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Release Date: 29-Oct-2002

Telecom New Zealand chooses New Global Telecom for Outsourced Network Operations Services

October 29, 2002. New Global Telecom, an international telecommunications provider, and Telecom New Zealand, the major telecommunication provider in New Zealand, announced they have entered into a three-year contract. Under the terms of the contract, New Global Telecom is responsible for 24x7 network operations services including network surveillance and support and on-site support services for Telecom New Zealand's gateway switches in Los Angeles and London.

"New Global Telecom's experienced team has been dedicated to understanding TNZ's needs and delivering innovative, cost-effective solutions. NGT's outsource solution allows us to focus on our service offerings, knowing that the network operations are in good hands," stated Ian Neale, President and Country Manager, Telecom New Zealand US.

"NGT provides a unique outsource solution that enables us to reduce our operating costs, while maintaining a focus on our customers and our worldwide services," added Selwyn Rimmer, Managing Director and Country Manager, Telecom New Zealand UK Limited.

"We are delighted to continue delivering value to Telecom New Zealand," stated Rich Grange, President and CEO, New Global Telecom. "This new contract represents a new phase in our growing relationship with Telecom New Zealand."

New Global Telecom's network operations offering is an outsourced surveillance and support solution for voice switching infrastructure. From NGT's state-of-the-art Network Operations Center (NOC) in Golden, Colorado, NGT's highly trained technicians monitor customer networks 24x7, quickly identifying network faults and taking appropriate corrective actions.

About Telecom New Zealand
Telecom New Zealand (TNZ) is the major telecommunications provider in New Zealand. TNZ has an established reputation as a leader in marketing, new product development, network and operations initiatives designed for operating in one of the most open markets in the world. Telecom New Zealand's network connects with 260 countries worldwide, and enables comprehensive worldwide services with excellent network management and technical back-up. For more information, please visit www.tnzi.co.nz.

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