let´s gowex - shareholders bulletin - oct 13
DESCRIPTION
About GOWEX (GOW-MAB, ALGOW-NYSE Alternext, LGWXY-OTC Market) GOWEX has operated in the telecommunications sector for 14 years. It is currently leading the creation of "Wi-Fi Smart Cities," which offers free and premium Wi-Fi connectivity on the street and in means of public transportation. The company is now exporting its innovative business models to more than 75 cities in the world, thanks to different agreements with Public Administrations, Franchise stores, Associations and Transport companies. In all its WiFi cities, GOWEX works to create Wireless Smart Cities ® (WiFi Smart Cities) that could offer free wireless Internet to all the citizens and that could improve the services given through wireless connectivity: online meter reading, traffic light control, public transport fleet management, video surveillance and so on. In 2010, GOWEX became the first and only Spanish SMB to make a "dual listing," publicly traded in MAB (GOW) and NYSE-Alternext (ALGOW). The company's total revenue amounted to €114, 1 million in 2012. On December 2012, GOWEX subscribed a €18 million capital, adding 1,528,404 new common shares to the market. In February, 2012, the SEC approved the emission of ADR's program (American Depositary Receipt) allowing to the Group to be quoted equally in the USA on the market OTCQX. With offices in Madrid, Paris, Dubai, London, Buenos Aires, Shanghai and Costa Rica, GOWEX develops a sustainable business model in its Wi-Fi networks, based on the efficient and technical quality of their patented platforms: the Roaming Platform, which allows users to connect freely in all the cities, and the Geolocation Content and Advertisement Platform, which provides financing business through marketing and advertisement agreements. In 2011, GOWEX joined the “Wireless Broadband Alliance” and received a prize for the “Best Web Company” on Internet. In February 2012, Jenaro García GOWEX CEO received the “Entrepreneur of the Year Award” by Ernst & Young in the category of "Innovation”.TRANSCRIPT
Oct 2013
OCT 2013
GOWEX LEADER inDeveloping WirelessSmart Citiesreg
SPECIAL GazetteLetacutes GOWEX Investoracutes Relation
Oct 2013
2
If you would like to be included in the distribution list of GOWEXshareholder news send us an e-mail with the subject mailing listand your full name to
irgowexcom
You will be informed on time via e-mail about the latest relevantnews results publication shareholder meetings and other significantinformation about GOWEX Group and its shares
NEWS DISTRIBUTION LIST for shareholders
Oct 2013
3
Content
OUR MISSION 4
Summary of the firs half 2013 5
Business Growth 9
Ideup adquisition 12
Capital Structure 13
SHARE EVOLUTION 14
MSCI Spain Index 15
News GOW 16tweets 23
Oct 2013
4
A PROVEN AND PROFITABLE BUSINESS MODEL BASED ON NETWORK EFFECT
SUSTAINABLE AND RECURRENT INCOMES
Our mission
JenaroGarciacutea
GOWEX CEO
ldquoBeing the Worldwide leader of Wireless Smart Citiesregbased on the great advantages granted by our Platform(Proprietary Technology and Exclusive Business Model)rdquo
Oct 2013
5
Summary of the first half of 2013at a glance
Financial
Business Units
Internat Footprint
1H 2013
Stock Information
bull GOWEX Telecom (IP bandwith trading platform (16)bull GOWEX Wireless (Engineering Network and Media) (84)
bull Present in more than 75 cities (100 million inhabitants)bull Present is more than 20 transport companies(3 Billion passengers)bull + 100 Countries with more than 165 Roaming Partnersbull Revenues 44 in Spain 56 out of Spain
bull Listed in MAB (Spain) NYSE Alternext (France) and ADR programbull Euros 677 million Market Capbull Oseo Innovation Alternext Allshares and MSCI Spain Index
5722 Million euro Revenues (+ 40 )1252 Million euro EBITDA (+ 55 )787 Million euro Net Profit (+ 44 )
Oct 2013
6
206 257
410
572
68 107176
264
37 50 81 12523 32 55 79
496
667
1143
185
297
556
94
165
308
51 72
170
Half Year Full Year
Turnover GrossMargin
EBITDA Net Profit
Figures in million euros
2010 2011 2012 1H 2013 2010 2011 2012 1H 2013 2010 2011 2012 1H 2013 2010 2011 2012 1H 2013
+40
+50
+55 +44
over 1H 2012
bull Listed in MAB (Spain) NYSE Alternext (France) and ADR programbull Euros 677 million Market Capbull Oseo Innovation Alternext Allshares and MSCI Spain Index
Results 1H 2013
Oct 2013
68
32
Recurrent
Non Recurrent
7
1H 2011 1H 2012 1H 2013
National
International
42 51
44
Evolution of International turnover (Meuro)
Recurrent Non recurrent revenues composition
58
49
56
Sales Distribution
Oct 2013
8
Assets (euroM)30th June
2013Liabilities (euroM)
30th June
2013
Non current
Assets279 Net Equity 785
Current assets 839
Non current
liabilities
ow long-term debts
180
143
ow trade
receivables for
sales and
services
208Current liabilities
ow short term debts153
24
ow cash and
other financial
equivalents
631ow trade and other
acc payable129
Total Assets 1118 Total Liabilities 1118
Balance Sheet June 30 2013
Oct 2013
9
Business Growth
bull IDEUP acquisition
bull Strategic deal with Deutsche Telekom and ATampT in the USA
bull FREEWiFiGOWEX in New York and San Francisco
bull Deal with Win to cover Belgium
bull Alliance with Atlanteam to offer WiFi in airports in France
bull GOWEX will provide WiFi service in Hong Kong expanding in Asia (PCCW)
bull GOWEX gets in Italy with Bluwireless carriersrsquo hand
bull Nice and Ajaccio will have new free WiFi service provided by GOWEX
bull Oi Wi-Fi agreement in Brazil
Oct 2013
10
bull GOWEX strengthens its Board of Advisors and Directors by engaging
world experts in telecommunications
bull Start of the ADR program in New York
bull GOWEX sharesrsquo split with a 51 ratio
bull GOWEX to become part of the MSCI Spain Index
After June 30bull Margaret Chen vice-president of GOWEX China and member of the
board of advisors (Sept13)
bull GOWEX reaches an agreement with Eastern Fibernet and expands its
presence in China and Asia
bull New York City and GOWEX expand free WiFi network
Corporate Governance amp Stock
Oct 2013
11
MargaretChen
Margaret Chen joins GOWEX to lead the companyrsquos development acrossthe Asian market a strategic axis for the companyrsquos growth in the shortand medium term With over 20 yearsrsquo experience in managementpositions in the IT field in China the USA and Spain Margaret was namedone of the ldquoMost Influential Women of the World of Telecommunicationsin Chinardquo in 2006 Two years before Margaret was in charge of opening thefirst Telefonica office in China as Spanish multinational director for Asiawhich helped establish an important agreement between the TelefonicaGroup and China Unicom She will join GOWEX Advisors Board
Oct 2013
12
IDEUP 2012 figures
Revenues 22 million euroEBITDA 350000 euroNet Profit 250000 euro
IDEUP is a leading company in the developmentand implementation of digital services 360 B2B(business to business) covering all areas of digitalpresence from web to mobile web mobile appSEO SEM UX UI Social media etc
ldquoIDEUP will be integrated within the subsidiary GOWEX Mobilerdquo
ldquoWith this purchase GOWEX began a process of evaluation and purchase of companies that add value to the group thus
allowing faster growth of both companiesrdquo
Jenaro Garciacutea
IDEUP acquisition
Oct 2013
13
The social capital of the Company amounts to euro 72313360 divided into72313360 ordinary shares of euro 001 per value each (post split)
3790
2740
2476
994
On 12 March 2010 the company was listed on the Mercado Alternativo
Bursaacutetil (MAB) with an initial price of euro07 per share On 15 June 2010
Gowex became the first and only Spanish [SMB ndash in full] to list its shares
on two exchanges (a ldquoDual Listingrdquo) with quotations on both the MAB
stock market (GOW) and on the NYSE-Alternext (ALGOW) In February
GOWEX receives the authorization of the SEC (Securities and Exchange
Commission) to start an ADR program (LGWXY)
Free-FloatCash DevicesBiotelgyAlvasebi
Capital Structure
Oct 2013
14
Date 10172013
Market Cap (euro) 677000000
Num of shares 72313360 Dividend Paid 001404200 euroDay Average Volume (shares) 192000
30 days
Share evolution 1017201210172013
NYSE Alternext
MAB
Oct 2013
15
The MSCI Spain Index is designed to measure theperformance of the large and mid-cap segments ofthe Spanish market and covers approximately 85
bull BANCO SANTANDER bull REPSOL bull BBVA
bull TELEFOacuteNICA bull AMADEUS IT HLDG A bull GAS NATURAL SDG
bull INDITEX bull ABERTIS INFR bull IBERDROLA
bull FERROVIAL
MSCI Spain Index
of the equity universe in Spain After the addition of GOWEX the indexwill have 22 constituent companies
Top 10 Constituents
Oct 2013
16
Jenaro Garciacutea ldquoThanks to GOWEX and the efforts of the localadministrations we have been able to offer to their citizens free Wi-Fithe ldquowaterrdquo of the twenty-first centuryrdquo
The City of New York and GOWEX expand free WiFi networkto the main suburbs of the city
Oct 2013
17
Bloomberg Businessweek
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
18
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
News GOW
Engadget
Oct 2013
19
Telecompaper
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
20
Sunday World
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
21
Invertia interviewJenaro Garciacutea (GOWEX CEO)
For me this is something that goes far beyond
Our goal is to reach three hundred cities in less than five years and believe it is a plan that we are doing
We have projects in China and USA and America
ldquoSi ahora mismo tuvieacuteramos que cuantificar cuaacutento dinero te has ahorrado en publicidad gracias a que estaacutes cotizando podriacuteamos estar hablando de varios millones de eurosrdquo When we were not listed
we presented a project in the US and did not even reply to the calls
ldquoWhoever entered a year or two ago I was betting on a future idea for a project that was beginning to show its teeth like a child Instead now entering is betting for a college student
We are in an environment to see what opportunities may have and those that interest us can be buying opportunities
These were some of the responses
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
22
GOWEX turns the lsquoRabat Exporsquo into a WiFi City for the summit of local andregional leaders held in Morocco
The Madrilenian Company isthe official supplier of theSmart WiFi connection duringthe four days of UCLG ameeting that brings togetherthe key regional leaders of theworld The 3000representatives who willparticipate in the summit andthe 50000 expected visitors ofthe lsquoRabat Exporsquo will be able touse the GOWEX free WiFi
Rabat 2013
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
GOWEX turns
In a Wi-Fi City
Oct 2013
23
The best comments from our tweeters
tweets
Follow GOWEX last news through our Twitter account
gowex
ldquoWiFi must be like the water of the XXI century free for everyonerdquo
