HiQ extends framework agreement with Teracom and signs new framework agreement with Comet Networks

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Teracom has chosen to extend its framework agreement with HiQ. The framework agreement, which is now effective until 2010, covers consulting services within technical sales support, network and technical strategies, network specialists and project management. At the same time, Teracom’s wholly owned subsidiary Comet Networks is signing a new framework agreement with HiQ. The content of this framework agreement is the same as for Teracom.

“HiQ has worked in partnership with Teracom for many years with very good results. So we are especially pleased that Comet Networks has also decided to sign a framework agreement. We have sound knowledge and substantial experience of delivering consulting services for the operators of today and tomorrow. Teracom is Sweden’s first media operator and is at the forefront of infrastructure and new technology. We are now looking forward to continued good cooperation with both Teracom and Comet Networks,” says Bo Ringdahl, Managing Director of HiQ Stockholm.

HiQ and Teracom have worked together for many years and the companies have had a framework agreement since 2004. In recent years Teracom’s work has largely concerned product development and product management, processes and streamlining of various types of IT support.

About Teracom
Teracom is Sweden’s first media operator. The group comprises Teracom AB, Boxer TV-Access AB and Comet Networks. Teracom offers services in the areas of radio and TV, as well as co-location and services in a nationwide infrastructure. Boxer offers households pay TV services, which are distributed via Teracom’s network, while Comet Networks provides the group’s broadband offering. The group has net sales of approximately SEK 3.2 billion and employs around 600 people. For more information visit www.teracom.se

About Comet Networks
Comet Networks is a company in the Teracom group focusing purely on broadband operations. Comet Networks aready reaches more than 650,000 households and 80,000 companies, and the number of accesses is steadily growing as new partnerships are made with city networks, municipalities and property owners who choose to use Comet as their communications operator for broadband networks.

For further information, please contact:
Bo Ringdahl, Managing Director HiQ Stockholm, tel.: +46 (0)8-588 90 000
Annika Billberg, Head of Corporate Communications HiQ,
tel.: +46 (0)8-588 90 015, +46 (0)704-200 103

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