KPNQwest Taps Nokia for Pan-European DSL Rollout

STOCKHOLM (05/30/2000) - Nokia Corp. said today it has signed an agreement to supply network equipment for KPNQwest BV's planned pan-European roll-out of high-speed Internet access services based on DSL (digital subscriber line) technology.

KPNQwest, as a first step, will launch commercial DSL services in Germany in this year's third quarter, the companies said in a statement.

As soon as ongoing deregulation efforts allow, the Hoofddorp, Netherlands-based operator plans to launch similar services in other European countries, the statement said.

Espoo, Finland-based Nokia will supply KPNQwest with DSL equipment, including broadband IP (Internet protocol) access system components and network management software, as well as a wide range of related services.

Financial terms of the deal were not available.

KPNQwest, a joint venture between Dutch telecommunications operator Royal KPN NV and Denver, Colorado-based network carrier Qwest Communications International Inc., offers Internet access and other IP-based services, aimed mainly at businesses, in 15 European countries.

KPNQwest, in Hoofddorp, the Netherlands, can be reached at +31-23-56-87-676 or via the Web at http://www.kpnqwest.com/. Nokia, in Espoo, Finland, is at +358-9-5113-8193 or at http://www.nokia.com/.

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