EuNetworks Launches

FRANKFURT, Germany -- euNetworks, the European division of Global Voice Group (SGX: H23.SI), today unveiled Europe´s highest-capacity fiber optic network that combines "long-haul" (country-to-country/city-to-city) with "last-mile" (inner-city) fiber, connecting Europe´s largest cities and economies. The massive fiber capacity enables euNetworks to offer a unique pricing and business model -- "private fiber networks," -- delivering dedicated, secure, un-metered fiber strands to customers and providing virtually unlimited bandwidth at a flat rate. To complement its metropolitan fiber networks, euNetworks today also announced the successful acquisition of Viatel Holding Incorporated´s long-haul network and the completion of EUR 35 million in funding through a convertible bond.

"The long-haul fiber network acquisition completes our infrastructure roll out in Europe by connecting all of our metropolitan fiber networks. We are now uniquely positioned to offer our corporate, carrier and service-provider clients secure and highly efficient end-to-end connectivity in Europe," says Noel Meaney, chief executive officer, euNetworks. "Customers enabled with their own private fiber solution from euNetworks benefit from a communications infrastructure with virtually limitless capacity for a fixed cost that is completely secure with 100 percent mission-critical fail-over reliability. This enables our clients to rollout high-capacity broadband services and bandwidth-intensive applications efficiently and securely with built-in network redundancy."

euNetworks Group Ltd.