HiQ to assist Priority Telecom with business development

HiQ to assist Priority Telecom with business development HiQ has been commissioned to assist Priority Telecom, a subsidiary of the international telecoms operator UPC, United Pan-Europe Communications, with the development of their new international operator business and telephony services. Priority Telecom is part of UPC's new focus on telecoms. The company develops Europe's cable networks into advanced broad band networks for telephony and other services. "HiQ's management assignment involves business planning and development, as well as financial strategies for a considerable length of time. The focus is on long-term growth strategies and the assignment is well within the scope of HiQ's expertise. Since 1995, we have helped customers earn money on new technology and new services. HiQ's international expansion is also accelerating with the increasing number of international assignments. We see this as a very positive development," says Lars Stugemo, Deputy Managing Director at HiQ. HiQ has longstanding experience of commercial and business development and can offer its customers both top-level expertise and considerable experience of the telecommunications sector. The assignment for Priority Telecom will involve HiQ managing the development of the financial and commercial planning aspects of the operator business. "UPC owns and develops Europe's largest privately owned cable TV networks. This makes the company one of the largest and most interesting players in the field of broad band communication in Europe. UPC currently supplies digital TV, broad band IP, telephony and computer services via its cable TV network. The demand for HiQ's services is increasing from our international customers, particularly in fields where our experience of deregulated telecoms markets is seen as valuable," concludes Stugemo. For more information, please contact: Lars Stugemo, Deputy Managing Director at HiQ, tel: +46 8 588 90 000 HiQ is an IT and management consultancy focusing on high-tech communication and simulation solutions. Formed in 1992, HiQ is now a leader in these fields and the Nordic region is its domestic market. The Group's net sales in 1998 were SEK 152 million and it employs 250 people in Stockholm, Arboga, Gothenburg and Oslo. HiQ is listed on the Stockholm Stock Exchange O-list. .For more information please visit, www.hiq.se ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/01/18/20000118BIT00050/bit0001.doc http://www.bit.se/bitonline/2000/01/18/20000118BIT00050/bit0002.pdf