Henrik Ringmar appointed new President of Tele2 Norway AS
NETCOM AB ANNOUNCES HENRIK RINGMAR APPOINTED NEW PRESIDENT OF TELE2 NORWAY AS Stockholm and New York - March 11, 1999 - NetCom A.B. ("NetCom") (Nasdaq : NECSY), the leading alternative provider of telecommunication services in Scandinavia, today announced the appointment of Henrik Ringmar as the new President of Tele2 Norway AS. Mr Ringmar currently holds the position of Vice President of NetCom AB and has been managing special projects, such as IP- telephony projects. Mr Ringmar has been with NetCom since 1997 and will begin as President of Tele2 Norway AS on March 17. He was formerly at Industriförvaltnings AB Kinnevik. Kenneth Gustfsson, the current President of Tele2 in Norway, will move back to Sweden after two years in Norway and will become responsible for process and development within Tele2 in Sweden. Facts about Tele2 Norway AS The market for public telecommunications in Norway was deregulated in January, 1998, at which time Tele2 Norge launched service using the "1502" prefix and brand. As of December 31, 1998, Tele2 Norge reported 131,000 fixed telephony subscribers, an increase of 75% on the 75,000 subscribers reported at June 30, 1998. Tele2 Norge had a total of 63,000 activated Internet subscribers, as of December 31 1998, compared to 6,000 activated subscribers reported in 1997. For futher information, please contact: NetCom Mediaservice: Phone: + 46 8 5626 46 26 (24 hours service) Henrik Ringmar: Phone + 46 8 56 26 40 00 Kenneth Gustafsson: Phone + 47 21 31 90 00 Internet: www.netcom.se NetCom AB, formed in 1993, is a leading telecommunications company in Scandinavia. It is engaged in the GSM cellular business operating using the brand names of Comviq and Tele2Mobil in Sweden, NetCom ASA in Norway and through subsidiary Ritabell (Q GSM) in Estonia. In the areas of public telecommunications, data communication services and Internet, NetCom operates Tele2 in Sweden, Tele2 A/S in Denmark and Tele2 Norge AS in Norway.NetCom also operates, NätTeknik and Datametrix, specializing in systemsintegration and Kabelvision, a Swedish cable TV services company. NetCom is listed both on the Stockholm Stock Exchange under the symbols NCOMA and NCOMB and on the Nasdaq Stock Market under the symbol NECSY. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/03/11/19990311BIT00050/bit0001.doc http://www.bit.se/bitonline/1999/03/11/19990311BIT00050/bit0002.pdf