TLGB Teleglobe International Holdings Ltd. - Common Shares (MM)

Teleglobe International Holdings Ltd. (NASDAQ: TLGB), a leader in international telecom services for Internet service providers (ISPs) and fixed and mobile network operators, today announced the opening of a new IP point of presence (PoP) in Warsaw, Poland. The new IP PoP enables ISPs and carriers in the region to quickly and easily connect their voice networks via VoIP and IP networks to Teleglobe's global network for high quality voice and data services. The new point of presence gives local Internet service providers and carriers access to Teleglobe's robust, reliable global network at competitive pricing. This access is of critical importance as Polish companies reach out to the North American market and rest of Europe. Neighboring countries, such as Belarus, Lithuania, and Ukraine, also benefit from having a Teleglobe IP PoP close by. Teleglobe has already connected its IP network to many Polish companies including ATM, a provider of telecommunications services throughout Poland and Multimedia, a leading Polish CATV operator, broadband Internet and phone service provider in the Warsaw IP PoP. "Opening a Teleglobe IP PoP in the region is good news for Eastern European businesses, because the company is a leading IP provider and its global network connects us to key markets," said Janusz Nowakowski, Carrier Relationships Manager of ATM. "They offer a great deal of flexibility as a partner and we can take advantage of both voice and data services." "Teleglobe's new IP PoP will provide high quality voice exchange, Internet access and value added services to ISPs and carriers in Poland and surrounding countries including the Ukraine which is a fast-developing telecom industry, " said Marcin Raczkiewicz, Teleglobe's Regional Director for Central and Eastern Europe. "This is an important move for Teleglobe given the growth in the telecoms sector in Poland as a result of the European Union. Poland is neighbor to a number of the countries admitted to the EU last year, which makes Warsaw a strategic site for an IP PoP." "Teleglobe's IP PoP offers our customers secure access, faster connections, direct regional connectivity to each other, and worldwide connectivity," said Wojciech Kamieniecki, Vice President, Manading Director of Multimedia Polska. "It also offers a number of voice, data and other value-added services, including IP transit and IPLs, making it a comprehensive solution for all of our customers' connectivity needs. Teleglobe's global expertise gives us the worldwide network we need to compete in a global market." Dedicated international access to the Teleglobe IP backbone is available from virtually any country at bandwidth speeds ranging from 64 Kbps to 10Gbps. Carriers and ISPs can connect to the Teleglobe Internet backbone using access alternatives such as satellite or cable, leased line or local loop, or Ethernet. Teleglobe is a global Tier 1 Internet service provider and operates the IP backbone AS 6453 which circles the globe. Its MPLS-enabled IP network connects more than 90 countries to the Internet and supports IPv6, the new generation IP protocol. Teleglobe's IP network supports a wide variety of advanced data and IP services including global IP transit, international private leased circuits (IPLs), bandwidth capacity, and broadcast services. Teleglobe has ownership in over 100 subsea and terrestrial cable systems and has access to over 40 teleport antennas and transponder capacity serving the Atlantic, Pacific, and Indian Oceans.