ldquoThe city that never sleeps is also the city now always connectedrdquo
ldquoThere is something of GOWEX and MAB companies I value greatly honesty humility and commitment to societyrdquo
ldquoThe inner satisfaction of being GOWEX shareholder can only be felt by those who are within the companyrdquo
Oct 2013
Oct 2013
2
If you would like to be included in the distribution list of GOWEXshareholder news send us an e-mail with the subject mailing listand your full name to
irgowexcom
You will be informed on time via e-mail about the latest relevantnews results publication shareholder meetings and other significantinformation about GOWEX Group and its shares
NEWS DISTRIBUTION LIST for shareholders
Oct 2013
3
Content
OUR MISSION 4
Summary of the firs half 2013 5
Business Growth 9
Ideup adquisition 12
Capital Structure 13
SHARE EVOLUTION 14
MSCI Spain Index 15
News GOW 16tweets 23
Oct 2013
4
A PROVEN AND PROFITABLE BUSINESS MODEL BASED ON NETWORK EFFECT
SUSTAINABLE AND RECURRENT INCOMES
Our mission
JenaroGarciacutea
GOWEX CEO
ldquoBeing the Worldwide leader of Wireless Smart Citiesregbased on the great advantages granted by our Platform(Proprietary Technology and Exclusive Business Model)rdquo
Oct 2013
5
Summary of the first half of 2013at a glance
Financial
Business Units
Internat Footprint
1H 2013
Stock Information
bull GOWEX Telecom (IP bandwith trading platform (16)bull GOWEX Wireless (Engineering Network and Media) (84)
bull Present in more than 75 cities (100 million inhabitants)bull Present is more than 20 transport companies(3 Billion passengers)bull + 100 Countries with more than 165 Roaming Partnersbull Revenues 44 in Spain 56 out of Spain
bull Listed in MAB (Spain) NYSE Alternext (France) and ADR programbull Euros 677 million Market Capbull Oseo Innovation Alternext Allshares and MSCI Spain Index
5722 Million euro Revenues (+ 40 )1252 Million euro EBITDA (+ 55 )787 Million euro Net Profit (+ 44 )
Oct 2013
6
206 257
410
572
68 107176
264
37 50 81 12523 32 55 79
496
667
1143
185
297
556
94
165
308
51 72
170
Half Year Full Year
Turnover GrossMargin
EBITDA Net Profit
Figures in million euros
2010 2011 2012 1H 2013 2010 2011 2012 1H 2013 2010 2011 2012 1H 2013 2010 2011 2012 1H 2013
+40
+50
+55 +44
over 1H 2012
bull Listed in MAB (Spain) NYSE Alternext (France) and ADR programbull Euros 677 million Market Capbull Oseo Innovation Alternext Allshares and MSCI Spain Index
Results 1H 2013
Oct 2013
68
32
Recurrent
Non Recurrent
7
1H 2011 1H 2012 1H 2013
National
International
42 51
44
Evolution of International turnover (Meuro)
Recurrent Non recurrent revenues composition
58
49
56
Sales Distribution
Oct 2013
8
Assets (euroM)30th June
2013Liabilities (euroM)
30th June
2013
Non current
Assets279 Net Equity 785
Current assets 839
Non current
liabilities
ow long-term debts
180
143
ow trade
receivables for
sales and
services
208Current liabilities
ow short term debts153
24
ow cash and
other financial
equivalents
631ow trade and other
acc payable129
Total Assets 1118 Total Liabilities 1118
Balance Sheet June 30 2013
Oct 2013
9
Business Growth
bull IDEUP acquisition
bull Strategic deal with Deutsche Telekom and ATampT in the USA
bull FREEWiFiGOWEX in New York and San Francisco
bull Deal with Win to cover Belgium
bull Alliance with Atlanteam to offer WiFi in airports in France
bull GOWEX will provide WiFi service in Hong Kong expanding in Asia (PCCW)
bull GOWEX gets in Italy with Bluwireless carriersrsquo hand
bull Nice and Ajaccio will have new free WiFi service provided by GOWEX
bull Oi Wi-Fi agreement in Brazil
Oct 2013
10
bull GOWEX strengthens its Board of Advisors and Directors by engaging
world experts in telecommunications
bull Start of the ADR program in New York
bull GOWEX sharesrsquo split with a 51 ratio
bull GOWEX to become part of the MSCI Spain Index
After June 30bull Margaret Chen vice-president of GOWEX China and member of the
board of advisors (Sept13)
bull GOWEX reaches an agreement with Eastern Fibernet and expands its
presence in China and Asia
bull New York City and GOWEX expand free WiFi network
Corporate Governance amp Stock
Oct 2013
11
MargaretChen
Margaret Chen joins GOWEX to lead the companyrsquos development acrossthe Asian market a strategic axis for the companyrsquos growth in the shortand medium term With over 20 yearsrsquo experience in managementpositions in the IT field in China the USA and Spain Margaret was namedone of the ldquoMost Influential Women of the World of Telecommunicationsin Chinardquo in 2006 Two years before Margaret was in charge of opening thefirst Telefonica office in China as Spanish multinational director for Asiawhich helped establish an important agreement between the TelefonicaGroup and China Unicom She will join GOWEX Advisors Board
Oct 2013
12
IDEUP 2012 figures
Revenues 22 million euroEBITDA 350000 euroNet Profit 250000 euro
IDEUP is a leading company in the developmentand implementation of digital services 360 B2B(business to business) covering all areas of digitalpresence from web to mobile web mobile appSEO SEM UX UI Social media etc
ldquoIDEUP will be integrated within the subsidiary GOWEX Mobilerdquo
ldquoWith this purchase GOWEX began a process of evaluation and purchase of companies that add value to the group thus
allowing faster growth of both companiesrdquo
Jenaro Garciacutea
IDEUP acquisition
Oct 2013
13
The social capital of the Company amounts to euro 72313360 divided into72313360 ordinary shares of euro 001 per value each (post split)
3790
2740
2476
994
On 12 March 2010 the company was listed on the Mercado Alternativo
Bursaacutetil (MAB) with an initial price of euro07 per share On 15 June 2010
Gowex became the first and only Spanish [SMB ndash in full] to list its shares
on two exchanges (a ldquoDual Listingrdquo) with quotations on both the MAB
stock market (GOW) and on the NYSE-Alternext (ALGOW) In February
GOWEX receives the authorization of the SEC (Securities and Exchange
Commission) to start an ADR program (LGWXY)
Free-FloatCash DevicesBiotelgyAlvasebi
Capital Structure
Oct 2013
14
Date 10172013
Market Cap (euro) 677000000
Num of shares 72313360 Dividend Paid 001404200 euroDay Average Volume (shares) 192000
30 days
Share evolution 1017201210172013
NYSE Alternext
MAB
Oct 2013
15
The MSCI Spain Index is designed to measure theperformance of the large and mid-cap segments ofthe Spanish market and covers approximately 85
bull BANCO SANTANDER bull REPSOL bull BBVA
bull TELEFOacuteNICA bull AMADEUS IT HLDG A bull GAS NATURAL SDG
bull INDITEX bull ABERTIS INFR bull IBERDROLA
bull FERROVIAL
MSCI Spain Index
of the equity universe in Spain After the addition of GOWEX the indexwill have 22 constituent companies
Top 10 Constituents
Oct 2013
16
Jenaro Garciacutea ldquoThanks to GOWEX and the efforts of the localadministrations we have been able to offer to their citizens free Wi-Fithe ldquowaterrdquo of the twenty-first centuryrdquo
The City of New York and GOWEX expand free WiFi networkto the main suburbs of the city
Oct 2013
17
Bloomberg Businessweek
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
18
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
News GOW
Engadget
Oct 2013
19
Telecompaper
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
20
Sunday World
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
21
Invertia interviewJenaro Garciacutea (GOWEX CEO)
For me this is something that goes far beyond
Our goal is to reach three hundred cities in less than five years and believe it is a plan that we are doing
We have projects in China and USA and America
ldquoSi ahora mismo tuvieacuteramos que cuantificar cuaacutento dinero te has ahorrado en publicidad gracias a que estaacutes cotizando podriacuteamos estar hablando de varios millones de eurosrdquo When we were not listed
we presented a project in the US and did not even reply to the calls
ldquoWhoever entered a year or two ago I was betting on a future idea for a project that was beginning to show its teeth like a child Instead now entering is betting for a college student
We are in an environment to see what opportunities may have and those that interest us can be buying opportunities
These were some of the responses
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
22
GOWEX turns the lsquoRabat Exporsquo into a WiFi City for the summit of local andregional leaders held in Morocco
The Madrilenian Company isthe official supplier of theSmart WiFi connection duringthe four days of UCLG ameeting that brings togetherthe key regional leaders of theworld The 3000representatives who willparticipate in the summit andthe 50000 expected visitors ofthe lsquoRabat Exporsquo will be able touse the GOWEX free WiFi
Rabat 2013
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
GOWEX turns
In a Wi-Fi City
Oct 2013
23
The best comments from our tweeters
tweets
Follow GOWEX last news through our Twitter account
gowex
ldquoWiFi must be like the water of the XXI century free for everyonerdquo
ldquoThe city that never sleeps is also the city now always connectedrdquo
ldquoThere is something of GOWEX and MAB companies I value greatly honesty humility and commitment to societyrdquo
ldquoThe inner satisfaction of being GOWEX shareholder can only be felt by those who are within the companyrdquo
Oct 2013
Oct 2013
3
Content
OUR MISSION 4
Summary of the firs half 2013 5
Business Growth 9
Ideup adquisition 12
Capital Structure 13
SHARE EVOLUTION 14
MSCI Spain Index 15
News GOW 16tweets 23
Oct 2013
4
A PROVEN AND PROFITABLE BUSINESS MODEL BASED ON NETWORK EFFECT
SUSTAINABLE AND RECURRENT INCOMES
Our mission
JenaroGarciacutea
GOWEX CEO
ldquoBeing the Worldwide leader of Wireless Smart Citiesregbased on the great advantages granted by our Platform(Proprietary Technology and Exclusive Business Model)rdquo
Oct 2013
5
Summary of the first half of 2013at a glance
Financial
Business Units
Internat Footprint
1H 2013
Stock Information
bull GOWEX Telecom (IP bandwith trading platform (16)bull GOWEX Wireless (Engineering Network and Media) (84)
bull Present in more than 75 cities (100 million inhabitants)bull Present is more than 20 transport companies(3 Billion passengers)bull + 100 Countries with more than 165 Roaming Partnersbull Revenues 44 in Spain 56 out of Spain
bull Listed in MAB (Spain) NYSE Alternext (France) and ADR programbull Euros 677 million Market Capbull Oseo Innovation Alternext Allshares and MSCI Spain Index
5722 Million euro Revenues (+ 40 )1252 Million euro EBITDA (+ 55 )787 Million euro Net Profit (+ 44 )
Oct 2013
6
206 257
410
572
68 107176
264
37 50 81 12523 32 55 79
496
667
1143
185
297
556
94
165
308
51 72
170
Half Year Full Year
Turnover GrossMargin
EBITDA Net Profit
Figures in million euros
2010 2011 2012 1H 2013 2010 2011 2012 1H 2013 2010 2011 2012 1H 2013 2010 2011 2012 1H 2013
+40
+50
+55 +44
over 1H 2012
