Sign In

Search Press
Looking for press releases of a particular company? Enter company name (or keyword) here.


Mats Sandvik joins Efftel

Stockholm, August 16, 2007: Mats Sandvik invests in the rapidly growing telecom operator Efftel and takes on the role as Head of Sales. Prior to Efftel, Mats Sandvik comes from Ventelo Sverige, where he was the CEO during several years.

After 10 years as the CEO of a number of telecom companies, most recently Ventelo Sverige AB, Mats Sandvik chooses to join Efftel AB as an investor and active team member.

”During a month or so, I have studied a range of exciting companies, and I have now chosen to engage in Efftel. Efftel has a combination of proven future-proof products, a very competent team, and acts in a rapidly growing market. This gives Efftel an enormous potential. It will be very exciting to participate in the realisation of the potential”, Mats Sandvik says.

Efftel offers flexible voice over IP (VoIP) services to small and medium sized enterprises. The customers save time and money on outsourcing their telephony to Efftel. Efftel grows rapidly since its inception in 2004 and in order to further speed up the growth, Mats Sandvik now enters as Head of Sales.

”During Fall I will focus on building up an adequate sales organization to get the products to market in a more efficient way. I will enjoy building up this operation”, says Mats Sandvik.

”Mats is a heavy-weight industry profile, who really makes things happen. He is very welcome to Efftel”, says Efftel Co-founder and CEO Håkan Lund.

Mats Sandvik is 48 years old and holds an MScEE from The Royal Institute of Technology. He has a vast management experience from the telecoms industry. During almost 8 years as the CEO of Ventelo and its predecessors the turnover increased six-fold to some 1500 MSEK. Mats has held leading positions at several telecom companies in Sweden and its neighbouring countries.

About Efftel

Efftel challenges the established operators by offering small and medium enterprises advanced corporate telephony as a flexible service, without the need for the business to invest in its own PBX. This brings minimized investments, very low traffic cost and freedom from hassle and proprietary equipment. Most of Efftel’s services are based on modern Voice over IP (VoIP) technology, which Efftel’s experts have worked with since 1997. Efftel was founded in 2004 by Håkan Lund and Per Björklund.

For more information:

Mats Sandvik, Efftel AB, +46 (0)8 5106 2706, +46 (0)70 191 0000,

Håkan Lund, CEO Efftel AB, +46 (0)8 5106 2701, +46 (0)732 0733 00,

Publisher Contact Information:

Efftel AB
46 (0)8 5106 2701

Company profile of Efftel AB
Past press releases of Efftel AB.


Tech investments
From our Online Data Service
VC-backed companies
From our Radar

Recent Deals

Nov 25€24.0MInternet commerce
Feb 21€87.0MInternet services
Feb 21€18.0MInternet commerce
Feb 21€1.6MBusiness applications
Feb 20€6.0MInternet services
Feb 20€4.3MSoftware development
Feb 19€0.4MInternet commerce

For information on Europe's most extensive database on technology funding click here!


Press Releases

May 28
identiq raises $5m seed, launches privacy-first identity validation...

Apr 29
nethone raised over $1 million from innovation nest

Jan 29
yumpingo raises $10m to transform guest experiences in restaurants

Oct 1
The Link App
the link app launches version 2.0

Mar 29
Addex Therapeutics
addex sucessfully raises chf40 million in capital increase

About usContact usLegal Information
Copyright © 1999-2019
Emerging Technology Research Europe Inc. All rights reserved.