Esprit Telecom Signs Historic Interconnection Agreement With Belgacom.READING, United Kingdom--(BUSINESS WIRE)--Feb. 24, 1998-- Company Expects to Become the First Independent Telecommunications Company See telecom company. in Belgium to Receive National Voice Telephony Licence Esprit Telecom Group plc (Nasdaq: ESPRY; Easdaq: ESPR ESPR European Society of Paediatric Radiology ESPR Espressivo (music) ESPR Ethnicity and Social Policy Research Unit (University of Bradford) ESPR European Society of Paediatric Research ), one of Europe's leading independent telecommunications companies, today announced that it has signed an historic voice telephony "interconnection in·ter·con·nect v. in·ter·con·nect·ed, in·ter·con·nect·ing, in·ter·con·nects v.intr. To be connected with each other: The two buildings interconnect. v.tr. " agreement with Belgacom, the first such deal to be signed by an independent telephone company in Belgium. The agreement, in conjunction with Esprit Telecom's impending im·pend intr.v. im·pend·ed, im·pend·ing, im·pends 1. To be about to occur: Her retirement is impending. 2. national voice telecommunications licence, will enable the Company to offer its unique brand of high quality, low cost telecommunications services In telecommunication, the term telecommunications service has the following meanings: 1. Any service provided by a telecommunication provider. 2. to businesses and organisations throughout Belgium. The national voice licence, which is expected to be awarded later this week by the Economics and Telecommunications Ministry, will be the first such licence awarded under Belgium's new licensing regime. Both the agreement and the licence should become effective on March 1, 1998. "Belgium's BF168 billion ($4.5 billion) telecommunications market is a key European market due to its high concentration of international businesses and organisations, its strategic geographic position, and Esprit Telecom's commitment to offering competitive telecommunications services across the continent. We were one of the first competitive telecommunications companies to enter the Belgian market and we hope to maintain that lead now that we will be able to effectively compete here," said David L. Oertle, chief executive at Esprit Telecom. In October 1997, Esprit Telecom received a four digit national carrier select code, 1680. The interconnection agreement with Belgacom will allow customers to begin using the 1680 code - which enables customers to access Esprit Telecom's pan-European digital fibre optic over Belgacom's national access network - for the first time. For most customers, access to the Esprit Telecom network will be transparent because the four-digit code can be automatically programmed into their PBX (Private Branch eXchange) An inhouse telephone switching system that interconnects telephone extensions to each other as well as to the outside telephone network (PSTN). . "Since 1995, large customers like Hilton Hotels
About The Company Esprit Telecom Group plc, a NASDAQ and EASDAQ quoted company, trading under the symbols "ESPRY" and "ESPR" respectively, is one of the largest independent European telecommunications service providers A Telecommunications Service Provider or TSP is a type of Communications Service Provider that has traditionally provided telephone and similar services. This category includes ILECs, CLECs, and mobile wireless companies. . Its network extends to 19 major cities in the United Kingdom, The Netherlands, Spain, France, Germany, Belgium, Italy and Ireland. Esprit Telecom provides high quality, low cost, and customised international and national long distance telecommunications services to large and medium-sized businesses. As a market leader in providing international telecommunications services, Esprit Telecom counts leading financial institutions, hotels, travel service organisations, transport companies, and government organisations amongst its many customers. -0- Notes to Editors: 1. Esprit Telecom filed a provisional voice telephony licence application on 3 February 1997 pursuant to the rules and procedures established in a government circular in December 1997 for voice telephony and public network operator licence applications. Under these rules and procedures, the Belgian regulator "BIPT BIPT Belgisch Instituut voor Postdiensten en Telecommunicatie BIPT Baseline Integrated Process Team " will review voice telephony and public network operator licence applications and then, when satisfied, will forward these applications to the Ministry of Economics and Telecommunications for signature and formal grant. 2. The provisional voice telephony licence will be superseded by a "definitive" voice telephony licence when the applicable telecommunications legislation is adopted by the Belgian government sometime during the Spring. 3. Based on its interconnection agreement with Belgacom and under the general terms of the expected provisional licence provisional licence n (Brit) (Aut) → permis m provisoire provisional licence provision (Brit) n (Aut) → vorläufige Fahrerlaubnis f , Esprit should be authorised Adj. 1. authorised - endowed with authority authorized lawful - conformable to or allowed by law; "lawful methods of dissent" legitimate - of marriages and offspring; recognized as lawful to begin offering services to the public on 1 March 1998. 4. The interconnection agreement will entitle en·ti·tle tr.v. en·ti·tled, en·ti·tling, en·ti·tles 1. To give a name or title to. 2. To furnish with a right or claim to something: Esprit Telecom to interconnect its network with Belgacom's national network, which, in turn, will allow the Company to originate its customer's calls on Belgacom's existing network while using its own high speed digital backbone network A backbone network provides a path for the exchange of information between different LANs or subnetworks.[1] A backbone can tie together diverse networks in the same building, in different buildings in a campus environment, or over wide areas. for the carriage of calls nationally and internationally to achieve cost reductions and quality improvements. 5. The Company's interconnection agreement with Belgacom will be the first such agreement based on Belgacom's second reference interconnection offer ("BRIO-2"). This reference interconnect offer will entitle Esprit Telecom to terminate and originate calls on the ubiquitous Belgacom public network on the basis of cost-oriented tariffs. Belgacom's first reference interconnect offer ("BRIO-1") provides for further cost-orientation as regards interconnection tariffs and is available only to companies holding a public network operator licence (i.e., facilities authority). Further information about Esprit Telecom is also available on the Internet at: http://www.esprittele.com -0- NOTE: The hyphen hyphen: see punctuation. (-) used in "BRIO-2" and "BRIO-1" were used instead of the pound sign for transmission reasons. CONTACT: Esprit Telecom Group plc Glenn Manoff, 44 (0) 118 951 4010 |
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