B-NETTHE NEXT GENERATION OF TELECOM SERVICES FOR PALESTINE

Mr. Paul Wade, Marketing ConsultantBCI

The Investment Opportunity …. B-Net is established as an independent operating company to own and operate full-service High Speed Data network

delivering service within 3-6 months of final approvals offering an investment opportunity to participate in the growing ICT market in Palestine

The Investment requirement: 

3-year Capital requirement:               $65 millionBCI Investment:                               $16.5 millionInvestment Required:                        $48.5 million

With opportunity for above average Return on Investment.….with a clear exit strategy

….the Wireless Broadband network for Palestine

BCI is a leading telecom and IT services company in Palestine, with existing radio telecom network, facilities, and operating experience built up over 15 years with Leading Worldwide vendors and has already received licenses from the PNA for full-service broadband (Wimax) and VoIP

-BCI has entered into a Technology partnership with Motorola and has an agreed technical assistant grant from USTDA

Who we are ……

The Market Need for Wimax in Palestine …..

…. demand is already present

-There is pent-up market demand for broadband services in Palestine -Broadband penetration is low < 12%-High-speed services are expensive -Clear opportunity for aggressive competitive market entry

B Net will deliver an “out of the box” solution

Scope of Services •High-speed Internet data services •Voice services / VoIP•Video and videoconferencing •Managed services / Software as a service

Distribution is key …..

….B-Net has the routes to market

All designed around individual Segment requirements

to enhance both acquisition and retention

and reduce churn

Current Status …..

….advanced stage of operations

-All required licenses awarded in January 2008-Network technical plan and specifications completed (Motorola)-Advanced negotiations underway with Joint Technical Committee -Offering memorandum under development (Network Dynamics Associates) -Marketing and operations plan to commence (USTDA grant)-Existing telecom assets in place (towers, operating center, technical support)- Beginning investment partner solicitation

In Summary ….• First broadband competitor in high-growth Palestinian

market

• Exceptional telecom operating experience in Palestine

• Deep technical expertise in wireless

• Near term exit potential via an IPO

• A full Prospectus is available to potential investors

B-Net : The next generation of telecom services for PalestineContact:  sbaransi@bci.ps