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Internet Telecommunications PLC appoints
Written by charlie   
Tuesday, 20 December 2005
Internet Telecommunications PLC appoints

 

Dr Fredrik Verkroost as its Chairman ahead of Nasdaq listing

 

 

Internet Telecommunications Plc is pleased to announce the appointment of Dr. Fredrik Verkroost as Chairman of the Board with immediate effect and take on responsibilities for global expansion of this fast-growing telecommunications company.

 

 

Commenting on his appointment, Mr Charlie Yiasemis, Founder and Chief Executive, said “we are thrilled to have attracted such an experienced telecom board executive with successful experience of IPO’s and mergers & acquisitions to help Internet Telecommunications Plc develop its worldwide expansion and re-financing through a Nasdaq listing. Our plans to capture a significant part of the UK and overseas markets for low-cost line rental and airtime provision will be further boosted by Dr Verkroost’s appointment”.

 

Dr. Verkroost has been instrumental in positioning entrepreneurial Companies for growth, securing significant rounds of finance and 2 IPO’s. Among his larger assignments, he was deputy CEO of the mobile satellite operator ICO Global Communications and led the restructuring and merger of Swiss multinationals Landis & Gyr AG and Electrowatt AG with Siemens AG.

 

“What attracted me to Internet Telecommunications Plc is that it is in a unique position to become a dominant force in fixed-line communications”, said Dr Verkroost. “Due to its ability to offer low cost line rental, service providers, businesses and subscribers are rapidly converging to our package solution of line rental + voice and data communications. The future looks very bright indeed”.

 

 

About Internet Telecommunications Plc

Internet Telecommunications Plc is a fast-growing provider of low-cost line rental and a range of airtime services to the retail and wholesale markets in the United Kingdom and overseas. It’s ‘Meet and Beat’ policy ensures that service providers, businesses and subscribers benefit from the best prices in the market through its own network with full geographic coverage. Internet Telecommunications Plc also operates a Wholesale Line Rental ‘WLR’ agreement with service providers from its website: www.itwlr.com

 

 

For further information, please contact:
Internet Telecommunications Plc – contact: Marketing
Website: www.itplc.com
Telephone: 020-7216-9000   
Email: This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
 
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