Swedish telecom operator Telia to enter the Hungarian Market

Swedish telecom operator Telia to enter the Hungarian Market Telia International Carrier, a wholly owned subsidiary of Telia, the leading Internet and communication company in Scandinavia has started its operations in Hungary. The aim is to provide carrier services to telecom and Internet service providers, without targeting the end user market. An office has already been opened in Budapest, and a technical point of presence (PoP) has been set up at Váci út 35 with a 155MB connection to Telias international network. - The location of our PoP offers cost efficient interconnection for our customers through the major local network providers in Hungary. And with capacity representing some 30% of the total international bandwidth to Hungary we are now in a great position to seize a substantial part of the IP and leased line market, says Albert Búzássy who is managing Telia International Carriers operations in Hungary. Telia International Carrier can offer telecom and Internet service providers full circuit leased lines of 2MB, 34/45MB or 155MB to any of Telias PoP:s in the rapidly expanding Viking network between major cities in Europe and the US. Telia International Carrier can also offer Tier 1 Internet connectivity in bandwidth ranging from 256K to 155MB, and platforms for value added services such as Voice over IP and Virtual Private Networks. For further information to journalists please contact: Mr Lars Rydin, President Telia International Carrier +46 8 605 45 50 About Telia International Carrier Telia's wholly owned subsidiary Telia International Carrier provides services within IP, Capacity, Voice and Infrastructure to the rapidly growing international wholesale customer segment. Today the company is the leading European carrier of transatlantic IP traffic to the U.S. The wholly owned multi-fiber optic network, the Viking Network, provides high capacity bandwidth and offers end-to-end connectivity round the world. The network is a giant investment-intensive venture designed to expand Telia International Carrier to cover Scandinavia, Europe and the U.S. by 2001. The infrastructure in Europe is designed as a multi-duct network connecting all significant cities in regards to IP and telecommunications. At the present the Viking Network covers 7000 route kilometres and connects 29 cities. By the end of 2000 the network will cover 30000 route kilometres throughout Europe and the U.S. connecting 40 major cities. Telia is the leading Scandinavian Internet & Communication Company. Operating from the position as the largest player in the expanding North European market, Telia has established a strong global presence with representation all over the world. The turnover of the company in 1999 was SEK 52 121 million (1563 billion HUF) and it employs 30 600 people. Visit Telia on the Web at www.telia.com or www.telia.net ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/06/21/20000621BIT01040/bit0001.doc http://www.bit.se/bitonline/2000/06/21/20000621BIT01040/bit0002.pdf