Teleglobe Granted License in 15th European Country: Awarded Telecommunications Authority in Belgium; Belgium Network Buildout Will Include Voice, Internet, Data Services.

GENEVA--(BUSINESS WIRE)--Oct. 11, 1999--

Teleglobe Pan-European GlobeSystem(sm) Network Expansion Continues

Teleglobe Communications Corporation today announced that it now holds telecommunications operating authority in 27 countries, 15 of which are based in Europe. As part of its ongoing global expansion plan, Teleglobe most recently was granted a license to offer carrier-to-carrier voice telephony services in Belgium. Teleglobe also may offer Internet access and Asynchronous Transfer Mode (ATM) services to carriers, Internet Service Providers, content providers and business customers in Belgium. The company further announced that it is deploying a GlobeCity(sm) network access site in Brussels that will be operational in the fourth quarter of 1999.

The announcement was made at the Telecom `99 Show in Geneva, Switzerland.

"Teleglobe will continue to expand the global reach of its network by obtaining regulatory authority and establishing international access points in key cities throughout the world," said Rick Ciccone, vice president and general manager, Europe and Asia, Teleglobe Communications Corporation. "In Belgium, Teleglobe will offer a full range of switched voice, Internet and data services, in addition to private line, international toll free, calling card, content storage and distribution services."

Teleglobe's Brussels-based network access site will provide customers in Belgium with a direct local link to the cost-savings, route diversity and high quality of Teleglobe's worldwide GlobeSystem(sm) network. According to TeleGeography, a leading authority on international telecommunications, Belgium will have nearly four million Internet users by 2003, more than twice today's number.

European Presence

The cornerstone of Teleglobe's expanding Pan-European infrastructure is a new 3,000 km high-speed dual fiber ring network interconnecting the cities of London, Amsterdam, Rotterdam, Antwerp, Brussels, Paris, Nancy, Strasbourg, Mannheim, Frankfurt and Dusseldorf. This new high-speed fiber network is integrated into Teleglobe's existing global network, connecting customers to more than 240 countries and territories around the world. Upon its projected completion in the fourth quarter of 1999, the first phase of Teleglobe's high-speed fiber ring network deployment will push the company's Pan-European fiber network total to 7,700 km, interlinking 16 European cities. By year-end 2000, Teleglobe's Pan-European network is projected to total 12,500 km of high capacity fiber, interconnecting more than 30 European metropolitan centers.

"More than 100 Carrier Customers and an increasing number of Internet Service Providers, Content Providers and Corporations in the region currently rely on Teleglobe for global connectivity and service creation. Teleglobe's Pan-European network will meet the ever-increasing demand for capacity to support the growth of voice, Internet and data services in Europe," said Ciccone.

Teleglobe already is serving many large customers in Europe including The British Broadcasting Corporation, COLT Telecom Group plc., The European Broadcasting Union, Lyonnaise Cable, NORDUnet, Omnicom, RSL Communications Ltd., SuperJANET, SURFnet, Telecom Developpement, Telecom Italia, Telefonica, and Telenor.

Teleglobe currently holds licenses and authority to own and operate facilities-based networks and/or resell telecommunications services in 27 countries, including Argentina, Australia, Austria, Belgium, Brazil, Canada, Colombia, Denmark, El Salvador, Finland, France, Germany, Hong Kong, Iceland, Ireland, Italy, Japan, Mexico, Netherlands, New Zealand, Norway, Panama, Spain, Sweden, Switzerland, United Kingdom, and the United States. These licenses, along with other licenses being pursued in Europe, Asia and Latin America, will accelerate the development of Teleglobe's global network for the benefit of its worldwide customer base.

About Teleglobe

Teleglobe recently announced that it would invest US$5 billion over the next five years to expand GlobeSystem, the world's first globally-integrated Internet, voice, data and video network. GlobeSystem will increase Teleglobe's currently installed network capacity by an estimated 200-fold, and provides customers with direct network access from 160 major cities worldwide.

Teleglobe Inc. (NYSE, TSE, ME: TGO) is a recognized leader in global telecommunications. Through its subsidiary Teleglobe Communications Corporation, the company develops and supplies global connectivity services to carriers, Internet service providers, business customers and content providers worldwide. Through Excel Communication's proven marketing and distribution channels, Teleglobe also caters to an expanding international consumer customer base. According to TeleGeography, the company is the fourth-ranked long distance provider in the United States and, according to a recent KMI Corporation study, the third largest owner of undersea fiber optic cable systems. Teleglobe has a 50% interest in ORBCOMM, the world's first commercial low-earth-orbit, satellite-based, data communications system. Additional information is available at www.teleglobe.com.