Telia Acquires Unisource Iberia
29.09.1999, 16:23
Hoofddorp, Netherlands (PROTEXT) - Unisource NV today
announced the signing of an agreement with Telia AB, in which
Telia acquires the Spanish affiliated company Unisource Iberia.
With this acquisition, Telia, the leading telecom operator in the
Nordic and Baltic region, further expands its IP operations in
Southern Europe and gains a strong presence in one of Europe's
high growth Internet markets. Financial details were not
disclosed.
"The sale of Unisource Iberia is part of our plan to divest
the Unisource companies," said Jules Delahaije, President and CEO
of Unisource. "I am very pleased that we have found in Telia AB a
new owner who can further build on the success of our Spanish
company."
Unisource Iberia started operations in 1998 and has already
obtained a significant position in the Internet wholesale market
in Spain. In June, the company launched the first phase of its
national IP network, designed to offer advanced services for
corporate customers, such as the IP Virtual Private Network
service, making use of the latest Multi-Protocol Label Switching
(MPLS) technology.
The current IP network of Unisource Iberia covers the main
business regions in Spain which puts the company in a leading
position in the market of the value-added IP-related services for
the business market. During the coming months, new nodes will be
installed, in order to reach national coverage during the first
quarter of next year.
This strong local presence of Unisource Iberia combined with
Telia's experience and know-how obtained from the most advanced
IP market in Europe, position Unisource Iberia as the best
partner in IP communication services for corporate customers in
Spain.
Note:
About Unisource NV
Unisource is a pan-European telecommunications group offering
a broad range of services to providers and business customers in
Europe. Unisource is owned equally by KPN Telecom of The
Netherlands, Telia of Sweden and Swisscom of Switzerland. Today
the Unisource group comprises D-Plus, one of Germany's leading
mobile services providers; SIRIS, one of France's national
operators, based in Paris; Unisource Iberia, in Madrid and
Unisource Italia, in Milan. In July 1999, following AT&Ts exit as
a shareholder, Unisource also became the 100% owner of AUCS
Communications Services. Unisource NV is based in Hoofddorp, The
Netherlands. News and information are available at
http://www.unisource.com . ots Original Text Service: Unisource
NV Internet: http://www.newsaktuell.de Contact: Lotta Rohman of
Unisource, +31-23-568-6294 Web site: http://www.unisource.com
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