&

STRATEGIC PARTNERSHIP

Feb 05, 2008

&

STRATEGIC PARTNERSHIP

Feb 05, 2008

Safe harbour ::Neither the information nor any opinion expressed in this presentation constitutes an offer, or invitation to make an offer, or to buy any security issued by the company. This presentation contains predictions, estimates or other information regarding the Company's operations which are forward looking in nature. While these forward looking statements represent our best current judgment on what the future holds, they are subject to risks and uncertainties that could cause actual results to differ materially and may involve risk and uncertainty. This presentation is prepared for general purposes only and does not have any regard to the specific investment objectives, financial situation and particular needs of any specific person. No liability for any loss will arise with the company as a result of the action taken on the basis of information contained herein.For a discussion of the risks and uncertainties that may cause results to differ, you should review GTL’s filings with stock exchanges, including the annual report and quarterly disclosures.

2

Market Drivers – UK Telecom Market Drivers – UK Telecom MarketMarket

• Acute need to manage Network costs – Saturated Markets imply necessity in reducing costs

– Improved depth of 3G coverage & capacity

• Network Consolidation in the UK Market– Telcos are consolidating network footprints by developing Joint entities

to plan for future expansion. For eg

• Orange and Vodafone

• T-Mobile and H3G

• Need for a Single Stop solution – Demonstrated capability and domain knowledge of network

infrastructure services

– Deep understanding of UK telecom market and a trusted track record with all major MNO’s

Partnership between GTL and Ericsson UK will provide unique MNIS offering to the UK Telecom Market

3

Proposed Partnership StructureProposed Partnership Structure

• GTL and Ericsson UK form strategic partnership through a SPV

• GTL will consolidate network infrastructure. Provide long term O&M services with on shore/off shore delivery model

• The partner Ericsson will market the MNIS offerings to Mobile Network Operators {MNO}

T Mobile

H3G

O2

Vodafone

SPV

Ericsson UK

GTLUK Telecom Operators

Orange

Managed Network Infrastructure Services

4

The OpportunityThe Opportunity

• Projected Business Opportunity

– New Build Sites : 1000 sites rollout in 3 years

– Network Consolidation : 5000 sites in 3 years

– Opportunity for Operations & Maintenance of network infrastructure

– Deployment of the Network

• Using Indian advantage for offshore delivery

– Design drawing & Documentation

– Site Access

– Helpdesk for O&M & Engineering

• Total Revenue Potential – GBP 90 million over the next three years

GLOBAL Group at a GlanceGLOBAL Group at a Glance

6

$ 1.5 bn balance sheet size

$ 600 mn Revenue

$ 2.2 bn Market Cap*

20 Years of service

28 Countries around the globe

35 Cellular Networks

24,000 Cell Sites

24 Million Subscribers

12,675 Dedicated Employees * Fully diluted basis

7

NetworkServices

NetworkPlanning & Design

Professional Services

InfrastructureManagement

NetworkOperations & Maintenance

NetworkDeployment

ApplicationManagement

PassiveTelecom Infrastructure

Services

GTL GIL

BusinessBusiness

GTL Ericsson RelationshipGTL Ericsson Relationship

9

TSPTurnkey Service Provider

Contractor

BSNLSTC

Mobitel

Birla AT&THutchBSNLSTC

Birla AT & T

ProjectsYear

ASPAuthorized Service Provider

1995

2001

2003

2005

India

IndiaKSA

IndiaKSASrilanka

UKIndiaKSASrilankaKuwaitOmanBangladeshNigeriaGuinea ConakryIndonesia

Network Deployment

ISPIntegrated Service Provider

T MobileBSNL, Idea

STC,Etisalat Mobitel

Wataniya Navras

Grameen, AktelCelltel Orange

Network Deployment

Network DeploymentNetwork Planning

Network DeploymentNetwork Planning

Network O&M

Scope

2007-08

Role

Partners in SuccessPartners in Success

10

Network Planning & Design

Network Deployment

Network Operations & Maintenance

Professional Services

Infrastructure Management

Application Management

Au

stra

lia

Om

an

Ku

wai

t

B

ang

lad

esh

Ind

ia

Sri

Lan

ka

KS

A

UK

Nig

eria

GTL – Ericsson: Across the globeGTL – Ericsson: Across the globe

New areas of co-operation

Thank You

www.gtllimited.com

Thank You

www.gtllimited.com