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Italtel, headquartered in Milan, Italy, is one of the 10 largest suppliers of telecommunication systems worldwide. Italtel's core business is the design, development and implementation of new-generation integrated multi-service networks (voice/data/video), accompanied by a full range of support services. Its solutions are intended for traditional carriers, emerging telecom operators, Internet Service Providers and major corporations.

Italtel is one of the few companies worldwide with the know-how to develop networks integrating the diverse elements of access, transport, switching and routers using both proprietary and third party technologies. In addition, its systems integration expertise allows the Company to deliver reliable network infrastructures that have significant flexibility as well as internetworking capabilities.

Italtel has 27 million lines installed worldwide and ranks number one in Italy, one of Europe's most dynamic markets. It has installed fixed networks in more than 20 countries, including Italy, Spain, Russia, Latin America (Argentina, Chile, Columbia) and Hong Kong. The Company has more than 3,600 employees, 46 percent of whom work in leading-edge research areas.

Italtel and Cisco Systems (which owns 19.9% of Italtel) have formed a technological and commercial partnership to supply advanced solutions for carriers and service providers active in the net economy. Italtel's other shareholders include Telecom Italia, CD&R, Advent International and Brera.

For more information, visit www.italtel.com


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