6th February 2006

Proposed acquisition of a long haul network in Europe

06 February 2006 – The Board of Directors of Global Voice Group Ltd (“GVG” or the “Company”) wishes to announce that the Company has today entered into a memorandum of understanding (“MOU”) with Viatel Holding (Bermuda) Limited (the “Vendor”) for the Company and/or its subsidiaries (the “GVG Group”) to acquire certain network assets (the “Proposed Acquisition”) from the Vendor and/or its subsidiaries (the “Viatel Group”).

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 536 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

hannah.britt@eunetworks.com linkedin.com/in/hannahobritt