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Telio signs wholesale agreement with Pretium Telecom BV in the Netherlands

Telio Netherlands BV, a wholly owned subsidiary of Telio Holding ASA, has 27 October 2008 signed a wholesale agreement with the Dutch telecom provider Pretium Telecom BV

Telio Netherlands BV, a wholly owned subsidiary of Telio Holding ASA, has 27 October 2008 signed a wholesale agreement with the Dutch telecom provider Pretium Telecom BV. Pretium Telecom is one of the largest consumer PSTN resellers in the Dutch market and currently provides more than 200,000 residential customers with traditional fixed telephony services. Pretium Telecom is now planning to expand its market by providing VoIP services. Pretium Telecom will market and sell the VoIP Service to residential customers in the Dutch market. Telio will provide its world renowned VoIP platform and corresponding services.

"We are very pleased to announce this agreement with one of the largest providers in the Dutch telecom market. It is both recognition of Telio's outstanding technology platform and an important step forward in expanding our distribution and market presence outside Norway," says CEO Eirik Lunde of Telio Holding ASA.

"Pretium Telecom has searched the market in order to find a partner tot help us in achieving our ambitious goals for the VoIP market in the Netherlands. Telio, with its highly recognized technological platform, has proven to meet our requirements and needs and we are looking forward to the cooperation with Telio with great expectations," says CEO Hans Nyks of Pretium Telecom.

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