InCoax Networks Accelerates Market Focus Under New CEO Jakob Tobieson

The Board of Directors of InCoax Networks has, in consultation with CEO Jörgen Ekengren, decided to appoint Jakob Tobieson as the new CEO. 

The decision marks that InCoax is entering a new phase, shifting from development-intensive to market-driven and growth-focused, which calls for a more commercial and externally oriented leadership. The decision takes effect immediately.

Jörgen Ekengren will remain as a senior adviser during a transition period to ensure continuity and an orderly handover.

Jakob Tobieson has served as Chief Operations Officer (COO) at InCoax since April 2023 and previously spent more than ten years at Telia Company. There, he held leadership roles as Sourcing Director with global responsibility for IT software and services, cloud services, and Telia’s procurement of mobile devices. Earlier in his career Jakob worked at Tetra Pak with supplier development and international production and has extensive experience leading transformation and efficiency programmes. He holds an M.Sc. in Mechanical Engineering from Lund University, Faculty of Engineering.

InCoax is now focusing on scaling its business through partnerships and direct sales to Tier 1 operators and system vendors. The goal is to transform the company from a development-driven project into a commercial, cash-flow-positive growth company with global reach. With Jakob Tobieson at the helm, InCoax is expected to achieve greater scalability, improved cost efficiency and strengthened profitability through data-driven decisions, focus on business-critical partnerships and strict capital discipline.

This information is such information as InCoax Networks is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out below, at 08.30 CET on November 6, 2025.