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Investcom LLC (INVT)

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Thursday 20 April, 2006

Investcom LLC

Launch of Services in Guinea

Investcom LLC
20 April 2006

For Immediate Release


20 April 2006 - Investcom, the international, mobile telecommunications company,
today announced that it has launched commercial mobile telecommunications
services in the Republic of Guinea, under the brand name Areeba.

Services will initially be concentrated in the capital city, Conakry, with
national coverage following soon after.  Areeba's services will include national
and international mobile services including SMS, multiple and conference calls
including voice mail services that currently are only being offered by Areeba.

Guinea's population stands at 9.4 million, with mobile penetration levels
estimated at 1.88% as of December 2005.  Historically, Guinea has suffered from
low levels of fixed line infrastructure.  Areeba is the fourth mobile operator
to launch services in Guinea.

Azmi Mikati, Chief Executive Officer of Investcom commented:

'We are delighted to be launching services in a new territory so quickly.  Our
build out has been efficient and has been delivered on time.  Guinea's mobile
and fixed line penetration levels are among the lowest in the world.  This fact,
combined with the size of the country, represents a great opportunity for the
Areeba brand to make considerable impact.'

Areeba was awarded its license by the Government of the Republic of Guinea to
install, operate and manage a GSM cellular network under the brand name Areeba
in 2005.  Investcom has selected Ericsson for Guinea's GSM network.

For more information please contact:

Fadi Agha on +961 1 790 111 or [email protected]

About Investcom
Investcom LLC ( is an international provider of mobile
telecommunications services with operations in nine countries in the Middle
East, Africa and Europe.  The company operates GSM networks, mostly under the
Areeba(TM)brand, in Syria, Ghana, Yemen, Benin, Liberia, Cyprus, Guinea-Bissau,
Guinea and Sudan. As of December 2005, Investcom provided services to 4.9
million mobile subscribers.  Investcom has also recently been awarded a GSM
license to build and operate a mobile network in Afghanistan, expanding its
operations to ten countries and boosting its combined population under license
to approx. 147 million.

The company also provides international carrier services, principally through
its operations in Monaco, fixed telephony services in the United Kingdom and
telecommunications engineering and consulting services.

                      This information is provided by RNS
            The company news service from the London Stock Exchange                                                                                                                                          

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