bull Listed in MAB (Spain) NYSE Alternext (France) and ADR programbull Euros 677 million Market Capbull Oseo Innovation Alternext Allshares and MSCI Spain Index
Results 1H 2013
Oct 2013
68
32
Recurrent
Non Recurrent
7
1H 2011 1H 2012 1H 2013
National
International
42 51
44
Evolution of International turnover (Meuro)
Recurrent Non recurrent revenues composition
58
49
56
Sales Distribution
Oct 2013
8
Assets (euroM)30th June
2013Liabilities (euroM)
30th June
2013
Non current
Assets279 Net Equity 785
Current assets 839
Non current
liabilities
ow long-term debts
180
143
ow trade
receivables for
sales and
services
208Current liabilities
ow short term debts153
24
ow cash and
other financial
equivalents
631ow trade and other
acc payable129
Total Assets 1118 Total Liabilities 1118
Balance Sheet June 30 2013
Oct 2013
9
Business Growth
bull IDEUP acquisition
bull Strategic deal with Deutsche Telekom and ATampT in the USA
bull FREEWiFiGOWEX in New York and San Francisco
bull Deal with Win to cover Belgium
bull Alliance with Atlanteam to offer WiFi in airports in France
bull GOWEX will provide WiFi service in Hong Kong expanding in Asia (PCCW)
bull GOWEX gets in Italy with Bluwireless carriersrsquo hand
bull Nice and Ajaccio will have new free WiFi service provided by GOWEX
bull Oi Wi-Fi agreement in Brazil
Oct 2013
10
bull GOWEX strengthens its Board of Advisors and Directors by engaging
world experts in telecommunications
bull Start of the ADR program in New York
bull GOWEX sharesrsquo split with a 51 ratio
bull GOWEX to become part of the MSCI Spain Index
After June 30bull Margaret Chen vice-president of GOWEX China and member of the
board of advisors (Sept13)
bull GOWEX reaches an agreement with Eastern Fibernet and expands its
presence in China and Asia
bull New York City and GOWEX expand free WiFi network
Corporate Governance amp Stock
Oct 2013
11
MargaretChen
Margaret Chen joins GOWEX to lead the companyrsquos development acrossthe Asian market a strategic axis for the companyrsquos growth in the shortand medium term With over 20 yearsrsquo experience in managementpositions in the IT field in China the USA and Spain Margaret was namedone of the ldquoMost Influential Women of the World of Telecommunicationsin Chinardquo in 2006 Two years before Margaret was in charge of opening thefirst Telefonica office in China as Spanish multinational director for Asiawhich helped establish an important agreement between the TelefonicaGroup and China Unicom She will join GOWEX Advisors Board
Oct 2013
12
IDEUP 2012 figures
Revenues 22 million euroEBITDA 350000 euroNet Profit 250000 euro
IDEUP is a leading company in the developmentand implementation of digital services 360 B2B(business to business) covering all areas of digitalpresence from web to mobile web mobile appSEO SEM UX UI Social media etc
ldquoIDEUP will be integrated within the subsidiary GOWEX Mobilerdquo
ldquoWith this purchase GOWEX began a process of evaluation and purchase of companies that add value to the group thus
allowing faster growth of both companiesrdquo
Jenaro Garciacutea
IDEUP acquisition
Oct 2013
13
The social capital of the Company amounts to euro 72313360 divided into72313360 ordinary shares of euro 001 per value each (post split)
3790
2740
2476
994
On 12 March 2010 the company was listed on the Mercado Alternativo
Bursaacutetil (MAB) with an initial price of euro07 per share On 15 June 2010
Gowex became the first and only Spanish [SMB ndash in full] to list its shares
on two exchanges (a ldquoDual Listingrdquo) with quotations on both the MAB
stock market (GOW) and on the NYSE-Alternext (ALGOW) In February
GOWEX receives the authorization of the SEC (Securities and Exchange
Commission) to start an ADR program (LGWXY)
Free-FloatCash DevicesBiotelgyAlvasebi
Capital Structure
Oct 2013
14
Date 10172013
Market Cap (euro) 677000000
Num of shares 72313360 Dividend Paid 001404200 euroDay Average Volume (shares) 192000
30 days
Share evolution 1017201210172013
NYSE Alternext
MAB
Oct 2013
15
The MSCI Spain Index is designed to measure theperformance of the large and mid-cap segments ofthe Spanish market and covers approximately 85
bull BANCO SANTANDER bull REPSOL bull BBVA
bull TELEFOacuteNICA bull AMADEUS IT HLDG A bull GAS NATURAL SDG
bull INDITEX bull ABERTIS INFR bull IBERDROLA
bull FERROVIAL
MSCI Spain Index
of the equity universe in Spain After the addition of GOWEX the indexwill have 22 constituent companies
Top 10 Constituents
Oct 2013
16
Jenaro Garciacutea ldquoThanks to GOWEX and the efforts of the localadministrations we have been able to offer to their citizens free Wi-Fithe ldquowaterrdquo of the twenty-first centuryrdquo
The City of New York and GOWEX expand free WiFi networkto the main suburbs of the city
Oct 2013
17
Bloomberg Businessweek
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
18
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
News GOW
Engadget
Oct 2013
19
Telecompaper
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
20
Sunday World
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
21
Invertia interviewJenaro Garciacutea (GOWEX CEO)
For me this is something that goes far beyond
Our goal is to reach three hundred cities in less than five years and believe it is a plan that we are doing
We have projects in China and USA and America
ldquoSi ahora mismo tuvieacuteramos que cuantificar cuaacutento dinero te has ahorrado en publicidad gracias a que estaacutes cotizando podriacuteamos estar hablando de varios millones de eurosrdquo When we were not listed
we presented a project in the US and did not even reply to the calls
ldquoWhoever entered a year or two ago I was betting on a future idea for a project that was beginning to show its teeth like a child Instead now entering is betting for a college student
We are in an environment to see what opportunities may have and those that interest us can be buying opportunities
These were some of the responses
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
22
GOWEX turns the lsquoRabat Exporsquo into a WiFi City for the summit of local andregional leaders held in Morocco
The Madrilenian Company isthe official supplier of theSmart WiFi connection duringthe four days of UCLG ameeting that brings togetherthe key regional leaders of theworld The 3000representatives who willparticipate in the summit andthe 50000 expected visitors ofthe lsquoRabat Exporsquo will be able touse the GOWEX free WiFi
Rabat 2013
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
GOWEX turns
In a Wi-Fi City
Oct 2013
23
The best comments from our tweeters
tweets
Follow GOWEX last news through our Twitter account
gowex
ldquoWiFi must be like the water of the XXI century free for everyonerdquo
ldquoThe city that never sleeps is also the city now always connectedrdquo
ldquoThere is something of GOWEX and MAB companies I value greatly honesty humility and commitment to societyrdquo
ldquoThe inner satisfaction of being GOWEX shareholder can only be felt by those who are within the companyrdquo
Oct 2013
Oct 2013
4
A PROVEN AND PROFITABLE BUSINESS MODEL BASED ON NETWORK EFFECT
SUSTAINABLE AND RECURRENT INCOMES
Our mission
JenaroGarciacutea
GOWEX CEO
ldquoBeing the Worldwide leader of Wireless Smart Citiesregbased on the great advantages granted by our Platform(Proprietary Technology and Exclusive Business Model)rdquo
Oct 2013
5
Summary of the first half of 2013at a glance
Financial
Business Units
Internat Footprint
1H 2013
Stock Information
bull GOWEX Telecom (IP bandwith trading platform (16)bull GOWEX Wireless (Engineering Network and Media) (84)
bull Present in more than 75 cities (100 million inhabitants)bull Present is more than 20 transport companies(3 Billion passengers)bull + 100 Countries with more than 165 Roaming Partnersbull Revenues 44 in Spain 56 out of Spain
bull Listed in MAB (Spain) NYSE Alternext (France) and ADR programbull Euros 677 million Market Capbull Oseo Innovation Alternext Allshares and MSCI Spain Index
5722 Million euro Revenues (+ 40 )1252 Million euro EBITDA (+ 55 )787 Million euro Net Profit (+ 44 )
Oct 2013
6
206 257
410
572
68 107176
264
37 50 81 12523 32 55 79
496
667
1143
185
297
556
94
165
308
51 72
170
Half Year Full Year
Turnover GrossMargin
EBITDA Net Profit
Figures in million euros
2010 2011 2012 1H 2013 2010 2011 2012 1H 2013 2010 2011 2012 1H 2013 2010 2011 2012 1H 2013
+40
+50
+55 +44
over 1H 2012
bull Listed in MAB (Spain) NYSE Alternext (France) and ADR programbull Euros 677 million Market Capbull Oseo Innovation Alternext Allshares and MSCI Spain Index
Results 1H 2013
Oct 2013
68
32
Recurrent
Non Recurrent
7
1H 2011 1H 2012 1H 2013
National
International
42 51
44
Evolution of International turnover (Meuro)
Recurrent Non recurrent revenues composition
58
49
56
Sales Distribution
Oct 2013
8
Assets (euroM)30th June
2013Liabilities (euroM)
30th June
2013
Non current
Assets279 Net Equity 785
Current assets 839
Non current
liabilities
ow long-term debts
180
143
ow trade
receivables for
sales and
services
208Current liabilities
ow short term debts153
24
ow cash and
other financial
equivalents
631ow trade and other
acc payable129
Total Assets 1118 Total Liabilities 1118
Balance Sheet June 30 2013
Oct 2013
9
Business Growth
bull IDEUP acquisition
bull Strategic deal with Deutsche Telekom and ATampT in the USA
bull FREEWiFiGOWEX in New York and San Francisco
bull Deal with Win to cover Belgium
bull Alliance with Atlanteam to offer WiFi in airports in France
bull GOWEX will provide WiFi service in Hong Kong expanding in Asia (PCCW)
bull GOWEX gets in Italy with Bluwireless carriersrsquo hand
bull Nice and Ajaccio will have new free WiFi service provided by GOWEX
bull Oi Wi-Fi agreement in Brazil
Oct 2013
10
bull GOWEX strengthens its Board of Advisors and Directors by engaging
world experts in telecommunications
bull Start of the ADR program in New York
bull GOWEX sharesrsquo split with a 51 ratio
bull GOWEX to become part of the MSCI Spain Index
After June 30bull Margaret Chen vice-president of GOWEX China and member of the
board of advisors (Sept13)
bull GOWEX reaches an agreement with Eastern Fibernet and expands its
presence in China and Asia
bull New York City and GOWEX expand free WiFi network
Corporate Governance amp Stock
Oct 2013
11
MargaretChen
Margaret Chen joins GOWEX to lead the companyrsquos development acrossthe Asian market a strategic axis for the companyrsquos growth in the shortand medium term With over 20 yearsrsquo experience in managementpositions in the IT field in China the USA and Spain Margaret was namedone of the ldquoMost Influential Women of the World of Telecommunicationsin Chinardquo in 2006 Two years before Margaret was in charge of opening thefirst Telefonica office in China as Spanish multinational director for Asiawhich helped establish an important agreement between the TelefonicaGroup and China Unicom She will join GOWEX Advisors Board
Oct 2013
12
IDEUP 2012 figures
