- 15 March 2005 -

Fusion enter Turkish market

Fusion Telecommunications has acquired a 75% interest in LDTS Uzak Mesafe Telekomikasyon ve Iletisim Hizmetleri San.Tic.A.S. a telecoms carrier licensed to provide services in Turkey. The acquisition will close oin receipt of approval from the Turkish Telecom Authority, at which point the company will operate in Turkey under the name Fusion LDTS.

The Company is building its network out in twelve cities, and plans to offer VoIP services under the Efonica brand name, including nationwide long-distance and other IP communications services to business and residential customers in the Turkish market.

Among the shareholders of LDTS, is Bayram Ali Bayramoglu who will join the board of Fusion LDTS. He served as the President of MUSIAD, an Independent Industrialists and Businessmen's Association with over 26 branches and 2000 members in Turkey, and is chairman of the BAB Group, a conglomerate engaged in construction, mining, telecommunications, food and consultancy.

Commenting on the acquisition, Matthew Rosen, president and COO of Fusion said, "We believe that the Turkish market, with a population of over 73m , represents a tremendous opportunity for Fusion. Internet usage in Turkey has nearly tripled since 2000, but overall penetration remains extremely low, with only 7.5% of Turkish citizens currently online.

" Fusion is among the first VoIP providers to enter the Turkish market, and we are confident in our ability to establish a strong presence in this region."