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Technology Stocks : Infonet - Leader of Managed Data Communicaton Services

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To: Eric S. who started this subject1/27/2004 8:22:18 AM
From: JakeStraw   of 241
 
Infonet Receives License to Independently Provide Data Services in Turkey
Tuesday January 27, 8:00 am ET
License Allows Infonet to Provide Services Independent of Turkey's Incumbent Telecom Provider
biz.yahoo.com

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Jan. 27, 2004--Infonet Turkey, a subsidiary of Infonet Services Corporation (NYSE:IN), a leading provider of global communications services for multinationals, has received a license from the government of Turkey to independently provide Frame Relay and other types of data services throughout the country. With this Frame Relay license, named the "Data Communications License over Terrestrial Networks," and the license to provide IP services that Infonet already received from the Turkish government in April of 2002, Infonet is now among the first communications providers licensed to independently provide both IP and Frame Relay services to multinationals operating in Turkey.
Prior to receiving the new license, Infonet had been providing Frame Relay services in Turkey through Turk Telecom, Turkey's incumbent telecommunications provider. With the licenses, Infonet is now able to connect multinational clients with IP, Frame Relay, ATM and X.25 networks directly to Infonet's The World Network®, a move that will extend Infonet's ability to provide cost-effective communications solutions and exceptional local care to clients in the region.

"This new license, and the ability to provide direct connectivity to the Infonet network, is an important step, one that allows us to truly provide the highest level of service and support within Turkey and beyond," said Harry van Streun, president, Infonet EMEA. "As one of the first global communications provider with this capability, we have a distinct advantage and can offer a true value add for multinationals with a need for data services in Turkey."

Infonet Turkey has offices in Istanbul and Ankara, and many clients utilize Infonet's services for cross-border communications to Turkey.
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