Revenues 22 million euroEBITDA 350000 euroNet Profit 250000 euro
IDEUP is a leading company in the developmentand implementation of digital services 360 B2B(business to business) covering all areas of digitalpresence from web to mobile web mobile appSEO SEM UX UI Social media etc
ldquoIDEUP will be integrated within the subsidiary GOWEX Mobilerdquo
ldquoWith this purchase GOWEX began a process of evaluation and purchase of companies that add value to the group thus
allowing faster growth of both companiesrdquo
Jenaro Garciacutea
IDEUP acquisition
Oct 2013
13
The social capital of the Company amounts to euro 72313360 divided into72313360 ordinary shares of euro 001 per value each (post split)
3790
2740
2476
994
On 12 March 2010 the company was listed on the Mercado Alternativo
Bursaacutetil (MAB) with an initial price of euro07 per share On 15 June 2010
Gowex became the first and only Spanish [SMB ndash in full] to list its shares
on two exchanges (a ldquoDual Listingrdquo) with quotations on both the MAB
stock market (GOW) and on the NYSE-Alternext (ALGOW) In February
GOWEX receives the authorization of the SEC (Securities and Exchange
Commission) to start an ADR program (LGWXY)
Free-FloatCash DevicesBiotelgyAlvasebi
Capital Structure
Oct 2013
14
Date 10172013
Market Cap (euro) 677000000
Num of shares 72313360 Dividend Paid 001404200 euroDay Average Volume (shares) 192000
30 days
Share evolution 1017201210172013
NYSE Alternext
MAB
Oct 2013
15
The MSCI Spain Index is designed to measure theperformance of the large and mid-cap segments ofthe Spanish market and covers approximately 85
bull BANCO SANTANDER bull REPSOL bull BBVA
bull TELEFOacuteNICA bull AMADEUS IT HLDG A bull GAS NATURAL SDG
bull INDITEX bull ABERTIS INFR bull IBERDROLA
bull FERROVIAL
MSCI Spain Index
of the equity universe in Spain After the addition of GOWEX the indexwill have 22 constituent companies
Top 10 Constituents
Oct 2013
16
Jenaro Garciacutea ldquoThanks to GOWEX and the efforts of the localadministrations we have been able to offer to their citizens free Wi-Fithe ldquowaterrdquo of the twenty-first centuryrdquo
The City of New York and GOWEX expand free WiFi networkto the main suburbs of the city
Oct 2013
17
Bloomberg Businessweek
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
18
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
News GOW
Engadget
Oct 2013
19
Telecompaper
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
20
Sunday World
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
21
Invertia interviewJenaro Garciacutea (GOWEX CEO)
For me this is something that goes far beyond
Our goal is to reach three hundred cities in less than five years and believe it is a plan that we are doing
We have projects in China and USA and America
ldquoSi ahora mismo tuvieacuteramos que cuantificar cuaacutento dinero te has ahorrado en publicidad gracias a que estaacutes cotizando podriacuteamos estar hablando de varios millones de eurosrdquo When we were not listed
we presented a project in the US and did not even reply to the calls
ldquoWhoever entered a year or two ago I was betting on a future idea for a project that was beginning to show its teeth like a child Instead now entering is betting for a college student
We are in an environment to see what opportunities may have and those that interest us can be buying opportunities
These were some of the responses
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
22
GOWEX turns the lsquoRabat Exporsquo into a WiFi City for the summit of local andregional leaders held in Morocco
The Madrilenian Company isthe official supplier of theSmart WiFi connection duringthe four days of UCLG ameeting that brings togetherthe key regional leaders of theworld The 3000representatives who willparticipate in the summit andthe 50000 expected visitors ofthe lsquoRabat Exporsquo will be able touse the GOWEX free WiFi
Rabat 2013
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
GOWEX turns
In a Wi-Fi City
Oct 2013
23
The best comments from our tweeters
tweets
Follow GOWEX last news through our Twitter account
gowex
ldquoWiFi must be like the water of the XXI century free for everyonerdquo
ldquoThe city that never sleeps is also the city now always connectedrdquo
ldquoThere is something of GOWEX and MAB companies I value greatly honesty humility and commitment to societyrdquo
ldquoThe inner satisfaction of being GOWEX shareholder can only be felt by those who are within the companyrdquo
Oct 2013
Oct 2013
5
Summary of the first half of 2013at a glance
Financial
Business Units
Internat Footprint
1H 2013
Stock Information
bull GOWEX Telecom (IP bandwith trading platform (16)bull GOWEX Wireless (Engineering Network and Media) (84)
bull Present in more than 75 cities (100 million inhabitants)bull Present is more than 20 transport companies(3 Billion passengers)bull + 100 Countries with more than 165 Roaming Partnersbull Revenues 44 in Spain 56 out of Spain
bull Listed in MAB (Spain) NYSE Alternext (France) and ADR programbull Euros 677 million Market Capbull Oseo Innovation Alternext Allshares and MSCI Spain Index
5722 Million euro Revenues (+ 40 )1252 Million euro EBITDA (+ 55 )787 Million euro Net Profit (+ 44 )
Oct 2013
6
206 257
410
572
68 107176
264
37 50 81 12523 32 55 79
496
667
1143
185
297
556
94
165
308
51 72
170
Half Year Full Year
Turnover GrossMargin
EBITDA Net Profit
Figures in million euros
2010 2011 2012 1H 2013 2010 2011 2012 1H 2013 2010 2011 2012 1H 2013 2010 2011 2012 1H 2013
+40
+50
+55 +44
over 1H 2012
bull Listed in MAB (Spain) NYSE Alternext (France) and ADR programbull Euros 677 million Market Capbull Oseo Innovation Alternext Allshares and MSCI Spain Index
Results 1H 2013
Oct 2013
68
32
Recurrent
Non Recurrent
7
1H 2011 1H 2012 1H 2013
National
International
42 51
44
Evolution of International turnover (Meuro)
Recurrent Non recurrent revenues composition
58
49
56
Sales Distribution
Oct 2013
8
Assets (euroM)30th June
2013Liabilities (euroM)
30th June
2013
Non current
Assets279 Net Equity 785
Current assets 839
Non current
liabilities
ow long-term debts
180
143
ow trade
receivables for
sales and
services
208Current liabilities
ow short term debts153
24
ow cash and
other financial
equivalents
631ow trade and other
acc payable129
Total Assets 1118 Total Liabilities 1118
Balance Sheet June 30 2013
Oct 2013
9
Business Growth
bull IDEUP acquisition
bull Strategic deal with Deutsche Telekom and ATampT in the USA
bull FREEWiFiGOWEX in New York and San Francisco
bull Deal with Win to cover Belgium
bull Alliance with Atlanteam to offer WiFi in airports in France
bull GOWEX will provide WiFi service in Hong Kong expanding in Asia (PCCW)
bull GOWEX gets in Italy with Bluwireless carriersrsquo hand
bull Nice and Ajaccio will have new free WiFi service provided by GOWEX
bull Oi Wi-Fi agreement in Brazil
Oct 2013
10
bull GOWEX strengthens its Board of Advisors and Directors by engaging
world experts in telecommunications
bull Start of the ADR program in New York
bull GOWEX sharesrsquo split with a 51 ratio
bull GOWEX to become part of the MSCI Spain Index
After June 30bull Margaret Chen vice-president of GOWEX China and member of the
board of advisors (Sept13)
bull GOWEX reaches an agreement with Eastern Fibernet and expands its
presence in China and Asia
bull New York City and GOWEX expand free WiFi network
Corporate Governance amp Stock
Oct 2013
11
MargaretChen
Margaret Chen joins GOWEX to lead the companyrsquos development acrossthe Asian market a strategic axis for the companyrsquos growth in the shortand medium term With over 20 yearsrsquo experience in managementpositions in the IT field in China the USA and Spain Margaret was namedone of the ldquoMost Influential Women of the World of Telecommunicationsin Chinardquo in 2006 Two years before Margaret was in charge of opening thefirst Telefonica office in China as Spanish multinational director for Asiawhich helped establish an important agreement between the TelefonicaGroup and China Unicom She will join GOWEX Advisors Board
Oct 2013
12
IDEUP 2012 figures
Revenues 22 million euroEBITDA 350000 euroNet Profit 250000 euro
IDEUP is a leading company in the developmentand implementation of digital services 360 B2B(business to business) covering all areas of digitalpresence from web to mobile web mobile appSEO SEM UX UI Social media etc
ldquoIDEUP will be integrated within the subsidiary GOWEX Mobilerdquo
ldquoWith this purchase GOWEX began a process of evaluation and purchase of companies that add value to the group thus
allowing faster growth of both companiesrdquo
Jenaro Garciacutea
IDEUP acquisition
Oct 2013
13
The social capital of the Company amounts to euro 72313360 divided into72313360 ordinary shares of euro 001 per value each (post split)
3790
2740
2476
994
On 12 March 2010 the company was listed on the Mercado Alternativo
Bursaacutetil (MAB) with an initial price of euro07 per share On 15 June 2010
Gowex became the first and only Spanish [SMB ndash in full] to list its shares
on two exchanges (a ldquoDual Listingrdquo) with quotations on both the MAB
stock market (GOW) and on the NYSE-Alternext (ALGOW) In February
GOWEX receives the authorization of the SEC (Securities and Exchange
Commission) to start an ADR program (LGWXY)
Free-FloatCash DevicesBiotelgyAlvasebi
Capital Structure
Oct 2013
14
Date 10172013
Market Cap (euro) 677000000
Num of shares 72313360 Dividend Paid 001404200 euroDay Average Volume (shares) 192000
30 days
Share evolution 1017201210172013
NYSE Alternext
MAB
Oct 2013
15
The MSCI Spain Index is designed to measure theperformance of the large and mid-cap segments ofthe Spanish market and covers approximately 85
bull BANCO SANTANDER bull REPSOL bull BBVA
bull TELEFOacuteNICA bull AMADEUS IT HLDG A bull GAS NATURAL SDG
bull INDITEX bull ABERTIS INFR bull IBERDROLA
bull FERROVIAL
MSCI Spain Index
of the equity universe in Spain After the addition of GOWEX the indexwill have 22 constituent companies
Top 10 Constituents
Oct 2013
16
Jenaro Garciacutea ldquoThanks to GOWEX and the efforts of the localadministrations we have been able to offer to their citizens free Wi-Fithe ldquowaterrdquo of the twenty-first centuryrdquo
The City of New York and GOWEX expand free WiFi networkto the main suburbs of the city
Oct 2013
17
Bloomberg Businessweek
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
18
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
News GOW
Engadget
Oct 2013
19
Telecompaper
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
20
Sunday World
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
21
Invertia interviewJenaro Garciacutea (GOWEX CEO)
For me this is something that goes far beyond
Our goal is to reach three hundred cities in less than five years and believe it is a plan that we are doing
We have projects in China and USA and America
