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Exhibit 1

SPIN - Presentation Oceania Com · 3- Oceania Com - 08.07.2008 Pacific Islands Mainly South to North submarine cables: AJC, Southern Cross, Telstra, etc. Only Pacific Islands of PNG,

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Page 1: SPIN - Presentation Oceania Com · 3- Oceania Com - 08.07.2008 Pacific Islands Mainly South to North submarine cables: AJC, Southern Cross, Telstra, etc. Only Pacific Islands of PNG,

Exhibit 1

Page 2: SPIN - Presentation Oceania Com · 3- Oceania Com - 08.07.2008 Pacific Islands Mainly South to North submarine cables: AJC, Southern Cross, Telstra, etc. Only Pacific Islands of PNG,

Offering better connectivity between South Pacific marketsRémi Galasso - CEO SPIN Ltd

Page 3: SPIN - Presentation Oceania Com · 3- Oceania Com - 08.07.2008 Pacific Islands Mainly South to North submarine cables: AJC, Southern Cross, Telstra, etc. Only Pacific Islands of PNG,

2 - Ocean ia Com - 08.07.2008

Introduction

2007 worldwide submarine cable map

Page 4: SPIN - Presentation Oceania Com · 3- Oceania Com - 08.07.2008 Pacific Islands Mainly South to North submarine cables: AJC, Southern Cross, Telstra, etc. Only Pacific Islands of PNG,

3 - Ocean ia Com - 08.07.2008

Pacific Islands

Mainly South to North submarine cables: AJC, Southern Cross, Telstra, etc.

Only Pacific Islands of PNG, Fiji and Guam are currently connected to submarine cable

No West to East submarine cable

Blocking point for ICT development in the Pacific Islands

Page 5: SPIN - Presentation Oceania Com · 3- Oceania Com - 08.07.2008 Pacific Islands Mainly South to North submarine cables: AJC, Southern Cross, Telstra, etc. Only Pacific Islands of PNG,

4 - Ocean ia Com - 08.07.2008

SPIN objectives

SPIN for South Pacific Islands Network

Regional initiative supported by:

Secretariat of the Pacific Community

Pacific Islands Forum SecretariatFrench Government

Provide faster and cheaper bandwidth to Pacific Islands countries and territories:

Interconnect the 3 French territories of New Caledonia, Wallis & Futuna and French Polynesia

Connect Pacific Islands countries currently relying on satelliteOpen a new transpacific route Sydney - Hawaii

Impacts in terms of connectivity:For operators: significant reduction of international bandwidth chargesFor subscribers: lower prices and better accessFor Australian Telco and ISP : new offer with over 300 Gb/s spare capacity available for sale

Page 6: SPIN - Presentation Oceania Com · 3- Oceania Com - 08.07.2008 Pacific Islands Mainly South to North submarine cables: AJC, Southern Cross, Telstra, etc. Only Pacific Islands of PNG,

5 - Ocean ia Com - 08.07.2008

SPIN roadmap

SPIN is a submarine cable network built in 3 steps

Page 7: SPIN - Presentation Oceania Com · 3- Oceania Com - 08.07.2008 Pacific Islands Mainly South to North submarine cables: AJC, Southern Cross, Telstra, etc. Only Pacific Islands of PNG,

6 - Ocean ia Com - 08.07.2008

Step 1 : New Caledonia cable - Sydney to Nouméa

APNG

-2

South

ern

C ros

s

Sout

hern

Cro

s s

Cairns

Port MoresbyHoniara

VANUATU

WALLISSOLOMON ISLANDS

PAPUA NEW GUINEA

FIJI

AUSTRALIA

NIUE

Pago Pago

ApiaAMERICAN SAMOA

SAMOA

COOK ISLANDS

Rarotonga

FRENCHPOLYNESIA

Papeete

Sydney

Auckland

PIPE

Madang

Noumea

Suva

Tels

tra

Gondwan

a

NEWCALEDONIA

Port Vila

• OPT NC - Gondwana cable• 2151 km between Nouméa and Sydney• 1 pair of fiber• 32x10 Gb/s capacity• In service by August 2008

