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Press Release -- July 25th, 2011
Source: eunetworks-private
Tags: Ethernet, Exchange, Expansion, Wavelength

euNetworks Signs Strategic Partnership with Vodafone

  • Vodafone Germany strengthens its fibre optic network in support of LTE roll out
  • euNetworks to provide access to its extensive metropolitan fibre networks in Germany
  • Opportunity for further expansion  and cooperation

London, UNITED KINGDOM 25 July 2011 – euNetworks GmbH, a subsidiary of euNetworks Group Limited (SGX: H23.SI), announced today that it has signed a strategic partnership with Vodafone Germany, delivering Fibre services to the mobile operator in Frankfurt, Hamburg, Berlin and Munich. The agreement also provides a framework to enable Vodafone to benefit from euNetworks extended footprint.

Vodafone Germany is leading the roll out of the LTE network throughout Germany. More than 4 million households in Germany can already be provided with high speed LTE internet by Vodafone since the wireless frequencies were auctioned off in 2010. Fibre optic networks are a key component of the underlying infrastructure required to support this new mobile standard.

“LTE delivers a technological quantum leap for the industry, and is the first gigabit technology in the mobile sector,” said Hartmut Kremling, Chief Technology Officer of Vodafone Germany. “A strong underlying fibre optic network is important for us as we roll out LTE across Germany. euNetworks has this network in key markets. Their demonstrated commitment to this partnership and unique assets deliver great value to our overall network strategy.”

“We are delighted to be working with Vodafone on this important development in the mobile sector,” said Brady Rafuse, Chief Executive Officer of euNetworks. “As a bandwidth infrastructure provider, with deep fibre assets in Germany, we have the capability and network in place to support Vodafone with a fibre backhaul for their LTE roll out programme. We are working closely together, delivering the underlying infrastructure that is set to support the exponential growth in mobile data traffic.”

euNetworks recently expanded its nationwide fibre network in Germany following the acquisition of LambdaNet Communications Deutschland AG. This long haul network combined with the 7 metropolitan networks euNetworks owns and operates in Germany, delivers a strong infrastructure solution to the market, positioning euNetworks as a significant fibre- to-the-tower provider in Europe.

About euNetworks

euNetworks Group Limited (SGX: H23:SI) is a bandwidth infrastructure provider, owning and operating 13 fibre based metropolitan networks across Europe connected with a high capacity intercity backbone. The Company offers a portfolio of metro and longhaul Ethernet and Internet Protocol services including Dark Fibre, Dedicated Fibre, Wavelengths, Ethernet, and Internet. Enterprise and carrier customers benefit from euNetworks’ unique inventory of fibre and duct based assets that are tailored to fulfil their high bandwidth needs.

euNetworks Group Limited is headquartered in London and publicly listed on the Singapore Stock Exchange. For further information please visit www.eunetworks.com.

euNetworks Investor and Press Contact:

Hannah Fox

Marketing Director, euNetworks

D: +44 207 952 1338

M: +44 7717 896 446

E: hannah.fox@eunetworks.com

euNetworks

15 Worship Street

London, EC2A 2DT,

United Kingdom

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