ldquoSi ahora mismo tuvieacuteramos que cuantificar cuaacutento dinero te has ahorrado en publicidad gracias a que estaacutes cotizando podriacuteamos estar hablando de varios millones de eurosrdquo When we were not listed
we presented a project in the US and did not even reply to the calls
ldquoWhoever entered a year or two ago I was betting on a future idea for a project that was beginning to show its teeth like a child Instead now entering is betting for a college student
We are in an environment to see what opportunities may have and those that interest us can be buying opportunities
These were some of the responses
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
22
GOWEX turns the lsquoRabat Exporsquo into a WiFi City for the summit of local andregional leaders held in Morocco
The Madrilenian Company isthe official supplier of theSmart WiFi connection duringthe four days of UCLG ameeting that brings togetherthe key regional leaders of theworld The 3000representatives who willparticipate in the summit andthe 50000 expected visitors ofthe lsquoRabat Exporsquo will be able touse the GOWEX free WiFi
Rabat 2013
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
GOWEX turns
In a Wi-Fi City
Oct 2013
23
The best comments from our tweeters
tweets
Follow GOWEX last news through our Twitter account
gowex
ldquoWiFi must be like the water of the XXI century free for everyonerdquo
ldquoThe city that never sleeps is also the city now always connectedrdquo
ldquoThere is something of GOWEX and MAB companies I value greatly honesty humility and commitment to societyrdquo
ldquoThe inner satisfaction of being GOWEX shareholder can only be felt by those who are within the companyrdquo
Oct 2013
Oct 2013
6
206 257
410
572
68 107176
264
37 50 81 12523 32 55 79
496
667
1143
185
297
556
94
165
308
51 72
170
Half Year Full Year
Turnover GrossMargin
EBITDA Net Profit
Figures in million euros
2010 2011 2012 1H 2013 2010 2011 2012 1H 2013 2010 2011 2012 1H 2013 2010 2011 2012 1H 2013
+40
+50
+55 +44
over 1H 2012
bull Listed in MAB (Spain) NYSE Alternext (France) and ADR programbull Euros 677 million Market Capbull Oseo Innovation Alternext Allshares and MSCI Spain Index
Results 1H 2013
Oct 2013
68
32
Recurrent
Non Recurrent
7
1H 2011 1H 2012 1H 2013
National
International
42 51
44
Evolution of International turnover (Meuro)
Recurrent Non recurrent revenues composition
58
49
56
Sales Distribution
Oct 2013
8
Assets (euroM)30th June
2013Liabilities (euroM)
30th June
2013
Non current
Assets279 Net Equity 785
Current assets 839
Non current
liabilities
ow long-term debts
180
143
ow trade
receivables for
sales and
services
208Current liabilities
ow short term debts153
24
ow cash and
other financial
equivalents
631ow trade and other
acc payable129
Total Assets 1118 Total Liabilities 1118
Balance Sheet June 30 2013
Oct 2013
9
Business Growth
bull IDEUP acquisition
bull Strategic deal with Deutsche Telekom and ATampT in the USA
bull FREEWiFiGOWEX in New York and San Francisco
bull Deal with Win to cover Belgium
bull Alliance with Atlanteam to offer WiFi in airports in France
bull GOWEX will provide WiFi service in Hong Kong expanding in Asia (PCCW)
bull GOWEX gets in Italy with Bluwireless carriersrsquo hand
bull Nice and Ajaccio will have new free WiFi service provided by GOWEX
bull Oi Wi-Fi agreement in Brazil
Oct 2013
10
bull GOWEX strengthens its Board of Advisors and Directors by engaging
world experts in telecommunications
bull Start of the ADR program in New York
bull GOWEX sharesrsquo split with a 51 ratio
bull GOWEX to become part of the MSCI Spain Index
After June 30bull Margaret Chen vice-president of GOWEX China and member of the
board of advisors (Sept13)
bull GOWEX reaches an agreement with Eastern Fibernet and expands its
presence in China and Asia
bull New York City and GOWEX expand free WiFi network
Corporate Governance amp Stock
Oct 2013
11
MargaretChen
Margaret Chen joins GOWEX to lead the companyrsquos development acrossthe Asian market a strategic axis for the companyrsquos growth in the shortand medium term With over 20 yearsrsquo experience in managementpositions in the IT field in China the USA and Spain Margaret was namedone of the ldquoMost Influential Women of the World of Telecommunicationsin Chinardquo in 2006 Two years before Margaret was in charge of opening thefirst Telefonica office in China as Spanish multinational director for Asiawhich helped establish an important agreement between the TelefonicaGroup and China Unicom She will join GOWEX Advisors Board
Oct 2013
12
IDEUP 2012 figures
Revenues 22 million euroEBITDA 350000 euroNet Profit 250000 euro
IDEUP is a leading company in the developmentand implementation of digital services 360 B2B(business to business) covering all areas of digitalpresence from web to mobile web mobile appSEO SEM UX UI Social media etc
ldquoIDEUP will be integrated within the subsidiary GOWEX Mobilerdquo
ldquoWith this purchase GOWEX began a process of evaluation and purchase of companies that add value to the group thus
allowing faster growth of both companiesrdquo
Jenaro Garciacutea
IDEUP acquisition
Oct 2013
13
The social capital of the Company amounts to euro 72313360 divided into72313360 ordinary shares of euro 001 per value each (post split)
3790
2740
2476
994
On 12 March 2010 the company was listed on the Mercado Alternativo
Bursaacutetil (MAB) with an initial price of euro07 per share On 15 June 2010
Gowex became the first and only Spanish [SMB ndash in full] to list its shares
on two exchanges (a ldquoDual Listingrdquo) with quotations on both the MAB
stock market (GOW) and on the NYSE-Alternext (ALGOW) In February
GOWEX receives the authorization of the SEC (Securities and Exchange
Commission) to start an ADR program (LGWXY)
Free-FloatCash DevicesBiotelgyAlvasebi
Capital Structure
Oct 2013
14
Date 10172013
Market Cap (euro) 677000000
Num of shares 72313360 Dividend Paid 001404200 euroDay Average Volume (shares) 192000
30 days
Share evolution 1017201210172013
NYSE Alternext
MAB
Oct 2013
15
The MSCI Spain Index is designed to measure theperformance of the large and mid-cap segments ofthe Spanish market and covers approximately 85
bull BANCO SANTANDER bull REPSOL bull BBVA
bull TELEFOacuteNICA bull AMADEUS IT HLDG A bull GAS NATURAL SDG
bull INDITEX bull ABERTIS INFR bull IBERDROLA
bull FERROVIAL
MSCI Spain Index
of the equity universe in Spain After the addition of GOWEX the indexwill have 22 constituent companies
Top 10 Constituents
Oct 2013
16
Jenaro Garciacutea ldquoThanks to GOWEX and the efforts of the localadministrations we have been able to offer to their citizens free Wi-Fithe ldquowaterrdquo of the twenty-first centuryrdquo
The City of New York and GOWEX expand free WiFi networkto the main suburbs of the city
Oct 2013
17
Bloomberg Businessweek
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
18
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
News GOW
Engadget
Oct 2013
19
Telecompaper
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
20
Sunday World
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
21
Invertia interviewJenaro Garciacutea (GOWEX CEO)
For me this is something that goes far beyond
Our goal is to reach three hundred cities in less than five years and believe it is a plan that we are doing
We have projects in China and USA and America
ldquoSi ahora mismo tuvieacuteramos que cuantificar cuaacutento dinero te has ahorrado en publicidad gracias a que estaacutes cotizando podriacuteamos estar hablando de varios millones de eurosrdquo When we were not listed
we presented a project in the US and did not even reply to the calls
ldquoWhoever entered a year or two ago I was betting on a future idea for a project that was beginning to show its teeth like a child Instead now entering is betting for a college student
We are in an environment to see what opportunities may have and those that interest us can be buying opportunities
These were some of the responses
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
22
GOWEX turns the lsquoRabat Exporsquo into a WiFi City for the summit of local andregional leaders held in Morocco
The Madrilenian Company isthe official supplier of theSmart WiFi connection duringthe four days of UCLG ameeting that brings togetherthe key regional leaders of theworld The 3000representatives who willparticipate in the summit andthe 50000 expected visitors ofthe lsquoRabat Exporsquo will be able touse the GOWEX free WiFi
Rabat 2013
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
GOWEX turns
In a Wi-Fi City
Oct 2013
23
The best comments from our tweeters
tweets
Follow GOWEX last news through our Twitter account
gowex
ldquoWiFi must be like the water of the XXI century free for everyonerdquo
ldquoThe city that never sleeps is also the city now always connectedrdquo
ldquoThere is something of GOWEX and MAB companies I value greatly honesty humility and commitment to societyrdquo
ldquoThe inner satisfaction of being GOWEX shareholder can only be felt by those who are within the companyrdquo
Oct 2013
Oct 2013
68
32
Recurrent
Non Recurrent
7
1H 2011 1H 2012 1H 2013
National
International
42 51
44
Evolution of International turnover (Meuro)
Recurrent Non recurrent revenues composition
58
49
56
Sales Distribution
Oct 2013
8
Assets (euroM)30th June
2013Liabilities (euroM)
30th June
2013
Non current
Assets279 Net Equity 785
Current assets 839
Non current
liabilities
ow long-term debts
180
143
ow trade
receivables for
sales and
services
208Current liabilities
ow short term debts153
24
ow cash and
other financial
equivalents
631ow trade and other
acc payable129
Total Assets 1118 Total Liabilities 1118
Balance Sheet June 30 2013
Oct 2013
9
Business Growth
bull IDEUP acquisition
bull Strategic deal with Deutsche Telekom and ATampT in the USA
bull FREEWiFiGOWEX in New York and San Francisco
bull Deal with Win to cover Belgium
bull Alliance with Atlanteam to offer WiFi in airports in France
bull GOWEX will provide WiFi service in Hong Kong expanding in Asia (PCCW)
bull GOWEX gets in Italy with Bluwireless carriersrsquo hand
bull Nice and Ajaccio will have new free WiFi service provided by GOWEX
bull Oi Wi-Fi agreement in Brazil
Oct 2013
10
bull GOWEX strengthens its Board of Advisors and Directors by engaging
world experts in telecommunications
bull Start of the ADR program in New York
bull GOWEX sharesrsquo split with a 51 ratio
bull GOWEX to become part of the MSCI Spain Index
After June 30bull Margaret Chen vice-president of GOWEX China and member of the
board of advisors (Sept13)
bull GOWEX reaches an agreement with Eastern Fibernet and expands its
presence in China and Asia
bull New York City and GOWEX expand free WiFi network
Corporate Governance amp Stock
Oct 2013
11
MargaretChen
