Utfors acquires Defero AB

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Utfors acquires Defero AB Utfors has placed a bid on Defero AB, a Gothenburg based Internet operator that focuses on the corporate market. Defero AB was founded two years ago, and has today around a hundred corporate customers located primarily in western and southern parts of Sweden. "Besides a client base within the corporate segment, Defero is providing leading expertise within IP networks and Internet services. The acquisition will enable Utfors to establish a marketing organisation in western and southern Sweden," says Jan Werne, Managing Director of Utfors AB. About Utfors Utfors was the first company to offer free Internet subscriptions and to launch local call rates for the whole of Sweden. The company is a leading Swedish data and telephony operator with its own infrastructure. It provides IP based (Internet Protocol) high-speed services to companies and private customers in the Nordic region. In 2000, Utfors will be setting up a 6,000 km long broadband network for data and telephony that will connect 75 of the largest cities in Sweden as well as Oslo, Copenhagen, other large Danish cities and Helsinki. Utfors employs approximately 130 people in Stockholm, Uppsala and Överkalix and currently has over 200,000 telephony and Internet customers. Utfors AB's principal owners are Norsk Vekst and Litorina Kapital, as well as a number of institutional investors. For more information, please contact: Jan Werne, Managing Director, Utfors AB, Tel: +46 8 5270 2000, +46 70 848 2540 e-mail: jan.werne@utfors.se Michael Berman, Marketing Manager, Utfors AB, Tel: +46 8 5270 2000, +46 70 848 2546 e-mail: michael.berman@utfors.se www.utfors.se Martin Särnberger, Managing Director, Defero AB, Tel: +46 31 745 45 55 www.defero.net ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/03/14/20000314BIT00690/bit0001.doc http://www.bit.se/bitonline/2000/03/14/20000314BIT00690/bit0002.pdf