To Hawaii

Page 8: SPIN - Presentation Oceania Com · 3- Oceania Com - 08.07.2008 Pacific Islands Mainly South to North submarine cables: AJC, Southern Cross, Telstra, etc. Only Pacific Islands of PNG,

7 - Ocean ia Com - 08.07.2008

APNG

-2

South

ern

C ros

s

Sout

hern

Cro

s s

Cairns

Port MoresbyHoniara

WALLISSOLOMON ISLANDS

PAPUA NEW GUINEA

NEWCALEDONIA

FIJI

AUSTRALIA

NIUE

Pago Pago

ApiaAMERICAN SAMOA

SAMOA

COOK ISLANDS

Rarotonga

FRENCHPOLYNESIA

Papeete

Sydney

Auckland

PIPE

Madang

Noumea

Suva

Tels

tra

Gondwan

a

Hono tua

Step 2 : French Polynesia cable - Tahiti to Hawaii

VANUATU

Port Vila

• OPT PF - Honotua cable• 4650 km between Tahiti and Hawaii• 1 pair of fiber• 32x10 Gb/s capacity• In service by April 2010

To Hawaii

Page 9: SPIN - Presentation Oceania Com · 3- Oceania Com - 08.07.2008 Pacific Islands Mainly South to North submarine cables: AJC, Southern Cross, Telstra, etc. Only Pacific Islands of PNG,

8 - Ocean ia Com - 08.07.2008

APNG

-2

South

ern

C ros

s

Sout

hern

Cro

s s

Cairns

Port MoresbyHoniara

WALLISSOLOMON ISLANDS

PAPUA NEW GUINEA

NEWCALEDONIA

FIJI

AUSTRALIA

NIUE

Pago Pago

ApiaAMERICAN SAMOA

SAMOA

COOK ISLANDS

Rarotonga

FRENCHPOLYNESIA

Papeete

To Hawaii

Sydney

Auckland

PIPE

Madang

Noumea

Suva

Tels

tra

Gondwan

a

Hono tua

Step 3 : SPIN cable - Nouméa to Tahiti

VANUATU

Port Vila

• SPIN SA - SPIN cable• 6500 km between Nouméa and Tahiti• 2 pairs of fiber• 64x10 Gb/s capacity• In service by 2nd half 2010

Page 10: SPIN - Presentation Oceania Com · 3- Oceania Com - 08.07.2008 Pacific Islands Mainly South to North submarine cables: AJC, Southern Cross, Telstra, etc. Only Pacific Islands of PNG,

9 - Ocean ia Com - 08.07.2008

Ownership & Funding

SPIN cable is owned by SPIN SALimited company incorporated in Wallis & Futuna - FrancePrivate investors : API Group and French Hedge FundPublic investors : French Territories of Pacific region

Approximate cost of SPIN: Euro 150M

Funding:

Investment and capacity agreements

French public aidBank financing

Page 11: SPIN - Presentation Oceania Com · 3- Oceania Com - 08.07.2008 Pacific Islands Mainly South to North submarine cables: AJC, Southern Cross, Telstra, etc. Only Pacific Islands of PNG,

10 - Oceania Com - 08.07.2008

Official launching of SPIN

08 July 2008: public announcement

Project launching with 5 official partners:New CaledoniaWallis and FutunaAmerican SamoaNiueFrench Polynesia

Strong interest from other Pacific Islands countries

Next step:Tender for supply and installation of SPIN launched in May 08Supplier to be selected in August 08

Page 12: SPIN - Presentation Oceania Com · 3- Oceania Com - 08.07.2008 Pacific Islands Mainly South to North submarine cables: AJC, Southern Cross, Telstra, etc. Only Pacific Islands of PNG,

11 - Oceania Com - 08.07.2008

Thank you for your attention

[email protected]