Margaret Chen joins GOWEX to lead the companyrsquos development acrossthe Asian market a strategic axis for the companyrsquos growth in the shortand medium term With over 20 yearsrsquo experience in managementpositions in the IT field in China the USA and Spain Margaret was namedone of the ldquoMost Influential Women of the World of Telecommunicationsin Chinardquo in 2006 Two years before Margaret was in charge of opening thefirst Telefonica office in China as Spanish multinational director for Asiawhich helped establish an important agreement between the TelefonicaGroup and China Unicom She will join GOWEX Advisors Board
Oct 2013
12
IDEUP 2012 figures
Revenues 22 million euroEBITDA 350000 euroNet Profit 250000 euro
IDEUP is a leading company in the developmentand implementation of digital services 360 B2B(business to business) covering all areas of digitalpresence from web to mobile web mobile appSEO SEM UX UI Social media etc
ldquoIDEUP will be integrated within the subsidiary GOWEX Mobilerdquo
ldquoWith this purchase GOWEX began a process of evaluation and purchase of companies that add value to the group thus
allowing faster growth of both companiesrdquo
Jenaro Garciacutea
IDEUP acquisition
Oct 2013
13
The social capital of the Company amounts to euro 72313360 divided into72313360 ordinary shares of euro 001 per value each (post split)
3790
2740
2476
994
On 12 March 2010 the company was listed on the Mercado Alternativo
Bursaacutetil (MAB) with an initial price of euro07 per share On 15 June 2010
Gowex became the first and only Spanish [SMB ndash in full] to list its shares
on two exchanges (a ldquoDual Listingrdquo) with quotations on both the MAB
stock market (GOW) and on the NYSE-Alternext (ALGOW) In February
GOWEX receives the authorization of the SEC (Securities and Exchange
Commission) to start an ADR program (LGWXY)
Free-FloatCash DevicesBiotelgyAlvasebi
Capital Structure
Oct 2013
14
Date 10172013
Market Cap (euro) 677000000
Num of shares 72313360 Dividend Paid 001404200 euroDay Average Volume (shares) 192000
30 days
Share evolution 1017201210172013
NYSE Alternext
MAB
Oct 2013
15
The MSCI Spain Index is designed to measure theperformance of the large and mid-cap segments ofthe Spanish market and covers approximately 85
bull BANCO SANTANDER bull REPSOL bull BBVA
bull TELEFOacuteNICA bull AMADEUS IT HLDG A bull GAS NATURAL SDG
bull INDITEX bull ABERTIS INFR bull IBERDROLA
bull FERROVIAL
MSCI Spain Index
of the equity universe in Spain After the addition of GOWEX the indexwill have 22 constituent companies
Top 10 Constituents
Oct 2013
16
Jenaro Garciacutea ldquoThanks to GOWEX and the efforts of the localadministrations we have been able to offer to their citizens free Wi-Fithe ldquowaterrdquo of the twenty-first centuryrdquo
The City of New York and GOWEX expand free WiFi networkto the main suburbs of the city
Oct 2013
17
Bloomberg Businessweek
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
18
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
News GOW
Engadget
Oct 2013
19
Telecompaper
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
20
Sunday World
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
21
Invertia interviewJenaro Garciacutea (GOWEX CEO)
For me this is something that goes far beyond
Our goal is to reach three hundred cities in less than five years and believe it is a plan that we are doing
We have projects in China and USA and America
ldquoSi ahora mismo tuvieacuteramos que cuantificar cuaacutento dinero te has ahorrado en publicidad gracias a que estaacutes cotizando podriacuteamos estar hablando de varios millones de eurosrdquo When we were not listed
we presented a project in the US and did not even reply to the calls
ldquoWhoever entered a year or two ago I was betting on a future idea for a project that was beginning to show its teeth like a child Instead now entering is betting for a college student
We are in an environment to see what opportunities may have and those that interest us can be buying opportunities
These were some of the responses
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
22
GOWEX turns the lsquoRabat Exporsquo into a WiFi City for the summit of local andregional leaders held in Morocco
The Madrilenian Company isthe official supplier of theSmart WiFi connection duringthe four days of UCLG ameeting that brings togetherthe key regional leaders of theworld The 3000representatives who willparticipate in the summit andthe 50000 expected visitors ofthe lsquoRabat Exporsquo will be able touse the GOWEX free WiFi
Rabat 2013
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
GOWEX turns
In a Wi-Fi City
Oct 2013
23
The best comments from our tweeters
tweets
Follow GOWEX last news through our Twitter account
gowex
ldquoWiFi must be like the water of the XXI century free for everyonerdquo
ldquoThe city that never sleeps is also the city now always connectedrdquo
ldquoThere is something of GOWEX and MAB companies I value greatly honesty humility and commitment to societyrdquo
ldquoThe inner satisfaction of being GOWEX shareholder can only be felt by those who are within the companyrdquo
Oct 2013
Oct 2013
8
Assets (euroM)30th June
2013Liabilities (euroM)
30th June
2013
Non current
Assets279 Net Equity 785
Current assets 839
Non current
liabilities
ow long-term debts
180
143
ow trade
receivables for
sales and
services
208Current liabilities
ow short term debts153
24
ow cash and
other financial
equivalents
631ow trade and other
acc payable129
Total Assets 1118 Total Liabilities 1118
Balance Sheet June 30 2013
Oct 2013
9
Business Growth
bull IDEUP acquisition
bull Strategic deal with Deutsche Telekom and ATampT in the USA
bull FREEWiFiGOWEX in New York and San Francisco
bull Deal with Win to cover Belgium
bull Alliance with Atlanteam to offer WiFi in airports in France
bull GOWEX will provide WiFi service in Hong Kong expanding in Asia (PCCW)
bull GOWEX gets in Italy with Bluwireless carriersrsquo hand
bull Nice and Ajaccio will have new free WiFi service provided by GOWEX
bull Oi Wi-Fi agreement in Brazil
Oct 2013
10
bull GOWEX strengthens its Board of Advisors and Directors by engaging
world experts in telecommunications
bull Start of the ADR program in New York
bull GOWEX sharesrsquo split with a 51 ratio
bull GOWEX to become part of the MSCI Spain Index
After June 30bull Margaret Chen vice-president of GOWEX China and member of the
board of advisors (Sept13)
bull GOWEX reaches an agreement with Eastern Fibernet and expands its
presence in China and Asia
bull New York City and GOWEX expand free WiFi network
Corporate Governance amp Stock
Oct 2013
11
MargaretChen
Margaret Chen joins GOWEX to lead the companyrsquos development acrossthe Asian market a strategic axis for the companyrsquos growth in the shortand medium term With over 20 yearsrsquo experience in managementpositions in the IT field in China the USA and Spain Margaret was namedone of the ldquoMost Influential Women of the World of Telecommunicationsin Chinardquo in 2006 Two years before Margaret was in charge of opening thefirst Telefonica office in China as Spanish multinational director for Asiawhich helped establish an important agreement between the TelefonicaGroup and China Unicom She will join GOWEX Advisors Board
Oct 2013
12
IDEUP 2012 figures
Revenues 22 million euroEBITDA 350000 euroNet Profit 250000 euro
IDEUP is a leading company in the developmentand implementation of digital services 360 B2B(business to business) covering all areas of digitalpresence from web to mobile web mobile appSEO SEM UX UI Social media etc
ldquoIDEUP will be integrated within the subsidiary GOWEX Mobilerdquo
ldquoWith this purchase GOWEX began a process of evaluation and purchase of companies that add value to the group thus
allowing faster growth of both companiesrdquo
Jenaro Garciacutea
IDEUP acquisition
Oct 2013
13
The social capital of the Company amounts to euro 72313360 divided into72313360 ordinary shares of euro 001 per value each (post split)
3790
2740
2476
994
On 12 March 2010 the company was listed on the Mercado Alternativo
Bursaacutetil (MAB) with an initial price of euro07 per share On 15 June 2010
Gowex became the first and only Spanish [SMB ndash in full] to list its shares
on two exchanges (a ldquoDual Listingrdquo) with quotations on both the MAB
stock market (GOW) and on the NYSE-Alternext (ALGOW) In February
GOWEX receives the authorization of the SEC (Securities and Exchange
Commission) to start an ADR program (LGWXY)
Free-FloatCash DevicesBiotelgyAlvasebi
Capital Structure
Oct 2013
14
Date 10172013
Market Cap (euro) 677000000
Num of shares 72313360 Dividend Paid 001404200 euroDay Average Volume (shares) 192000
30 days
Share evolution 1017201210172013
NYSE Alternext
MAB
Oct 2013
15
The MSCI Spain Index is designed to measure theperformance of the large and mid-cap segments ofthe Spanish market and covers approximately 85
bull BANCO SANTANDER bull REPSOL bull BBVA
bull TELEFOacuteNICA bull AMADEUS IT HLDG A bull GAS NATURAL SDG
bull INDITEX bull ABERTIS INFR bull IBERDROLA
bull FERROVIAL
MSCI Spain Index
of the equity universe in Spain After the addition of GOWEX the indexwill have 22 constituent companies
Top 10 Constituents
Oct 2013
16
Jenaro Garciacutea ldquoThanks to GOWEX and the efforts of the localadministrations we have been able to offer to their citizens free Wi-Fithe ldquowaterrdquo of the twenty-first centuryrdquo
The City of New York and GOWEX expand free WiFi networkto the main suburbs of the city
Oct 2013
17
Bloomberg Businessweek
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
18
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
News GOW
Engadget
Oct 2013
19
Telecompaper
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
20
Sunday World
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
21
Invertia interviewJenaro Garciacutea (GOWEX CEO)
For me this is something that goes far beyond
Our goal is to reach three hundred cities in less than five years and believe it is a plan that we are doing
We have projects in China and USA and America
ldquoSi ahora mismo tuvieacuteramos que cuantificar cuaacutento dinero te has ahorrado en publicidad gracias a que estaacutes cotizando podriacuteamos estar hablando de varios millones de eurosrdquo When we were not listed
we presented a project in the US and did not even reply to the calls
ldquoWhoever entered a year or two ago I was betting on a future idea for a project that was beginning to show its teeth like a child Instead now entering is betting for a college student
We are in an environment to see what opportunities may have and those that interest us can be buying opportunities
These were some of the responses
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
22
GOWEX turns the lsquoRabat Exporsquo into a WiFi City for the summit of local andregional leaders held in Morocco
