Microcom, the largest ISP in the Democratic Republic of Congo (DRC), has signed a multi-year contract with O3b Networks, Ltd.

* O3b Networks to provide low-latency fibre quality Internet backhaul to the
DRC

ST. JOHN, Jersey, Channel Islands--(Business Wire)--
O3b Networks, the developer of a new fibre quality, global Internet backbone,
announced today that Microcom DRC has signed a multi-year, multi-million dollar
contract for O3b Networks`s Quick Start service. O3b`s Quick Start carrier
managed service provides high-bandwidth, low-latency Internet access directly to
Microcom. Once connected, Microcom will offer more affordable, high speed
Internet access to its customers.

O3b Networks, funded by Google Inc., Liberty Global, Inc. and HSBC Principal
Investments, is building the world`s first ultra-low-latency, fibre-speed
satellite network. The network is designed to improve Internet access for the
millions of consumers and businesses in emerging and developing markets.
Activation is scheduled for late 2010.

"As the largest wireless ISP in the DRC, we have successfully addressed customer
access to our network; for us, the challenge is to provide a low-latency
connection back to the global Internet," said Leon Ntale, CEO Microcom. "With
O3b`s Quick Start service, we have access to a fibre quality service without the
overhead of a fibre network. With the O3b backbone, we look forward to providing
high speed Internet access to the 60 million people of the DRC."

"Microcom, like many emerging market operators, has significant opportunities to
provide new data services," said John Finney, EVP Sales and Marketing for O3b
Networks, Ltd. "In most markets,the reliable low latency backhaul does not
exist. This is where O3b comes in. Our solutions allow operators to provide an
Internet experience similar to developed markets."

About Microcom DRC

Microcom, founded in 1982, is the leading Wireless Internet Access service
provider (WISP) in the Democratic Republic of Congo and Congo Brazzaville . From
its establishment, Microcom has gathered experience in telecommunications with
the deployment of its private satellite network in twelve cities in DRC. In each
city, Internet access is provided by a Wimax broadband wireless access network
designed for providing high speed-data to the Internet users. Microcom built the
first African WiMax network. Today, they have more than 5000 CPE`S installed. In
2009 and 2010, Microcom will expand its fixed network to provide a new Mobile
Wimax Network and use the capacity from O3b Networks to provide a low-latency
connection to the Internet.

About O3b Networks

O3b Networks is building a new fibre-quality,satellite-based, global Internet
backbone for telecommunications operators (telcos) and Internet service
providers (ISPs) in emerging markets. With deployment scheduled for late 2010,
the O3b Networks system will combine global reach and the speed of a fibre-optic
network. With investment and operational support from Google Inc., Liberty
Global, Inc. and HSBC Principal Investments, the O3b Networks system will
provide telcos and ISPs with a low-cost, high-speed alternative to connect their
3G, WiMAX and fixed-line networks to the rest of the world. This will allow
billions of consumers and businesses in more than 150 countries to benefit from
high-speed Internet connectivity for educational, medical and commercial
applications. O3b Networks` headquarters is in St. John, Jersey, Channel
Islands. Ground systems and technical development are managed through a wholly
owned subsidiary in Englewood, Colorado. For more information visit
www.o3bnetworks.com.

O3b Networks
Mike Serrano, 925-915-4835
mike.serrano@o3bnetworks.com

Copyright Business Wire 2009