Utfors AB to apply for a UMTS license in Sweden

Utfors AB to apply for a UMTS license in Sweden Utfors AB is planning to apply for one of the UMTS licenses for mobile services that PTS will be issuing during the second half of 2000. Utfors AB has chosen to work with Northstream, the leader within UMTS and 3G matters on a global basis. Northstream will be a strategic adviser during the application and platform selection processes. Utfors AB is planning future services that, besides mobile telephony, will also include, for example, mobile Internet and mobile multimedia - the sort of services that can be offered in future mobile networks. Utfors is building the most cost-effective and, capacity-wise, largest IP backbone network in Sweden, meaning that third generation mobile IP services can naturally be added directly to the existing IP platform. A great deal of the mobile service range in the network will be based on the new broadband portal platform that Utfors AB will be launching for its broadband customers in the spring, 2000. Utfors was the first company to offer free Internet subscriptions and to launch local call rates for the whole of Sweden. The company is a leading Swedish data and telephony operator with its own infrastructure. It provides IP based (Internet Protocol) high-speed services to companies and private customers in the Nordic region. In 2000, Utfors will be setting up a 6,000 km long broadband network for data and telephony that will connect 75 of the largest cities in Sweden as well as Oslo, Copenhagen, other large Danish cities and Helsinki. Utfors employs approximately 130 people in Stockholm, Uppsala and Överkalix and currently has over 200,000 telephony and Internet customers. Utfors AB's principal owners are Norsk Vekst and Litorina Kapital, as well as a number of institutional investors. For more information please contact: Jan Werne, Managing Director Tel: +46 8 5270 2000 or +46 70 848 25 40 e-mail: jan.werne@utfors.se www.utfors.se ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/02/22/20000222BIT00420/bit0001.pdf http://www.bit.se/bitonline/2000/02/22/20000222BIT00420/bit0002.doc