latest news releases from the newsroom
Effnet Enters Satellite Market with Comtech EF Data Deal
STOCKHOLM, Sweden, Dec. 10, 2002 (PRIMEZONE) -- Effnet Group AB (Other OTC:EFFNF) announced that Comtech EF Data Corporation, a subsidiary of Comtech Telecommunications Corporation (Nasdaq:CMTL), has selected Effnet's CRTP (Compressed Real- time Transport Protocol) and IPHC (IP Header Compression) products, which improves the efficiency of transmitting Internet Protocol (IP) traffic over wired and wireless networks.
Sandvik: Offer for Shares Outstanding in Walter Extended
SANDVIKEN, Sweden, Dec. 10, 2002 (PRIMEZONE) -- Sandvik (Other OTC:SDVKY) has decided that the public offer to the other shareholders in German Walter AG will no longer be conditional on Sandvik achieving ownership exceeding 95 percent. As a result of the change, the offer is extended through December 27, 2002.
Modern Times Group MTG AB: TV3 Ratings Success in Scandinavia
STOCKHOLM, Sweden, Dec. 10, 2002 (PRIMEZONE) -- Modern Times Group MTG AB (Nasdaq:MTGNY), the international media group, today announced that last week saw further ratings success for the TV3 television channel in Sweden, Norway and Denmark. TV3 Sweden achieved its second highest share of viewing since August 2001 and an all time high number of viewers for the Sunday night movie. TV3 Sweden's average share of prime time viewing (between 6 p.m. and 11:30 p.m.) since the beginning of September amongst the target 15-44 year old age group is now higher than for the same period of 2001. This prime time segment accounts for approximately two-thirds of advertising spend.
Allgon to Supply Coverage Solution for Munich's International Airport
TABY, Sweden, Dec. 10, 2002 (PRIMEZONE) -- Allgon, a global supplier of radio-based infrastructure solutions, has been appointed coverage solution supplier to the new Terminal 2 at Munich's international airport by T-Mobile. T-Mobile is the project leader, representing four German mobile operators. Allgon's coverage solution will be delivered by the end of the year.