The Madrilenian Company isthe official supplier of theSmart WiFi connection duringthe four days of UCLG ameeting that brings togetherthe key regional leaders of theworld The 3000representatives who willparticipate in the summit andthe 50000 expected visitors ofthe lsquoRabat Exporsquo will be able touse the GOWEX free WiFi
Rabat 2013
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
GOWEX turns
In a Wi-Fi City
Oct 2013
23
The best comments from our tweeters
tweets
Follow GOWEX last news through our Twitter account
gowex
ldquoWiFi must be like the water of the XXI century free for everyonerdquo
ldquoThe city that never sleeps is also the city now always connectedrdquo
ldquoThere is something of GOWEX and MAB companies I value greatly honesty humility and commitment to societyrdquo
ldquoThe inner satisfaction of being GOWEX shareholder can only be felt by those who are within the companyrdquo
Oct 2013
Oct 2013
9
Business Growth
bull IDEUP acquisition
bull Strategic deal with Deutsche Telekom and ATampT in the USA
bull FREEWiFiGOWEX in New York and San Francisco
bull Deal with Win to cover Belgium
bull Alliance with Atlanteam to offer WiFi in airports in France
bull GOWEX will provide WiFi service in Hong Kong expanding in Asia (PCCW)
bull GOWEX gets in Italy with Bluwireless carriersrsquo hand
bull Nice and Ajaccio will have new free WiFi service provided by GOWEX
bull Oi Wi-Fi agreement in Brazil
Oct 2013
10
bull GOWEX strengthens its Board of Advisors and Directors by engaging
world experts in telecommunications
bull Start of the ADR program in New York
bull GOWEX sharesrsquo split with a 51 ratio
bull GOWEX to become part of the MSCI Spain Index
After June 30bull Margaret Chen vice-president of GOWEX China and member of the
board of advisors (Sept13)
bull GOWEX reaches an agreement with Eastern Fibernet and expands its
presence in China and Asia
bull New York City and GOWEX expand free WiFi network
Corporate Governance amp Stock
Oct 2013
11
MargaretChen
Margaret Chen joins GOWEX to lead the companyrsquos development acrossthe Asian market a strategic axis for the companyrsquos growth in the shortand medium term With over 20 yearsrsquo experience in managementpositions in the IT field in China the USA and Spain Margaret was namedone of the ldquoMost Influential Women of the World of Telecommunicationsin Chinardquo in 2006 Two years before Margaret was in charge of opening thefirst Telefonica office in China as Spanish multinational director for Asiawhich helped establish an important agreement between the TelefonicaGroup and China Unicom She will join GOWEX Advisors Board
Oct 2013
12
IDEUP 2012 figures
Revenues 22 million euroEBITDA 350000 euroNet Profit 250000 euro
IDEUP is a leading company in the developmentand implementation of digital services 360 B2B(business to business) covering all areas of digitalpresence from web to mobile web mobile appSEO SEM UX UI Social media etc
ldquoIDEUP will be integrated within the subsidiary GOWEX Mobilerdquo
ldquoWith this purchase GOWEX began a process of evaluation and purchase of companies that add value to the group thus
allowing faster growth of both companiesrdquo
Jenaro Garciacutea
IDEUP acquisition
Oct 2013
13
The social capital of the Company amounts to euro 72313360 divided into72313360 ordinary shares of euro 001 per value each (post split)
3790
2740
2476
994
On 12 March 2010 the company was listed on the Mercado Alternativo
Bursaacutetil (MAB) with an initial price of euro07 per share On 15 June 2010
Gowex became the first and only Spanish [SMB ndash in full] to list its shares
on two exchanges (a ldquoDual Listingrdquo) with quotations on both the MAB
stock market (GOW) and on the NYSE-Alternext (ALGOW) In February
GOWEX receives the authorization of the SEC (Securities and Exchange
Commission) to start an ADR program (LGWXY)
Free-FloatCash DevicesBiotelgyAlvasebi
Capital Structure
Oct 2013
14
Date 10172013
Market Cap (euro) 677000000
Num of shares 72313360 Dividend Paid 001404200 euroDay Average Volume (shares) 192000
30 days
Share evolution 1017201210172013
NYSE Alternext
MAB
Oct 2013
15
The MSCI Spain Index is designed to measure theperformance of the large and mid-cap segments ofthe Spanish market and covers approximately 85
bull BANCO SANTANDER bull REPSOL bull BBVA
bull TELEFOacuteNICA bull AMADEUS IT HLDG A bull GAS NATURAL SDG
bull INDITEX bull ABERTIS INFR bull IBERDROLA
bull FERROVIAL
MSCI Spain Index
of the equity universe in Spain After the addition of GOWEX the indexwill have 22 constituent companies
Top 10 Constituents
Oct 2013
16
Jenaro Garciacutea ldquoThanks to GOWEX and the efforts of the localadministrations we have been able to offer to their citizens free Wi-Fithe ldquowaterrdquo of the twenty-first centuryrdquo
The City of New York and GOWEX expand free WiFi networkto the main suburbs of the city
Oct 2013
17
Bloomberg Businessweek
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
18
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
News GOW
Engadget
Oct 2013
19
Telecompaper
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
20
Sunday World
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
21
Invertia interviewJenaro Garciacutea (GOWEX CEO)
For me this is something that goes far beyond
Our goal is to reach three hundred cities in less than five years and believe it is a plan that we are doing
We have projects in China and USA and America
ldquoSi ahora mismo tuvieacuteramos que cuantificar cuaacutento dinero te has ahorrado en publicidad gracias a que estaacutes cotizando podriacuteamos estar hablando de varios millones de eurosrdquo When we were not listed
we presented a project in the US and did not even reply to the calls
ldquoWhoever entered a year or two ago I was betting on a future idea for a project that was beginning to show its teeth like a child Instead now entering is betting for a college student
We are in an environment to see what opportunities may have and those that interest us can be buying opportunities
These were some of the responses
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
22
GOWEX turns the lsquoRabat Exporsquo into a WiFi City for the summit of local andregional leaders held in Morocco
The Madrilenian Company isthe official supplier of theSmart WiFi connection duringthe four days of UCLG ameeting that brings togetherthe key regional leaders of theworld The 3000representatives who willparticipate in the summit andthe 50000 expected visitors ofthe lsquoRabat Exporsquo will be able touse the GOWEX free WiFi
Rabat 2013
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
GOWEX turns
In a Wi-Fi City
Oct 2013
23
The best comments from our tweeters
tweets
Follow GOWEX last news through our Twitter account
gowex
ldquoWiFi must be like the water of the XXI century free for everyonerdquo
ldquoThe city that never sleeps is also the city now always connectedrdquo
ldquoThere is something of GOWEX and MAB companies I value greatly honesty humility and commitment to societyrdquo
ldquoThe inner satisfaction of being GOWEX shareholder can only be felt by those who are within the companyrdquo
Oct 2013
Oct 2013
10
bull GOWEX strengthens its Board of Advisors and Directors by engaging
world experts in telecommunications
bull Start of the ADR program in New York
bull GOWEX sharesrsquo split with a 51 ratio
bull GOWEX to become part of the MSCI Spain Index
After June 30bull Margaret Chen vice-president of GOWEX China and member of the
board of advisors (Sept13)
bull GOWEX reaches an agreement with Eastern Fibernet and expands its
presence in China and Asia
bull New York City and GOWEX expand free WiFi network
Corporate Governance amp Stock
Oct 2013
11
MargaretChen
Margaret Chen joins GOWEX to lead the companyrsquos development acrossthe Asian market a strategic axis for the companyrsquos growth in the shortand medium term With over 20 yearsrsquo experience in managementpositions in the IT field in China the USA and Spain Margaret was namedone of the ldquoMost Influential Women of the World of Telecommunicationsin Chinardquo in 2006 Two years before Margaret was in charge of opening thefirst Telefonica office in China as Spanish multinational director for Asiawhich helped establish an important agreement between the TelefonicaGroup and China Unicom She will join GOWEX Advisors Board
Oct 2013
12
IDEUP 2012 figures
Revenues 22 million euroEBITDA 350000 euroNet Profit 250000 euro
IDEUP is a leading company in the developmentand implementation of digital services 360 B2B(business to business) covering all areas of digitalpresence from web to mobile web mobile appSEO SEM UX UI Social media etc
ldquoIDEUP will be integrated within the subsidiary GOWEX Mobilerdquo
ldquoWith this purchase GOWEX began a process of evaluation and purchase of companies that add value to the group thus
allowing faster growth of both companiesrdquo
Jenaro Garciacutea
IDEUP acquisition
Oct 2013
13
The social capital of the Company amounts to euro 72313360 divided into72313360 ordinary shares of euro 001 per value each (post split)
3790
2740
2476
994
On 12 March 2010 the company was listed on the Mercado Alternativo
Bursaacutetil (MAB) with an initial price of euro07 per share On 15 June 2010
Gowex became the first and only Spanish [SMB ndash in full] to list its shares
on two exchanges (a ldquoDual Listingrdquo) with quotations on both the MAB
stock market (GOW) and on the NYSE-Alternext (ALGOW) In February
GOWEX receives the authorization of the SEC (Securities and Exchange
Commission) to start an ADR program (LGWXY)
Free-FloatCash DevicesBiotelgyAlvasebi
Capital Structure
Oct 2013
14
Date 10172013
Market Cap (euro) 677000000
Num of shares 72313360 Dividend Paid 001404200 euroDay Average Volume (shares) 192000
30 days
Share evolution 1017201210172013
NYSE Alternext
MAB
Oct 2013
15
The MSCI Spain Index is designed to measure theperformance of the large and mid-cap segments ofthe Spanish market and covers approximately 85
bull BANCO SANTANDER bull REPSOL bull BBVA
bull TELEFOacuteNICA bull AMADEUS IT HLDG A bull GAS NATURAL SDG
bull INDITEX bull ABERTIS INFR bull IBERDROLA
bull FERROVIAL
MSCI Spain Index
of the equity universe in Spain After the addition of GOWEX the indexwill have 22 constituent companies
Top 10 Constituents
Oct 2013
16
Jenaro Garciacutea ldquoThanks to GOWEX and the efforts of the localadministrations we have been able to offer to their citizens free Wi-Fithe ldquowaterrdquo of the twenty-first centuryrdquo
The City of New York and GOWEX expand free WiFi networkto the main suburbs of the city
Oct 2013
17
Bloomberg Businessweek
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
18
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
News GOW
Engadget
Oct 2013
19
Telecompaper
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
20
Sunday World
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
21
Invertia interviewJenaro Garciacutea (GOWEX CEO)
For me this is something that goes far beyond
