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MTN selects Intracom Telecom's Point-to-Multipoint System for its network advancement in the sub-Saharan region

Athens, Greece - 11 November 2013 - Intracom Telecom, a global telecommunications systems vendor, announced today the signing of a Frame Agreement with MTN, a world-class telecommunication services provider operating in 22 countries across Africa, Middle East and Asia, to supply its innovative Point-to-Multipoint wireless system, WiBAS.

Intracom Telecom's WiBAS system will enable MTN operators to decrease their annual spending on fees for operating frequencies, reduce the expenses for site rental and enhance their network coverage, and offer high-quality, reliable broadband services to its corporate subscribers across MTN's countries of operation.

Facts:

• MTN will be benefiting from Intracom Telecom's technologically-advanced and cost-effective solution, WiBAS that reduces significantly the deployment time and design complexity in upgrading its broadband networks.
• The framework agreement covers all 22 countries served by MTN operators across Africa & Middle East while at this initial phase Intracom Telecom will deploy its WiBAS system to MTN and its subsidiaries in South Africa, Nigeria, Cameroon and Benin.
• The first systems under this Frame Agreement will be deployed in MTN's network in South Africa within 2013.
• MTN will be gaining from Intracom Telecom's extensive international successful deployments that include renowned telecom operators such as: Internet Solutions in RSA, Etisalat in the United Arab Emirates and other countries, T-Mobile in Central Europe and the Balkans, as well as Rolaware in Greece.

Quotes:

Tim Williams, MTN Procurement Executive, said:

"As an experienced user of Multipoint technology, MTN selected Intracom Telecom's WiBAS platform after thorough evaluation of the techno economic benefits that the WiBAS platform will offer to our operations. We look forward to a long-term partnership that will enable us to maintain our leading market position in the continents we operate."

Faissal Damaj, VP Sales Europe & Africa of Intracom Telecom, said:

"We are honored to be entrusted by MTN Group for our core product and we are looking forward to working with MTN operators to assist them achieving their business goals. The scope of this global frame agreement is to facilitate MTN and its subsidiaries to enter new markets and improve operational efficiency and competitiveness. Our highly-skilled technical teams, our local presence and the advanced product portfolio we offer, are in the framework towards this direction."

The company presents its advanced wireless product portfolio at AfricaCom, 12-14 November 2013, in Cape Town (stand number C16).

About MTN Group

Launched in 1994, the MTN Group is a leading emerging market operator, connecting subscribers in 22 countries in Africa, Asia and the Middle East. The MTN Group is listed on the JSE Securities Exchange in South Africa under the share code: "MTN." As of 30 June 2013, MTN recorded 201.5 million subscribers across its operations in Afghanistan, Benin, Botswana, Cameroon, Cote d'Ivoire, Cyprus, Ghana, Guinea Bissau, Guinea Republic, Iran, Liberia, Nigeria, Republic of Congo (Congo Brazzaville), Rwanda, South Africa, Sudan, South Sudan, Swaziland, Syria, Uganda, Yemen and Zambia. Visit. Visit us at, www.mtnbusiness.com , www.mtn.com, www.mtnmmo.com and for our football fans www.mtnfootball.com

About Intracom Telecom

Intracom Telecom is a global telecommunication systems vendor operating for over 35 years in the market. The company innovates in the wireless access and transmission field, offers a competitive telco software solutions portfolio and combines its offerings with a complete range of professional services. Intracom Telecom invests significantly in developing cutting-edge products and solutions while exploiting its advanced in-house R&D center. Over 100 customers in more than 70 countries choose Intracom Telecom for its state-of-the-art offerings. The company's clientele consists of fixed & mobile telecom operators, public authorities and large enterprises. Intracom Telecom's major shareholders are Intracom Holdings and SITRONICS.

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