B2 Bredband Announces Sale of 3G share to Orange

B2 Bredband Announces Sale of 3G share to Orange Stockholm, Tuesday October 2, 2001. B2 Bredband AB (publ.) ("B2" or "Bredbandsbolaget") is pleased to announce today that it has reached an agreement with Orange SA for a sale of B2 Bredband Mobile 34% share in the 3G consortium Orange Sverige AB. Following the purchase Orange SA now holds 85% up from 51%. The other shareholders are Skanska with 10%, NTL with 3% and Shipsted with 2%. The agreement reflects B2 Bredband's sharper focus of its core business of deploying a fiberbased broadband network and providing broadband services to residential users. Today B2 Bredband is providing high speed Internet access of 10 Mbps to 46.000 subscribers out of 144.000 connected households in 32 cities in Sweden. The consortium Orange Sverige AB was awarded a UMTS license in December 2000. "I'm very pleased with our relationship to Orange and also very happy that we have been able to develop the relationship in a way that it benefits both Orange and Bredbandsbolaget. I'm looking forward to an exciting development with Orange on the Swedish market ", says Jan Morten Ruud, President and CEO of Bredbandsbolaget. For further information please contact: Gunnar Sjögren, Director of Information Mobile: +46 733 81 90 34 E-mail: gunnar.sjogren@bredband.com About B2 Bredband AB (publ) B2 Bredband AB is a market leader in the area of broadband communication in Sweden and offers fiber to the building to deliver LAN-Ethernet broadband services to households and small companies. Its goal is to create the world's first genuine two-way broadband infrastructure with access to data, voice and video. Broadband involves communication capacities far in excess of the narrow band Internet and modem connections. B2 Bredband offers its customers the market's quickest connection with 10 Mbit/s in both directions. A local Ethernet router is installed in the property and connected via a fiber-based area network to a city network and to the national fiber-optic grid. Major owners are NTL, Investor, The Carlyle Group, Continuum Group Ltd and Access Industries. The company was founded in 1998 and is today present in Sweden, Norway and Denmark. On the 30th of August 2001 the company had 46 000 subscribers in Sweden. Web site: www.bredband.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/10/02/20011002BIT00400/bit0001.doc http://www.waymaker.net/bitonline/2001/10/02/20011002BIT00400/bit0001.pdf