Vispa Statement

Over the past eighteen months, the broadband internet market has changed considerably with the introduction of new providers, on-going BT Wholesale price changes and vague delivery times of BT’s new WBC (24MBps services). It has been very difficult for us as a company to plan the best way forward and most certainly it would have been unwise to commit to such an order with BT given the uncertainty of BT’s future services.

Having reviewed all our options and conducted lengthy meetings with BT Wholesale, taking into account the estimated delivery times of WBC & IP Stream Connect services in Q4 2009, we feel that now is the perfect time to secure extra broadband capacity with BT as stepping stone towards WBC services later this year.