euNetworks announces full year results for year ending 31st December 2006

Frankfurt, GERMANY 27 February 2007 – euNetworks AG, a subsidiary of the Global Voice Group, (GVG) – owner and operator of one of Europe’s highest capacity fiber networks and provider of mission critical communication infrastructure and services – today announced total revenues of €24 million, and EBITDA profitability of €7 million for the year ended 31 December, 2006.“2006 was a year of investment and consolidation in our core networking business in which we completed agreements with 47 new customers and signed €43 million in new business, a growth of over 250% over our previous year,” said Noel Meaney, chief executive officer, euNetworks. “In the year we completed a major long-haul network acquisition, went live with our Amsterdam Datacenter, divested non-core businesses, and doubled sales and marketing resources. With the near completion of our next generation network design and build out, we are well positioned to sustain and accelerate our performance in 2007.”

About euNetworks

euNetworks is a bandwidth infrastructure company, owning and operating 18 fibre based metropolitan networks connected with a high capacity intercity backbone covering 53 cities in 17 countries. The company leads the market in data centre connectivity, directly connecting over 545 today. euNetworks is also a leading cloud connectivity provider, directly connecting to all key cloud platforms with access to additional platforms. The company offers a targeted portfolio of metropolitan and long haul services including Dark Fibre, Wavelengths, and Ethernet. Wholesale, finance, content, media, data centre and enterprise customers benefit from euNetworks’ unique inventory of fibre and duct based assets that are tailored to fulfil their high bandwidth needs.

Hannah Britt
Chief Marketing Officer
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