HP and Cisco Suppliers to Tele1 Europe's Nordic Broadband Network

HP and Cisco Suppliers to Tele1 Europe's Nordic Broadband Network Tele1 Europe and Hewlett Packard have signed a strategic collaboration agreement. Hewlett Packard will be the main supplier of the service platform for Tele1 Europe's Nordic broadband network. Acting as subcontractor, Cisco will supply the network equipment. The agreement spans over a three-year period and is valued at approximately 300 MSEK. For Hewlett Packard the assignment entails the total responsibility for the installation and operation start-up of the service platform with the adherent data network equipment that is part of Tele1 Europe's broadband network to the customer. We chose a co-operation with Hewlett Packard due to the fact that they are far advanced in regards to the development of next generation data and Internet service. Cisco, the supplier of the network equipment, is world- class within their field of expertise," says Ivar Strömberg, Chief Executive Officer for Tele1 Europe. Our cooperation with Tele1 Europe is a part of our efforts to meet the requirements for the next generation's broadband services. Tele1 Europe has everything needed to succeed, a modern infrastructure for access that supports all types of data and telecommunication," says Mats Oretorp, Marketing Manager at HP Datorsystem. During the first quarter this year, Tele1 Europe expects to have already connected its first broadband customers. This will mark the starting date for our broadband services to companies in the Nordic Region, based on fiber all the way to the end customer. This makes Tele1 Europe unique since we are aiming to own the local high-speed networks ourselves and purchase the other segments of our Nordic network from other network owners," explains Ivar Strömberg. For more information, please contact: Tele1 Europe Holding AB Ivar Stromberg, Chief Executive Officer Telefon: +46 8-56 31 00 01. Mobil: +46 701 81 00 01 E-mail: ivar.stromberg@tele1europe.se Hewlett Packard Lars Tellstig, HP Datorsystem Mobil: +46 70 600 2898 E-mail: lars_tellstig@hp.com About Tele1 Europe Tele1 Europe is a fast growing data and telecommunications operator with operations in Denmark, Finland, Norway and Sweden. The business concept is to offer broadband solutions for data, telephony and Internet to large and mid-sized companies and organizations within the Nordic Region. Tele1 Europe is today the only Nordic data and telecommunications operator who has invested in local access networks with the broadband capacity. The extension of the network will start in the nine largest cities of the Nordic Region. The access network that connects with the trunk distance network, will be Europe's fastest highway for data- and Internet traffic with an initial capacity of up to one gigabit to the customer. About Hewlett Packard Hewlett-Packard Company -- a leading global provider of computing and imaging solutions and services for business and home -- is focused on capitalizing on the opportunities of the Internet and the proliferation of electronic services. HP plans to launch Agilent Technologies as an independent company by mid- calendar 2000. Agilent consists of HP's test and measurement, semiconductor products, chemical analysis and healthcare solutions businesses, and has leading positions in multiple market segments. HP has 83,200 employees worldwide and had total revenue from continuing operations of $42.4 billion in its 1999 fiscal year. Information about HP, its products and the company's Year 2000 program can be found on the World Wide Web at http://www.hp.com. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/01/10/20000228BIT00730/bit0001.doc http://www.bit.se/bitonline/2000/01/10/20000228BIT00730/bit0002.pdf