latest news releases from the newsroom
Spantel Communications Inc.
Spantel Enters Agreement with GLOBATEL in an Estimated Market of 30 Million Users
FUENGIROLA, Spain, Jan. 30, 2004 (PRIMEZONE) -- Spantel Communications, Inc. (OTCBB:SPAL), announced today that they have entered into a multi faceted agreement with one of Spain's leading alternative telecommunications operators. The agreement reached with GLOBATEL, whose primary market is in the Balearic and Canary Islands, with a combined population in excess of 2.5 million, is a vital key in Spantel's expansion program throughout Spain.
Tornet Extraordinary General Meeting
STOCKHOLM, Sweden, Jan. 30, 2004 (PRIMEZONE) -- In view of the changed ownership structure of Tornet, an Extraordinary General Meeting was held today in order to elect a new Board of Directors. The Meeting resolved to appoint the following people as board members until the next Annual General Meeting: Goran Collert and Sverker Lerheden (re-elected) and Per Frankling, Bo Jungner, Mats Lonnqvist, Mark H. Newman and Edward Williams (newly elected).
Bure's ownership in ProAct/Dimension will amount to 3.9 per cent.
GOTHENBURG, Sweden, Jan. 30, 2004 (PRIMEZONE) -- ProAct IT Group AB has announced that approximately 95 per cent of Dimension's shareholders have accepted the public offer and that ProAct will carry out its offer to acquire the shares in Dimension AB. When the offer has been implemented, Bure's ownership will amount to 3.9 per cent. In addition, Bure will receive a cash payment of approximately SEK 19M.