Change in the Board of Directors

On 13 December 2017, Xfile AS, owned by Aril Resen, a board member of NextGenTel Holding ASA (the “Company”), sold all its shares in the Company. Following this sale, Aril Resen has informed the nomination committee that he wants to leave his board position. Resen will not be replaced until the annual general meeting in April 2018.

About Us

The NextGenTel Group is a major player in providing fixed and mobile Internet communication services to consumers and businesses with a #2 position within xDSL broadband in the Norwegian market. The range of services covers access independent broadband, data net, Ethernet, VoIP, mobile and TV. In addition, the Group provides VoIP services to consumers in Denmark, Switzerland and the Netherlands. The company is headquartered in Oslo, Norway and is listed on the Oslo Exchange as NGT. NextGenTel's mission is to be a major force in defining and providing fixed and mobile internet communications to the consumer and small businesses.