Who we are • PrimeTel is a subsidiary company of Thunderworx which in turn is

owned by Teledev East, which is a major investor and player in the telecommunications industry in Cyprus, Greece and Russia.

• Teleset Networks, a Teledev East subsidiary, (LON:TNW) is an AIM listed company with market capitalisation of GBP £32,51m. operating a telecommunications network in Russia.

• The shareholders of Teledev East are:– Manglis Group– Francoudi & Stephanou Group– Cyprus Development Bank– Alco Products Ltd– CellTech Holdings Ltd– Court Holdings Ltd

The Group

Proven track Record• Teleset Networks Public Company

Limited ("Teleset" or "the Company") is registered in Cyprus (with the Russian Federation as its main country of operation.

• Teleset is the leading alternative fixed-line telecom operator in Kazan, the capital of the Republic of Tatarstan, Russian Federation, where the business has been operating since 1996.

• Teleset owns an all digital local network with current switching capacity of 130,000 lines.

• Teleset offers the full range of telecom services:

• - fixed-line telephone services • - Internet access and VoIP • - leasing of the channels • - "turn-key" systems integration

solutions • Teleset's network provides

approximately 44% coverage of Kazan

Largest Shareholders*Telecet Networks Plc. ( TNW )

PrimeTel Profile

PrimeTel is the only alternative provider in Cyprus with its own autonomous nation wide fixed networkinfrastructure and international network

PrimeTel’s international network spans from Cyprus to Greece, Russia and the United Kingdom

Primetel serves several wholesale customers, offering a full range of voice termination (TDM & VoIP) services.

-Incorporated in Cyprus in 2003

-New, dynamic and fast developing electronic communications provider offering TriplePlayservices

- Voice- High speed Internet- Video, including Digital Television

-Managed to occupy 15% of the broadband market in Cyprus in 3 years

-Autonomous nation wide fixed network

-Member of the Teledev East Group of Companies

Vision

– PrimeTel to be the first choice in the Cyprus Electronic Communication market.

– To obtain a strong position in the competitive Cyprus telecommunication market.

– To play a leading role in the market of communications in the Eastern Mediterranean and Middle East.

- PrimeTel is the only alternative provider in Cyprus with an advanced island-wide autonomous fiber optic network infrastructure of 8 Gbps

- The capabilities of the network are such to allow Primetel to offer wide range of technologically advanced products including Voice Termination, Local Loops , Backhaul Services , Collocation and Hosting Services.

National Network

Cyprus Network Deployment

Multiple Redundant Data Centres and Co location Facilities Geographically distributed

Data Center / Collocation• Carrier-Grade Collocation

facilities – Nicosia – Limassol (2)

• Multiple physical security levels

• Disaster Recovery Facilities

• Off-site backup service• Fully redundant power• Automatic fire-fighting• 24x7 monitoring & access

Telehouse Facility • Under Construction in

Limassol.• 2000 Sq Meters

Underground DataCenter.• Independent Secure

Access 24/7 365.• Full firefighting / Climate

Control.• Backbone Multi Gig

Connectivity Lcl/Int.• Meet Me Room / Private

Suites / Cages

International Network• Redundant International

Links– SMW3-Minerva-MedNautilus

• 1Gig Active Capacity• 1Gig Standby• 5 Gig Flag NGN 2009• London PoP• Frankfurt PoP• Athens PoP• Moscow PoP• Kazan PoP

FLAG Network

FLAG Telecom: Worlds largest private undersea cable system spanning 65000 km route , has an established customer base of more than 200 leading operators, including all of the top ten international carriers. FLAG owns and manages an extensive next generation optical fibre network spanning four

continents, connecting 37 key business markets in Asia, Europe, the Middle East and the USA.

FLAG NGN Globally• FLAG NGN System 1 is Asia-based,

running from India to Hong Kong with potential interconnection to Thailand, Malaysia, Singapore, Indonesia, Vietnam, Philippines, and Cambodia;

• FLAG NGN System 2 covers Africa, as it runs from India to Kenya with initial potential extensions to South Africa and Reunion and further potential extensions to Mozambique, Tanzania, Madagascar, Mayotte and Mauritius;

• FLAG NGN System 3 is centred on the Mediterranean: Egypt will be linked to France with potential extensions to Syria, Greece, Cyprus, Turkey, Malta, Libya, Tunisia and Italy.

• FLAG NGN System 4 will bridge the Pacific, from Japan to the US West Coast.

4.8Terabit

Wholesale Services (1)Data Services:

-Managed Bandwidth Services (E1- 10Gbps )

-Network Based VPN (MPLS)

-Local Loops in Cyprus

Managed Services:

-Collocation

-Managed Hosting

Disaster Recovery:

-Disaster Recovery services and facilities

Wholesale Services (2)Voice Services:

-Premium: Premium quality, CLI included, rerouting plan and overflow management. Features: Guaranteed premium quality routes suitable for retail traffic.

-Wholesale TDM: TDM Quality routes, CLI and overflow not guaranteed, limited rerouting. Features: High quality routes for demanding customers in competitive rates.

-Wholesale VOIP: VOIP Quality routes. Not guaranteed quality, rerouting, overflow. Features: Competitive rates and suitable for wholesale VoIP termination.

Thank you