Teleglobe Connects China Education & Research Network -CERNET- to Global Internet.

GENEVA--(BUSINESS WIRE)--July 23, 1998--

Continues growth as Internet access provider to academic institutions

Teleglobe, one of the world's leading global carriers and Internet backbone providers, and Tsinghua University in Beijing, the operator of the China Education & Research Network (CERNET), today signed an agreement for Teleglobe to provide high-speed global Internet connectivity via its Internet backbone service, Globeinternet(sm).

The agreement reflects the growing trend of the global educational and research community to rely on Teleglobe's Internet backbone, currently linking Internet service providers (ISPs) in more than 70 countries.

The signing ceremony took place at INET'98, the Internet Society's annual conference, for which Teleglobe is providing conference attendees with 4 Mbps of global Internet capacity via its Frankfurt Globeinternet Point of Presence (POP).

"Teleglobe is proud to have been selected by CERNET to provide global Internet access to academic institutions throughout China, an increasingly important market to Teleglobe. We're committed to providing solutions and services to accommodate CERNET's growing needs," said Bob Collet, vice president and general manager, data services for Teleglobe.

The link will consist of earth station and backhaul circuit connectivity services by China Telecom to Tsinghua University; space segment via China Telecom and Teleglobe jointly leased INTELSAT space segment capacity; and corresponding earth station and backhaul capacity to a Globeinternet access node in North America.

Teleglobe also will provide a Quality of Service (QOS) operating system, enabling higher priority traffic to flow ahead of other network traffic during periods of congestion.

"The universities and the institutions connected to CERNET throughout China are looking forward to the improved global Internet access that will be provided by Teleglobe, in conjunction with China Telecom and INTELSAT," said Dr. Jianping Wu of Tsinghua University. "This link will further facilitate the sharing of knowledge and expertise by the multitude of academic institutions connected within China by CERNET."

Additional prestigious institutional networks that rely on Teleglobe for global Internet access are:

-- CANET*2, Canada's national academic network (155 Mbps); -- NORDUnet, the academic backbone network of the Nordic region (155 Mbps); -- Federal Center RUNNET, Russia's academic backbone network (8 Mbps); -- SINGAREN, Singapore's national academic network (14 Mbps); -- SuperJANET, the backbone network of UKERNA, the United -- Kingdom Educational and Research Association (90 Mbps);

-- SURFnet, the Netherlands' academic backbone network (45 Mbps); and -- Ten-34, the European community's academic backbone network (45 Mbps).

Teleglobe's worldwide Internet backbone and IP routing service, Globeinternet, connects educational research networks and ISPs outside the United States with dedicated international fiber-optic and/or satellite transmission facilities at speeds of 64 Kbps to 155 Mbps.

Teleglobe recently added a Time Division Multiple Access (TDMA) service via INTELSAT 335.5 and, later this year, will add INTELSAT 342.

Teleglobe is recognized as a world leader in the global intercontinental telecommunications industry. The Teleglobe network includes submarine cable and satellite facilities linking North America with more than 240 countries and territories, meeting the global connectivity needs of established and emerging carriers from around the world, as well as those of Internet Service Providers, large corporate users, broadcaster and consumers.

Teleglobe Inc. is listed on the New York Stock Exchange, the Montreal Exchange and the Toronto Stock Exchange under the symbol "TGO."

For additional information on Teleglobe's Globeinternet, check www.gi.teleglobe.net, or for CERNET check www.edu.cn.

For additional information contact: John Murray, Teleglobe Corporate Communications, Geneva: 079-221-7858 or email at [e-mail] Janis Langley, Optimum Public Relations: 703/847-0192

   CONTACT: Teleglobe, Corporate Communications
             John Murray, Geneva: 079-221-7858
             email: [e-mail]
                      or
             Optimum Public Relations
             Janis Langley, 703/847-0192