discipline In 2025, revenue rose 9% year on year to $120 billion, while net profit more than doubled to $17 billion, supported by stronger contributions from maturing portfolio companies. PIF retained over $900 billion in assets under management and achieved an annualized total shareholder return of 5.8% since 2017. Total shareholder return in 2025 was positively driven by increased dividends from portfolio companies and returns from financial investments. It was also impacted by downward movements in the valuations of some assets, as a result of wider market conditions, an

Foundever Successfully Closes a Holistic Recapitalization, Reducing its Debt by Nearly $900 Million and Strengthening its Financial Position for Long-Term Growth17.8.2026 14:30:00 EEST | Press release

Foundever Group S.A.® (“Foundever” or the “Company”) – a global leader in integrated customer experience, digital operations and analytics services, today announced that it has successfully closed a holistic recapitalization (the “Transaction”) in coordination with 95.4% of the lenders under its term loan facility (“Term Loan Lenders”), 100% of its revolving credit facility lenders (“RCF Lenders”), and the Company’s existing majority shareholders. The Transaction meaningfully strengthens Foundever’s financial foundation and positions the Company to invest in its growth strategy. Key terms of the Transaction include: Company's existing majority shareholders invest $225 million into common equity. Term loan facility exchange reduces the Company's total debt by nearly $900 million. Revolving credit facility maturity date is extended by more than four years to December 2030, and term loan maturity date is extended by more than 2.5 years to March 2031. Certain of the Company's RCF Lenders p

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye