Year End Report 1998
FOR IMMEDIATE RELEASE Thursday, February 25, 1999 NETCOM AB ANNOUNCES OPERATING RESULTS FOR THE FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 1998 @ 48% Annualized Increase in Group Operating Revenue 126% Annualized Increase in Operating Profit from Mobile Telephony Operations @ 93% Annualized Increase in Tele2 Sweden's Fixed Telephony and Internet Subscribers @ 170% Annualized Increase in Activated Prepaid Card Customers New York and Stockholm - February 25, 1999 - NetCom AB ("NetCom") (Nasdaq : NECSY), the leading alternative provider of telecommunication services in Scandinavia, today