Arrowhead AB to focus on broadband

Arrowhead AB to focus on broadband Arrowhead AB, a Vattenfall-owned company, is to sell its consulting operations and focus its activities on broadband. The deal will affect approximately 100 of the employees of Arrowhead AB. The Östersund-based part of the consulting operations will be taken over by Länsförsäkringar Liv, while the consulting business in Sundsvall, Stockholm, Linköping and Malmö will be transferred to TietoEnator. The consultants to be employed by TietoEnator will be incorporated into their new organisation as early as 15 October. Arrowhead's consulting operations in Östersund will be taken over by Länsförsäkringar Liv AB on 1 January 2002. "This deal will give us the opportunity to sharpen the focus of our activities and concentrate on our role as a broadband operator," says Sune Lundin, Managing Director of Arrowhead AB. Arrowhead's vision is to be one of the leading suppliers of high-quality broadband services to companies in Sweden by 2003, and to be able to offer Swedish companies high-capacity services in Scandinavia and the Baltic region. Issued by Vattenfall's Press Office, telephone +46 8 739 50 10. For further information please contact: Sune Lundin, Managing Director Arrowhead AB, tel: 020-110 20 30, 0706-22 70 77. Karl-Erik Olsson, Press Director, Vattenfall, tel: 08-739 75 83, 070-538 81 38. Vattenfall's vision is to be a leading European energy company. The Nordic region, Poland and Germany are its domestic markets. Today, Vattenfall generates power and supplies energy solutions to several million customers in the Nordic region and northern Europe. The largest electricity customers are industrial plants and energy companies. Vattenfall's main products are electricity, heat and natural gas, as well as network, consulting and maintenance services. The Group's net sales in 2001 are calculated to around SEK 70 billion. Arrowhead, a wholly-owned subsidiary of Vattenfall AB, is one of Sweden's new operators of the broadband network. The company's business concept is to supply high-quality broadband solutions and advanced services to companies. Arrowhead uses broadband to connect companies all the way from the Internet, via the national grid, regional networks and urban networks, to access at the place of work. Arrowhead has developed sound competence in the areas of systems integration and customer service, and this ensures that every investment provides a good return for the company's clients. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/09/24/20040817BIT21680/wkr0001.pdf