WIND

completed

The project consists of the construction, expansion and operation of a telecoms and television network in Dominican Republic. Wind Telecom S.A. (the “Company” or “WIND”) is a provider of broadband internet, telephony, pay TV and data center services in a market with a relatively low industry indicators (e.g., 10% tele-density, 6% broadband penetration and 6% pay-TV penetration). The company’s services are provided through a mix of technologies including WiMAX , point-to-point microwave, fiber optics and MMDS. The purpose of the project is to provide triple play services across the main cities in Dominican Republic. WIND has acquired national spectrum rights (20-year license). The company targets residential, corporate and institutional customers. The roll-out has begun in Santo Domingo and Santiago, and over the next 18 months will expand to Moca, Salcedo, Tenares, La Vega, San Pedro Macoris, La Romana, San Francisco, Mao, Esperanza, San Cristobal, Moca and Puerto Plata.