Eleuthera

BTC Announces GSM Phone Service for Eleuthera

BTC Brings “The World at the Fingertips” to Four Family Islands

Bahamas -- BTC Press Release November 23, 2007

Nassau, New Providence November 23rd 2007. The Bahamas Telecommunications Company Limited, BTC proudly announced the launch of GSM in the islands of Acklins, Crooked Island, Eleuthera and San Salvador in a press briefing this morning. President & CEO, Mr. Leon Williams stated that “Today’s launch reaffirms BTC’s vision, “to enhance the Bahamas’ competitive position in the global community by developing and maintaining the most modern cost effective telecommunications solutions for our customers.”

Residents of these four islands have been placed on international standing with the launch of GSM services. The President also said that “Investors and indeed prospective investors in these islands will no longer have to worry about being able to keep in ‘real time’ contact with their business associates throughout the world as their feather weight Blackberry devices will work in these islands.”

Over the last eleven months BTC has launched GSM services in Grand Bahama, Abaco, Andros, Berry Islands, Bimini, Exuma, Inagua, Ragged Island and Rum Cay with the “GSM Gone Global” Campaign.

BTC has invested millions of dollars in GSM technology in the Family Islands. In Crooked Island the company invested $1.6 million dollars on three cell sites; one hundred and seventy thousand dollars ($170,000) in Acklins on three cell sites , $1.08 million dollars in San Salvador on two cell sites and $5.6 million in Eleuthera on thirteen cell sites.

GSM has been launched with limited coverage in these islands. BTC Project Management Teams are still working to ensure full island coverage and which the Company aims to have completed in 2008.

Since the launch of GSM in New Providence in 2004 the customer base has increased insurmountably; and with the increased amount of customers accessing BTC’s cellular network there has been a need to enhance mobile services. Over the last several months our teams have worked arduously installing additional cell sites and enhancing existing ones in New Providence and in Grand Bahama to provide BTC customers with improved GSM coverage.

Customers can also look forward to the roll out of new products and services including mobile content, digital voicemail and WiFi which is currently being tested in several locations including the Lynden Pindling International Airport, the Cable Beach strip, Arawak Cay and Bay Street.

BTC is currently the sole provider of wireless services in The Bahamas. The Company has roaming agreements with more than 130 partners for its GSM postpaid customers.

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