- High-speed mobile multimedia communications available to more than 99% of Sweden's population within three years
- More than 1,000 new jobs throughout the country
- Complementary experiences in UMTS development, financing and executing large infrastructure projects and creating innovative services
Mobility4Sweden, a joint venture formed by ABB, Deutsche Telekom's mobile communications holding T-Mobile International and Utfors today applied to the Swedish Post and Telecom Agency for licenses to build and operate nationwide third-generation mobile UMTS and GSM networks.
Mobility4Sweden's UMTS network will make high-speed mobile multimedia communications available to more than 99 percent of Sweden's population within three years, while creating more than 1,000 new jobs throughout the country. The company plans to launch its GSM network in April 2001, and its UMTS network platform will be underway in 2002, following the introduction of third-generation mobile handheld devices.
ABB will hold a 26-percent share in Mobility4Sweden, while Utfors will have 29 percent and T-Mobile International 45 percent.
ABB brings a wealth of experience in the financing and execution of large infrastructure projects. The global technology group also has a proven track record in the installation, maintenance and service of telecom networks in several countries in Europe. In Sweden, ABB employs 20,000 people across its range of businesses.
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