Europolitan to Sell Network Capacity to Mobile Operator Mobyson.Business Editors STOCKHOLM Stockholm (stŏk`hôlm'), city (1995 pop. 692,954), capital of Sweden and of Stockholm co., E Sweden, situated where Lake Mälaren flows into the Baltic Sea. , Sweden--(BUSINESS WIRE)--Feb. 21, 2001 Europolitan and mobile operator Mobyson, which specifically targets young people, have signed a long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. service provisioning agreement, whereby Mobyson will buy capacity in Europolitan's GSM (Global System for Mobile Communications) A digital cellular phone technology based on TDMA that is the predominant system in Europe, but also used worldwide. Developed in the 1980s, GSM was first deployed in seven European countries in 1992. network and offer mobile subscriptions and services under its own brand. Mobyson's target group is Europe's younger generation between the ages of 17 and 32 and the company's service offering has a strong emphasis on entertainment and gaming. "Not only will the agreement with Mobyson boost our revenues, it will also increase the return on our investments in infrastructure and systems. In addition, it will enable us to join Mobyson in reaching the younger generation of mobile users who form one of the driving forces behind the development of tomorrow's mobile services," says Anders Anders is a name in Scandinavian languages, the equivalent of the Greek Andreas ("manly") and the English Andrew. Anders is the German word for different. In Sweden, Anders has been one of the most common names for many centuries. Sjoholm, Business Area Manager at Europolitan's Network Business. "Europolitan is an ideal working partner for Mobyson. We complement each other on the market and Europolitan's 3G licence, together with its generally recognised high network quality standards, now allows us to offer our customers exciting new mobile solutions in Sweden Sweden, Swed. Sverige, officially Kingdom of Sweden, constitutional monarchy (2005 est. pop. 9,002,000), 173,648 sq mi (449,750 sq km), N Europe, occupying the eastern part of the Scandinavian peninsula. as well," says Jonas Kjellberg, Managing Director of Mobyson. Mobyson plans to start launching its services in Sweden during the course of the year. Europolitan AB is a Swedish GSM operator with a license to build a 3G mobile network. The company's head office is in Karlskrona Karlskrona (kärlskr  `nä), city (1990 pop. 31,100), capital of Blekinge co., SE Sweden, on the Baltic Sea. It is a seaport and fishing center with a large modern port. , Sweden. Europolitan is a leading developer of technically advanced services. The Europolitan Group comprises the stock market listed parent company Europolitan Holdings AB, as well as the subsidiaries Europolitan AB, Europolitan Stores AB, Ocom AB, Doberman AB and Mobile Relations AB. The Group has around 1,300 employees. Mobyson is part of the new generation of mobile operators and focuses on the sale of mobile entertainment and value-for-money mobile telephony Meaning "sound over distance," it refers to electronically transmitting the human voice. In the beginning, telephony dealt only with analog signals in the circuit-switched networks of the telephone companies. . Mobyson is the first player specifically to target Europe's young mobile generation, which covers people between the ages of 17 and 32. Mobyson has been a successful virtual mobile operator in Norway since October 2000. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. : http://www.bit.se/bitonline/2001/02/21/20010221BIT00650/bit0002.doc http://www.bit.se/bitonline/2001/02/21/20010221BIT00650/bit0002.pdf |
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