Today it is announced that Orange Sverige AB joins 3G Infrastructure Services AB (3GIS), the established UMTS-infrastructure joint venture between Hi3G and Europolitan Vodafone. 3GIS's objective is - for its owners - to build and operate an UMTS-infrastructure covering up to 70 percent of the total population in Sweden.
-The agreement is another milestone in delivering a cost effective high quality UMTS-infrastructure, which will benefit Hi3G's customers, says Chris Bannister, CEO of Hi3G.
The entrance of Orange in the joint venture will lower network rollout investment costs whilst also reducing the total number of masts required, in turn minimizing the impact on the environment. The agreement states a co-operation between three equal partners.
The co-operation is fully in line with the regulations and licence conditions set out by The Swedish National Post and Telecom Agency, PTS, and is subject to approval from authorities concerned.
3G Infrastructure Services AB is an equally owned joint venture between Hi3G Access AB, Europolitan Vodafone and Orange Sverige. The purpose of the company is to build and operate a joint Swedish UMTS-infrastructure except in the metropolitan areas of Stockholm, Gothenburg, Malmö and Karlskrona. In these areas the companies will build their own networks. The companies will retain their operating independence including designing and delivering of services and content to customers, market positioning and pricing. 3GIS has its headquarters in the Stockholm area.
For more information please contact:
Niclas Lilja, Hi3G, Director Communications
Telephone: +46 (0) 7 33 55 70 90, e-mail: firstname.lastname@example.org
Jeremy Sell, Orange Sverige AB, CEO
Telephone: +46 (0) 40-631 70 00, e-mail: email@example.com
Jerry Huxtable, Orange Sverige AB, vice CEO
Telephone: 040-631 70 00, e-mail: firstname.lastname@example.org
Anette Gregow, Orange Sverige AB, Press Relations Manager
Telephone: +46 (0) 733 53 72 07, e-mail: email@example.com
Hi3G has a Swedish and a Danish UMTS licence and is aiming to become a leading mobile multimedia operator with attractive and innovative services. The company's strength lies in the fact that it is a pure 3G company, with no baggage from old technologies such as GSM. Hi3G is expanding rapidly with the support of its owners, Hutchison Whampoa Ltd. (60%) and Investor AB (40%), who have solid network and industry track records worldwide. Hi3G is cooperating with other Hutchison Whampoa companies that hold 3G licences in Australia, Austria, Hong Kong, Israel, Italy, and the United Kingdom. Please stay in touch and visit www.hi3gaccess.se.
Europolitan Vodafone is a mobile operator with a license to build 3G mobile telecoms networks. Our strength lies in our focus on developing international services, service and quality. Europolitan Vodafone employs some 1,500 people and is listed on the Attract 40 list of the Stockholm Stock Exchange. The company's majority owner is Vodafone of the UK, with 71 per cent of Europolitan Holdings AB. Private shareholders, investment companies and pension funds own the remaining 29 per cent. Vodafone is represented on 5 continents and has more than 200 million mobile telecoms users. In April 2002 Europolitan Vodafone will change brand to Vodafone. www.europolitan.se/ and www.vodafone.com/