Hi3G sign Frame agreement with PNB and Prenad regarding 3G infrastructure roll-out in Sweden

Hi3G sign Frame agreement with PNB and Prenad regarding 3G infrastructure roll-out in Sweden Hi3G has entered into frame agreements with PNB and Prenad regarding the roll-out of infrastructure for the third-generation mobile telecommunication (3G). The frame agreement covers the design and construction of base stations in Sweden. The frame agreements with PNB and Prenad apply to a turnkey contract covering project management, design, construction and telecom pre- installations for base stations in the Malmö region. The number of base stations to be constructed under the contract will be decided over time. "The cooperation with PNB and Prenad gives us further resources in the rollout of the infrastructure that is needed for Hi3G's future service offering", says Chris Bannister, CEO Hi3G. "We are convinced that both PNB and Prenad will live up to our high demands with regards to quality and care for the environment." "Through the cooperation with Hi3G, PNB is strengthening its position and leverage in terms of building the new infrastructure", says Percy Nilsson, CEO, PNB. "We are proud of the commission to take part in building the new generations mobile communication." For more information please contact: Niclas Lilja, Director Communications, Hi3G Telephone: +46 7 33 55 70 90, e-mail: niclas.lilja@hi3gaccess.se Jörgen Askeroth, CTO, Hi3G Telephone: +46 7 33 55 70 30, e-mail: jörgen.askeroth@hi3gacess.se Mikael Brunnsäter, Business Development, PNB Telephone: +46 70 233 2874, e-mail: mikael.brunnsater@pnb.se Bertil Olsson, Branch Manager, Prenad AB Telephone: +46 40 671 71 00, E-mail: bertil.olsson@prenad.se Hi3G's ambition is to become the leader in the Scandinavian 3G market. The company has Swedish and Danish 3G licences and will offer attractive and innovative mobile multimedia services. Being a pure 3G company with global reach makes Hi3G focused and strong. The company is owned by Hutchison Whampoa (60%) and Investor AB (40%), who have solid network and industry track records worldwide. Hi3G is building its customer offering together with other Hutchison Whampoa companies, that hold 3G licences in Australia, Austria, Hong Kong, Israel, Italy, and the United Kingdom. Please stay in touch and visit www.hi3gaccess.se. www.pnb.se www.prenad.se ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/03/07/20020306BIT01190/wkr0001.doc http://www.waymaker.net/bitonline/2002/03/07/20020306BIT01190/wkr0002.pdf