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Bredbandsbolaget and Glocalnet form strategic co-operation: First with Telephony at Flat rate

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Bredbandsbolaget and Glocalnet form strategic co-operation: First with Telephony at Flat Rate Stockholm, Sweden-December 28, 1999 - Glocalnet and Bredbandsbolaget have teamed together to offer telephony services of the future to customers of Bredbandsbolaget. Starting from the beginning of next year, a test group of customers from Bredbandsbolaget will be offered the possibility of becoming equal access customers at Glocalnet. This means that they will be able to place an unlimited number of calls within Sweden for a flat rate of only SEK 149 per month. "Together with Bredbandsbolaget, we will offer simple, modern communication at a competitive price. The whole telecom industry has been talking about flat rate. Bredbandsbolaget and Glocalnet are now doing something about it together. We make it even easier for customers to take control of their costs", says Stefan Krook, CEO of Glocalnet. This offer is the first step in the strategic co-operation. The goal of Glocalnet and Bredbandsbolaget is to offer their joint customers a new telephony subscription totally via the broadband network, so-called IP- telephony. These customers will no longer need a subscription at Telia. "Glocalnet is the operator in Sweden that today already bases their service platform for telephony totally on the new IP technology. This complements Bredbandsbolaget's range of services extremely well", emphasizes Peter Ekelund, CEO of Bredbandsbolaget. "Through Bredbandsbolaget's extensive expansion of an IP-based access net, new types of services will be able to be supplied to households. Bredbandsbolaget together with Glocalnet can make life both easier and less expensive for customers", concludes Peter Ekelund. About Glocalnet Glocalnet is a next-generation telecommunications company that combines telecommunications and IP networking technology to produce smart, cost- effective services. The Company markets its services together with local marketing partners such as Birka Energi, with which Glocalnet has close co-operation. Glocalnet's headquarters are located in Stockholm, Sweden. The company's stock is listed on the Reuters page of Aragon, a Swedish investment bank. About Bredbandsbolaget Bredbandsbolaget is a limited liability company which was founded in 1998 and grew out of the IT consultancy company Framtidsfabriken, which also owns 8,2% of the company. Bredbandsbolaget is aiming to become Scandinavia's leading on-line supplier of broadband services. Their goal is to create the world's first genuine infrastructure in the broadband field, as well as to continually keep up with the latest media and communications developments. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/12/28/19991228BIT00070/bit0001.doc http://www.bit.se/bitonline/1999/12/28/19991228BIT00070/bit0002.pdf