Jazztel and ACEVAS Sign an Agreement To Provide Advanced Telecommunications Services

Apr 02, 2001, 01:00 ET from Jazztel plc

    MADRID, Spain, April 2 /PRNewswire/ -- Jazztel (Nasdaq:   JAZZ)
 (Easdaq: JAZZ) (Nuevo Mercado in Spain: JAZ) and ACEVAS (Spanish Association
 of Volkswagen, Audi and Skoda's car dealerships) have signed an agreement to
 provide fixed telephony and data transmission services to ACEVAS's affiliated
 car dealerships throughout Spain.
     Jazztel will offer advanced broadband telecommunications services to
 ACEVAS' 250 associates.  In order to facilitate the use of its services
 (private virtual networks, IP services, Intelligent network services, ASP
 etc.), Jazztel will be holding seminars for all the ACEVAS associates.  These
 seminars will provide increased productivity as well as strengthened
 competitiveness for the car dealerships, through enhanced information
 technology.
     This agreement will benefit Jazztel through increased usage of the
 company's voice, data and Internet services by ACEVAS' associated network and
 ACEVAS will benefit from more advanced technology and a significant reduction
 in costs.  ACEVAS' current average annual expenditure for telecommunications
 services is approximately 1.100 million pesetas.
     The location of ACEVAS's car dealerships in the major Spanish cities
 largely coincides with Jazztel's current network infrastructure or its plans
 for further development.  The associated companies are located throughout
 Spain, with principal offices in larger cities such as Madrid, Barcelona,
 Valencia, Sevilla, Bilbao and Zaragoza, among others.
     Jazztel's most up-to-date networks combine optical fibre and LMDS
 technology (local access via radio).  This infrastructure, which Jazztel will
 make available to all ACEVAS associates, will provide them with a large number
 of voice and data services, as well as a much faster transmission speed
 compared with the traditional copper wire networks.
     According to Antonio Garcia de Nicolas, president of ACEVAS, "This is a
 very advantageous agreement for all of our associates.  Thanks to the
 significant economies of scale, Jazztel's service provides ACEVAS with a
 considerable reduction in costs.  Furthermore, it means that our associates
 will have access to the most up-to-date networks and telecommunications
 services.  They will also benefit from an IT programme which gives them
 substantial competitive advantages in the market place."
     Pedro Mayor, director of operations of Jazztel, is also very satisfied
 with the agreement, "Working closely with ACEVAS, who know the interests of
 their associated dealerships, our future clients, has been key to this
 agreement's success.  Jazztel's mission is to provide state of the art
 technology that increases operating efficiency at competitive prices to SMEs.
 This agreement reflects our continued success at winning new and innovative
 customers who strengthen Jazztel's growing leadership in providing
 telecommunications services to the Iberian market."
 
     ACEVAS
     The Ascociacion de Concesionarios Espanoles de Volkswagen, Audi y Skoda
 has a total of 250 associated car dealerships, with a volume of sales nearing
 175,000 vehicles, and employs more than 10,000 professionals.
 
     Jazztel
     Jazztel plc is a rapidly expanding data and telecommunications operator
 with activities in Spain and Portugal.  The company provides broadband
 solutions for data, internet and voice services to small and medium sized
 businesses in the Iberian Peninsula.  Jazztel is currently the only pan
 Iberian data and telecommunications operator investing in local access
 networks with broadband capacity.  The company is constructing networks in
 over 150 metropolitan areas and business parks in Spain and Portugal.  The
 access networks, linked by a long-distance network, will constitute one of
 Europe's fastest data and internet telecommunication network with transmission
 capacity of up to 720 gigabits.  The company was founded end 1997 and has
 around 900 employees.  Additionally, Jazztel recently acquired Adatel, a
 telecommunications solutions integrator for SMEs and CCS an IT integrator.
 Jazztel also holds nationwide fixed wireless access licenses in Portugal and
 Spain, in the last case through Banda 26, a subsidiary of the Group.  The
 Jazztel Group had total revenues of Euro 124.4 million for the year 2000, a
 growth of 433.9% from 1999.  For further information go to www.jazztel.com
 
     Certain statements in this release are forward-looking statements that are
 subject to material risks and uncertainties.  Actual results could differ
 materially from those stated or implied by such forward-looking statements due
 to risks and uncertainties associated with its businesses, which include among
 others, competitive and technological developments, risks associated with the
 Company's growth, construction delays, the development of the Company's
 markets, regulatory risks, dependence on its major customers and their
 spending patterns and other risks which will be presented in the Company's
 filings with the US Securities and Exchange Commission, including its annual
 report on Form 20-F and reports on Form 6-K, and certain European regulatory
 authorities.  For this reason and others, the actual results may be
 substantially different from the results expressed or implied in the
 statements.
 
