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Carrier1 Opens Offices in Madrid.


Business Editors

ZURICH, Switzerland--(BUSINESS WIRE)--June 27, 2000

Granted its C1 Nation-Wide License, Pan-European Provider to Offer

End-User Ready Telecom Solutions Across Spain

Carrier1 International S.A. (Neuer Markt: CJN CJN Canadian Jewish News ; NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: CONE), a leading European provider of end-to-end Internet, voice, bandwidth, data center and access solutions, announces today the opening of its offices for Spain and Portugal. The new Carrier 1 Iberia offices in Madrid are the tenth in a series of regional offices established to serve the needs of customers in their native language with staff drawn from the regional culture.

On the 15th of June 2000, Carrier1 Iberia was granted its C1 nation-wide license by the Spanish regulator, Commision del Mercado For the hispanic surname "Mercado", please see de Mercado.

Mercado first originated in Spain. In English it means 'market'.

Is the last name of the 'Great' Fifa Soccer player Eswold.
 de las Telecomunicaciones (CMT CMT Certified Medical Transcriptionist.

CMT
abbr.
Certified Medical Transcriptionist



CMT

California mastitis test.
). The C1 nation-wide license allows Carrier1 to provide network infrastructure services throughout Spain.

Says Oscar Escribano, Managing Director of Carrier1 Iberia: "Our Madrid offices will serve as the centerpoint from which we will introduce our high-quality end-user ready telecom solutions to Spanish ISPs, telecom operators, mobile operators, new media companies, and MNCs. Our C1 nation-wide license permits us to quickly customize our Pan-European telecom solution set to fit the exploding Internet, voice, data, telehousing, and broadband market here in Spain."

About Carrier1

Carrier1 International S.A. is a Pan European facilities-based provider of end-to-end Internet, voice, bandwidth, data center, and access solutions. Carrier1 provides its clients with carrier-grade transport and network solutions as well as end-user ready value added Value Added

The enhancement a company gives its product or service before offering the product to customers.

Notes:
This can either increase the products price or value.
 services. Carrier1 customers brand and market these solutions and services to their respective end-users.

The Carrier1 Pan European inter-city fiber network connects 11 countries and spans over 10,000 route kilometers. Carrier1 is fully operational in all 11 countries and has secured all the necessary interconnect and operational licenses that allow it to provide network solutions and end-user ready value added services. Carrier1 is also constructing at least 20 intra-city fiber networks and, through its investment in the joint venture DigiPlex, is building at least 20 full-service data center facilities.

Carrier1 headquarters are in Zurich, Switzerland. Carrier1 is listed on the Neuer Markt in Frankfurt under the ticker symbol Ticker Symbol

An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors
 "CJN" and on the NASDAQ in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 under the ticker symbol "CONE". More information is available at www.carrier1.com.

Forward looking statements: This document may contain statements about expected future events and financial results that are forward looking in nature, and, as a result, are subject to certain risks and uncertainties. Actual results may differ materially from those projected by management. For such statements, we claim the safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 for "forward looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995.
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Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:4EXSI
Date:Jun 27, 2000
Words:433
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