Telio enters the Swiss market

Press Release Telio enters the Swiss market, and launches a service that offers free, unlimited telephone calls within Switzerland and to over 30 countries worldwide.

Zurich, 18 January 2010: Telio, a leading European Internet communications provider, has entered the Swiss market. Telio offers an Internet based telephony service, which enables customers to replace their traditional fixed line with a more affordable solution. For a low monthly fee, Telio offers unlimited free calls to the Swiss fixed line network, and to the fixed line networks of over 30 countries worldwide. In addition the customer gets free minutes to more than 150 countries. Telio already has a strong presence in 3 European markets. In Norway, Telio has been the second largest fixed line provider nationwide since 2008. The head office is in Oslo, and the company is listed on the Oslo stock exchange as "TELIO". The Board of Directors and the Advisory Board of the Telio Group include some of the most respected Internet telephony experts worldwide. Telio has won a number of quality and best service awards for its services in Norway and The Netherlands. Thanks to innovative products and services based on a scalable, access independent platform, customers can make high quality and low-cost telephone calls with a normal telephone set, whether calling a fixed line or a mobile number. The only prerequisite to allow you to benefit from Telio’s offer is a DSL, cable or fiber Internet connection. Telio offers a unique and very attractive price plan to customers. The monthly subscription fee is only CHF 24.95. All calls to the Swiss fixed line as well as calls to the fixed line of over 30 countries are included. The customer can call as long and as often as he wants, it’s all included. In addition Telio includes free minutes to over 150 countries. Also the prices on calls to mobile phones are very competitive, for example a call to a Swiss mobile costs only 25 rappen per minute, and calls to most European destinations cost only 16 rappen per minute. And the best: There is no additional connection or call set-up fee as other providers charge. In Switzerland, Telio is listed in the business register under the company name of Telio Telecom AG. Sascha Greber has been appointed as the Country Manager. “Sascha Greber brings extensive experience from his previous positions in the Telecom and Mobil industry”, says Eirik Lunde, CEO of the Telio Group. “The potential for Telio in the Swiss Market is large. Our product is unique, innovative and very easy to install. Our pricing is unique as well. The included unlimited calls, the included free minutes, and the very low prices on calls to mobile networks are more than just attractive," explains Sascha Greber. "Telio's services are interesting to everyone, but in particular to people who make a lot of calls abroad, whether in Europe, North and South America, Africa, Asia or Australia. Our customers profit from a high quality product and they save a lot of money with Telio." You can subscribe to the service either online at www.telio.ch, or by making a free call to Telio's Swiss customer service (0800 88 66 88). For further information please contact: Eirik Lunde, CEO Telio Holding ASA, +47 4809 6964, eirik.lunde@telio.no