Glocalnet continues to cut prices
Glocalnet continues to cut prices Stockholm, Sweden-June 8, 2000 - Glocalnet announces that they will be lowering prices on Glocalnet's already leading price levels to international destinations by up to 60%. Now all international calls will be significantly lower than both Telia and Tele2's rates. Following this immediate price cut for private/residential customers, all international destinations will be from 28-83% cheaper than Telia and 10- 50% cheaper than Tele2. Additionally, Glocalnet will continue to offer competitive rates to mobile telephones - up to 39% lower prices than Telia and Tele2. Prices for local and national calls during peak hours are also cheaper than the two biggest operators' rates - by up to 5% "As always our goal is to give customers a great offer on telephony. With our new, even lower prices, we have further strengthened our position in the Swedish private telephony market. In the future we will continue to offer even lower prices together with good customer service and advanced new communication services - hence providing an even stronger reason to be a Glocalnet customer," comments Stefan Krook, CEO and Founder of Glocalnet. An entire price list may be found on www.glocalnet.se. Glocalnet develops and provides communication services sold directly to the end customer or alongside marketing partners. This year, Glocalnet intends to become Sweden's third largest fixed private telephony player. The company's vision is to become a leading operator of Internet-based services in Northern Europe. Glocalnet has strategic collaborations with corporations such as Cisco Systems and Portal Software. Glocalnet is headquartered in Stockholm, Sweden, and the company's stock is quoted on Stockholm Exchange's O list. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/06/08/20000608BIT00780/bit0001.doc http://www.bit.se/bitonline/2000/06/08/20000608BIT00780/bit0002.pdf