TietoEnator Created an E-Commerce Portal for Eesti Telefon.Business Editors/High Tech Writers STOCKHOLM, Sweden--(BUSINESS WIRE)--Aug. 9, 2001 TietoEnator (SSE (1) An earlier full-screen editor in OS/2. (2) (Streaming SIMD Extensions) A series of additional instructions built into Pentium CPU chips for improved multimedia performance by performing mathematical operations on multiple sets of data at the :TIEN.) has created a shopping centre type E-Commerce Portal for Estonia's Eesti Telefon where Estonian retailers to an even larger extent can sell their products on-line. "The portal provides an easy way for Estonian retailers to shift to online commerce without having to invest heavily in information technology," says Risto Kulmats, E-commerce Manager at Eesti Telefon Eesti Telefon[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 portal offers retailers a readymade platform that is simple to join. It handles the acceptance of orders, product flow and invoicing in·voice n. 1. A detailed list of goods shipped or services rendered, with an account of all costs; an itemized bill. 2. The goods or services itemized in an invoice. tr.v. . The merchants are responsible for product pricing, price updating and updating their own product range. For the consumer the portal means that he or she is able to purchase a range of products from a variety of different merchants and collect them into an electronic shopping cart during a single online session. A customer's purchases are paid for through an online bank with one transaction, and all purchases are delivered to the customer in a single mailing. There are currently four retailers operating in the system, offering - amongst other things toys, clothing, books and computer products. One of the online stores is a TeleRing shop. For the time being, the service is available exclusively to Estonians, although Eesti Telefon aims at expanding the service to cover the entire Baltic region For other uses, see Baltic (disambiguation). The Baltic region is an ambiguous term that refers to slightly different combinations of countries in the general area surrounding the Baltic Sea. . The project has been carried out at TietoEnator by a multi-national group of Finnish, Estonian and Lithuanian Internet experts. AS Eesti Telefon was established on 1st of January 1993 to develop Estonia[acute accent]s communications infrastructure. As the largest telecommunications company See telecom company. in Estonia, Eesti Telefon[acute accent]s mission is to be a preferred and reliable partner that benefits people in the info- society and creates a competitive edge through offering complete communication and IT solutions. Eesti Telefon[acute accent]s net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight in 2000 were 2.506 billion kroons (160 MEUR MEUR Million Euros ), and the number of employees was 2500. AS Eesti Telefon is owned by AS Eesti Telekom Eesti Telekom is the largest telecommunications company in Estonia. The majority shareholder in the company is TeliaSonera, which owns slightly over 50% of shares. The Estonian state also has a 27.17% share in the company while the public owns the rest. since spring 1999. AS Eesti Telekom itself is 49 % owned by Finnish Sonera and Swedish Telia. The Estonian state holds 27,3 % and the rest is held by private investors. www.et.ee With a staff of 10,000 and annual net sales of 1.1 billion euros, TietoEnator is a leading supplier of high value-added IT services in Europe. TietoEnator provides consulting, systems development and integration, operation and support, product development services for customers, and software services. The Group has in-depth knowledge of its customers' businesses in areas such as telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. , finance, the public sector and the forest industry. This information was brought to you by Waymaker http://www.waymaker.net. http://www.tietoenator.com The following files are available for download: http://www.waymaker.net/bitonline/2001/08/09/20010809BIT00240/bit0002.doc http://www.waymaker.net/bitonline/2001/08/09/20010809BIT00240/bit0002.pdf |
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