Tele1 Europe, Telia and Utfors Constructing a Broadband Network in the Northern Coast of Sweden, Norrland.Business Editors & High Tech Writers STOCKHOLM, Sweden--(BUSINESS WIRE)--May 17, 2000 Tele1 Europe, Telia and Utfors have now begun the joint construction of a broadband network along the coast of northern Sweden, Norrland. The long-distance network consists of a total of 1100 km of fibre-optic cable and stretches from Haparanda in the north to Norrtalje in the south. The entire project involves an investment of approximately SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 300-600 million, a cost that is being shared by the three broadband players. "We are three market players who have decided to work together. We believe in Norrland and consider the market potential in the region to be high. We are very pleased about our collaboration and the development will be made possible through the joint excavations," says Anders Brismo Managing Director Tele1 Europe AB, Lars-Gunnar Johansson vice area manager Telia Carrier & Networks and Jan Werne, Managing Director at Utfors in a joint statement. The first sod will be cut in about two week's time, when excavations will begin at two locations simultaneously, Haparanda in the north and Norrtalje in the south. The coast of Norrland will then gradually be connected to the new technology with an anticipated completion around the turn of the year 2000/2001. Access to the technology will provide industry in Norrland with an improved basis on which to develop and the operators' investment will also lead to the creation of many new jobs. About Tele1 Europe Tele1 Europe is a fast-growing data and telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. operator with operations in Denmark, Finland, Norway and Sweden, headquartered in Stockholm. The Company offers broadband data, Internet and voice solutions, including server/web hosting and value-added data services to large and medium-sized business customers in the Nordic countries. Tele1 Europe is currently the only pan Nordic data- and telecommunications operator investing in local access networks with broadband capacity. The company is currently constructing networks in the nine largest cities in the Nordic region. The group also operates DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary networks. Tele1 Europe plans to build local access networks using fiber or DSL in 79 additional cities, across the four countries. The access networks, which are linked together with a long-distance network, will be one of Europe's fastest data and Internet super-highways with an initial capacity for customers of up to one gigabyte One billion bytes. Also GB, Gbyte and G-byte. See giga and space/time. (unit) gigabyte - 2^30 = 1,073,741,824 bytes = 1024 megabytes. Roughly the amount of data required to encode a human gene sequence (including all the redundant codons). See prefix. . www.tele1europe.com About Utfors AB Utfors AB was the first company to offer free Internet subscriptions and to launch local call rates throughout Sweden. The company is a leading Swedish datacoms and telecoms operator with its own infrastructure, supplying IP (Internet Protocol See Internet and TCP/IP. (networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol. ) based high-speed services See broadband. to companies and private customers in the Nordic region. In 2000, Utfors will be completing a 6,000 km long broadband network for data and 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. that will connect 75 of the largest cities in Sweden This is a list of towns with former city status in Sweden (Swedish: stad, plural städer). The year indicates the year they were established or when they were granted a royal charter. as well as Oslo, Copenhagen, other major Danish cities and Helsinki. Utfors employs approximately 170 people in Stockholm, Uppsala, Gothenburg and Overkalix and currently has over 250,000 telephony and Internet customers. Utfors AB's principal owners are Norsk Vekst and Litorina Kapital, as well as a number of institutional investors Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. . Please visit http://www.bit.se for further information. 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/2000/05/17/20000517BIT00530/bit0001.doc http://www.bit.se/bitonline/2000/05/17/20000517BIT00530/bit0002.pdf |
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