 

SOURCE Jazztel plc
    MADRID, Spain, April 2 /PRNewswire/ -- Jazztel (Nasdaq:   JAZZ)
 (Easdaq: JAZZ) (Nuevo Mercado in Spain: JAZ) and ACEVAS (Spanish Association
 of Volkswagen, Audi and Skoda's car dealerships) have signed an agreement to
 provide fixed telephony and data transmission services to ACEVAS's affiliated
 car dealerships throughout Spain.
     Jazztel will offer advanced broadband telecommunications services to
 ACEVAS' 250 associates.  In order to facilitate the use of its services
 (private virtual networks, IP services, Intelligent network services, ASP
 etc.), Jazztel will be holding seminars for all the ACEVAS associates.  These
 seminars will provide increased productivity as well as strengthened
 competitiveness for the car dealerships, through enhanced information
 technology.
     This agreement will benefit Jazztel through increased usage of the
 company's voice, data and Internet services by ACEVAS' associated network and
 ACEVAS will benefit from more advanced technology and a significant reduction
 in costs.  ACEVAS' current average annual expenditure for telecommunications
 services is approximately 1.100 million pesetas.
     The location of ACEVAS's car dealerships in the major Spanish cities
 largely coincides with Jazztel's current network infrastructure or its plans
 for further development.  The associated companies are located throughout
 Spain, with principal offices in larger cities such as Madrid, Barcelona,
 Valencia, Sevilla, Bilbao and Zaragoza, among others.
     Jazztel's most up-to-date networks combine optical fibre and LMDS
 technology (local access via radio).  This infrastructure, which Jazztel will
 make available to all ACEVAS associates, will provide them with a large number
 of voice and data services, as well as a much faster transmission speed
 compared with the traditional copper wire networks.
     According to Antonio Garcia de Nicolas, president of ACEVAS, "This is a
 very advantageous agreement for all of our associates.  Thanks to the
 significant economies of scale, Jazztel's service provides ACEVAS with a
 considerable reduction in costs.  Furthermore, it means that our associates
 will have access to the most up-to-date networks and telecommunications
 services.  They will also benefit from an IT programme which gives them
 substantial competitive advantages in the market place."
     Pedro Mayor, director of operations of Jazztel, is also very satisfied
 with the agreement, "Working closely with ACEVAS, who know the interests of
 their associated dealerships, our future clients, has been key to this
 agreement's success.  Jazztel's mission is to provide state of the art
 technology that increases operating efficiency at competitive prices to SMEs.
 This agreement reflects our continued success at winning new and innovative
 customers who strengthen Jazztel's growing leadership in providing
 telecommunications services to the Iberian market."
 
     ACEVAS
     The Ascociacion de Concesionarios Espanoles de Volkswagen, Audi y Skoda
 has a total of 250 associated car dealerships, with a volume of sales nearing
 175,000 vehicles, and employs more than 10,000 professionals.
 
     Jazztel
     Jazztel plc is a rapidly expanding data and telecommunications operator
 with activities in Spain and Portugal.  The company provides broadband
 solutions for data, internet and voice services to small and medium sized
 businesses in the Iberian Peninsula.  Jazztel is currently the only pan
 Iberian data and telecommunications operator investing in local access
 networks with broadband capacity.  The company is constructing networks in
 over 150 metropolitan areas and business parks in Spain and Portugal.  The
 access networks, linked by a long-distance network, will constitute one of
 Europe's fastest data and internet telecommunication network with transmission
 capacity of up to 720 gigabits.  The company was founded end 1997 and has
 around 900 employees.  Additionally, Jazztel recently acquired Adatel, a
 telecommunications solutions integrator for SMEs and CCS an IT integrator.
 Jazztel also holds nationwide fixed wireless access licenses in Portugal and
 Spain, in the last case through Banda 26, a subsidiary of the Group.  The
 Jazztel Group had total revenues of Euro 124.4 million for the year 2000, a
 growth of 433.9% from 1999.  For further information go to www.jazztel.com
 
     Certain statements in this release are forward-looking statements that are
 subject to material risks and uncertainties.  Actual results could differ
 materially from those stated or implied by such forward-looking statements due
 to risks and uncertainties associated with its businesses, which include among
 others, competitive and technological developments, risks associated with the
 Company's growth, construction delays, the development of the Company's
 markets, regulatory risks, dependence on its major customers and their
 spending patterns and other risks which will be presented in the Company's
 filings with the US Securities and Exchange Commission, including its annual
 report on Form 20-F and reports on Form 6-K, and certain European regulatory
 authorities.  For this reason and others, the actual results may be
 substantially different from the results expressed or implied in the
 statements.
 
 SOURCE  Jazztel plc