Bredbandsbolaget and Novestra Start Collaboration.Business Editors STOCKHOLM, Sweden--(BUSINESS WIRE)--Aug. 24, 2000 Bredbandsbolaget and Novestra have agreed to start a collaboration expanding the existing relationship related to Novestra[acute accent acute accent n. A mark (´) indicating: a. that a vowel is close or tense, as é in French été. b. that a vowel or syllable has a high or rising pitch, as in Chinese or Ancient Greek. c. ]s ownership in Bredbandsbolaget. The collaboration will initially be focused on finding projects and companies working with new services for wireless as well as fixed broadband that can be delivered based on i.a. the system platform developed by Bredbandsbolaget. "This project is the first in what we hope to be a number of collaboration projects," says Bredbandsbolaget's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Jan Morten Ruud. "The collaboration covers i.a. investments and broadband services that we can develop with Novestra, which has communication and information services See Information Systems. as a main focus in its venture operations." "The collaboration represent interesting opportunities for Evestra in our efforts to identify services and products, especially within the fast growing experience industry. In addition, the collaboration will probably give us opportunities to evaluate and invest in additional companies within the broadband sector. Wireless and mobile broadband Description Mobile Broadband is a type of wireless internet access that differs from Wi-Fi. Mobile Broadband is the name used to describe the 3G services which are made possible by HSDPA and HSUPA, the latest technologies on the W-CDMA evolutionary path. services is also an interesting area were we already have made investments," says Novestra's COO, Thomas Akerman. Bredbandsbolaget (B2) specialises in the provision of two-way broadband services in Scandinavia and Europe. It was established in the summer of 1998 to fill a gap in the supply of broadband access See broadband and wireless broadband. and services available to private persons and households. B2 was set up by Internet consultant Framfab, and other major shareholders include NTL NTL Nevertheless NTL National Transportation Library NTL Norsk Tjenestemannslag NTL National Training Laboratories NTL Never Too Late NTL Nothing to Lose NTL National Training Laboratory NTL None the Less NTL Number Theory Library , Intel, the Carlyle Group  The of this article or section may be compromised by "weasel words".You can help Wikipedia by removing weasel words. The Carlyle Group is a Washington, D.C. , Morgan Stanley  To comply with Wikipedia's , the introduction of this article needs a complete rewrite. Dean Witter, Investor and
Novestra. Website: www.bredband.com.
Novestra is one of the leading venture capital investment firms in the Nordic countries, primarily with a focus on companies providing enabling services and technologies to the network economy. Novestra's portfolio of companies includes Bredbandsbolaget (B2) AB, Continuum Group Ltd, Fanglobe Inc, IQUITY Systems Inc, Mobilestop.com Inc, Netsurvey Bolinder AB, PowerNet AB and Qbranch AB. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/08/24/20000824BIT00430/bit0001.doc http://www.bit.se/bitonline/2000/08/24/20000824BIT00430/bit0002.pdf |
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