Our goal is to reach three hundred cities in less than five years and believe it is a plan that we are doing
We have projects in China and USA and America
ldquoSi ahora mismo tuvieacuteramos que cuantificar cuaacutento dinero te has ahorrado en publicidad gracias a que estaacutes cotizando podriacuteamos estar hablando de varios millones de eurosrdquo When we were not listed
we presented a project in the US and did not even reply to the calls
ldquoWhoever entered a year or two ago I was betting on a future idea for a project that was beginning to show its teeth like a child Instead now entering is betting for a college student
We are in an environment to see what opportunities may have and those that interest us can be buying opportunities
These were some of the responses
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
22
GOWEX turns the lsquoRabat Exporsquo into a WiFi City for the summit of local andregional leaders held in Morocco
The Madrilenian Company isthe official supplier of theSmart WiFi connection duringthe four days of UCLG ameeting that brings togetherthe key regional leaders of theworld The 3000representatives who willparticipate in the summit andthe 50000 expected visitors ofthe lsquoRabat Exporsquo will be able touse the GOWEX free WiFi
Rabat 2013
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
GOWEX turns
In a Wi-Fi City
Oct 2013
23
The best comments from our tweeters
tweets
Follow GOWEX last news through our Twitter account
gowex
ldquoWiFi must be like the water of the XXI century free for everyonerdquo
ldquoThe city that never sleeps is also the city now always connectedrdquo
ldquoThere is something of GOWEX and MAB companies I value greatly honesty humility and commitment to societyrdquo
ldquoThe inner satisfaction of being GOWEX shareholder can only be felt by those who are within the companyrdquo
Oct 2013
Oct 2013
11
MargaretChen
Margaret Chen joins GOWEX to lead the companyrsquos development acrossthe Asian market a strategic axis for the companyrsquos growth in the shortand medium term With over 20 yearsrsquo experience in managementpositions in the IT field in China the USA and Spain Margaret was namedone of the ldquoMost Influential Women of the World of Telecommunicationsin Chinardquo in 2006 Two years before Margaret was in charge of opening thefirst Telefonica office in China as Spanish multinational director for Asiawhich helped establish an important agreement between the TelefonicaGroup and China Unicom She will join GOWEX Advisors Board
Oct 2013
12
IDEUP 2012 figures
Revenues 22 million euroEBITDA 350000 euroNet Profit 250000 euro
IDEUP is a leading company in the developmentand implementation of digital services 360 B2B(business to business) covering all areas of digitalpresence from web to mobile web mobile appSEO SEM UX UI Social media etc
ldquoIDEUP will be integrated within the subsidiary GOWEX Mobilerdquo
ldquoWith this purchase GOWEX began a process of evaluation and purchase of companies that add value to the group thus
allowing faster growth of both companiesrdquo
Jenaro Garciacutea
IDEUP acquisition
Oct 2013
13
The social capital of the Company amounts to euro 72313360 divided into72313360 ordinary shares of euro 001 per value each (post split)
3790
2740
2476
994
On 12 March 2010 the company was listed on the Mercado Alternativo
Bursaacutetil (MAB) with an initial price of euro07 per share On 15 June 2010
Gowex became the first and only Spanish [SMB ndash in full] to list its shares
on two exchanges (a ldquoDual Listingrdquo) with quotations on both the MAB
stock market (GOW) and on the NYSE-Alternext (ALGOW) In February
GOWEX receives the authorization of the SEC (Securities and Exchange
Commission) to start an ADR program (LGWXY)
Free-FloatCash DevicesBiotelgyAlvasebi
Capital Structure
Oct 2013
14
Date 10172013
Market Cap (euro) 677000000
Num of shares 72313360 Dividend Paid 001404200 euroDay Average Volume (shares) 192000
30 days
Share evolution 1017201210172013
NYSE Alternext
MAB
Oct 2013
15
The MSCI Spain Index is designed to measure theperformance of the large and mid-cap segments ofthe Spanish market and covers approximately 85
bull BANCO SANTANDER bull REPSOL bull BBVA
bull TELEFOacuteNICA bull AMADEUS IT HLDG A bull GAS NATURAL SDG
bull INDITEX bull ABERTIS INFR bull IBERDROLA
bull FERROVIAL
MSCI Spain Index
of the equity universe in Spain After the addition of GOWEX the indexwill have 22 constituent companies
Top 10 Constituents
Oct 2013
16
Jenaro Garciacutea ldquoThanks to GOWEX and the efforts of the localadministrations we have been able to offer to their citizens free Wi-Fithe ldquowaterrdquo of the twenty-first centuryrdquo
The City of New York and GOWEX expand free WiFi networkto the main suburbs of the city
Oct 2013
17
Bloomberg Businessweek
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
18
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
News GOW
Engadget
Oct 2013
19
Telecompaper
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
20
Sunday World
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
21
Invertia interviewJenaro Garciacutea (GOWEX CEO)
For me this is something that goes far beyond
Our goal is to reach three hundred cities in less than five years and believe it is a plan that we are doing
We have projects in China and USA and America
ldquoSi ahora mismo tuvieacuteramos que cuantificar cuaacutento dinero te has ahorrado en publicidad gracias a que estaacutes cotizando podriacuteamos estar hablando de varios millones de eurosrdquo When we were not listed
we presented a project in the US and did not even reply to the calls
ldquoWhoever entered a year or two ago I was betting on a future idea for a project that was beginning to show its teeth like a child Instead now entering is betting for a college student
We are in an environment to see what opportunities may have and those that interest us can be buying opportunities
These were some of the responses
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
22
GOWEX turns the lsquoRabat Exporsquo into a WiFi City for the summit of local andregional leaders held in Morocco
The Madrilenian Company isthe official supplier of theSmart WiFi connection duringthe four days of UCLG ameeting that brings togetherthe key regional leaders of theworld The 3000representatives who willparticipate in the summit andthe 50000 expected visitors ofthe lsquoRabat Exporsquo will be able touse the GOWEX free WiFi
Rabat 2013
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
GOWEX turns
In a Wi-Fi City
Oct 2013
23
The best comments from our tweeters
tweets
Follow GOWEX last news through our Twitter account
gowex
ldquoWiFi must be like the water of the XXI century free for everyonerdquo
ldquoThe city that never sleeps is also the city now always connectedrdquo
ldquoThere is something of GOWEX and MAB companies I value greatly honesty humility and commitment to societyrdquo
ldquoThe inner satisfaction of being GOWEX shareholder can only be felt by those who are within the companyrdquo
Oct 2013
Oct 2013
12
IDEUP 2012 figures
Revenues 22 million euroEBITDA 350000 euroNet Profit 250000 euro
IDEUP is a leading company in the developmentand implementation of digital services 360 B2B(business to business) covering all areas of digitalpresence from web to mobile web mobile appSEO SEM UX UI Social media etc
ldquoIDEUP will be integrated within the subsidiary GOWEX Mobilerdquo
ldquoWith this purchase GOWEX began a process of evaluation and purchase of companies that add value to the group thus
allowing faster growth of both companiesrdquo
Jenaro Garciacutea
IDEUP acquisition
Oct 2013
13
The social capital of the Company amounts to euro 72313360 divided into72313360 ordinary shares of euro 001 per value each (post split)
3790
2740
2476
994
On 12 March 2010 the company was listed on the Mercado Alternativo
Bursaacutetil (MAB) with an initial price of euro07 per share On 15 June 2010
Gowex became the first and only Spanish [SMB ndash in full] to list its shares
on two exchanges (a ldquoDual Listingrdquo) with quotations on both the MAB
stock market (GOW) and on the NYSE-Alternext (ALGOW) In February
GOWEX receives the authorization of the SEC (Securities and Exchange
Commission) to start an ADR program (LGWXY)
Free-FloatCash DevicesBiotelgyAlvasebi
Capital Structure
Oct 2013
14
Date 10172013
Market Cap (euro) 677000000
Num of shares 72313360 Dividend Paid 001404200 euroDay Average Volume (shares) 192000
30 days
Share evolution 1017201210172013
NYSE Alternext
MAB
Oct 2013
15
The MSCI Spain Index is designed to measure theperformance of the large and mid-cap segments ofthe Spanish market and covers approximately 85
bull BANCO SANTANDER bull REPSOL bull BBVA
bull TELEFOacuteNICA bull AMADEUS IT HLDG A bull GAS NATURAL SDG
bull INDITEX bull ABERTIS INFR bull IBERDROLA
bull FERROVIAL
MSCI Spain Index
of the equity universe in Spain After the addition of GOWEX the indexwill have 22 constituent companies
Top 10 Constituents
Oct 2013
16
Jenaro Garciacutea ldquoThanks to GOWEX and the efforts of the localadministrations we have been able to offer to their citizens free Wi-Fithe ldquowaterrdquo of the twenty-first centuryrdquo
The City of New York and GOWEX expand free WiFi networkto the main suburbs of the city
Oct 2013
17
Bloomberg Businessweek
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
18
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
News GOW
Engadget
Oct 2013
19
Telecompaper
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
20
Sunday World
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
21
Invertia interviewJenaro Garciacutea (GOWEX CEO)
For me this is something that goes far beyond
Our goal is to reach three hundred cities in less than five years and believe it is a plan that we are doing
We have projects in China and USA and America
ldquoSi ahora mismo tuvieacuteramos que cuantificar cuaacutento dinero te has ahorrado en publicidad gracias a que estaacutes cotizando podriacuteamos estar hablando de varios millones de eurosrdquo When we were not listed
we presented a project in the US and did not even reply to the calls
ldquoWhoever entered a year or two ago I was betting on a future idea for a project that was beginning to show its teeth like a child Instead now entering is betting for a college student
We are in an environment to see what opportunities may have and those that interest us can be buying opportunities
These were some of the responses
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
22
GOWEX turns the lsquoRabat Exporsquo into a WiFi City for the summit of local andregional leaders held in Morocco
The Madrilenian Company isthe official supplier of theSmart WiFi connection duringthe four days of UCLG ameeting that brings togetherthe key regional leaders of theworld The 3000representatives who willparticipate in the summit andthe 50000 expected visitors ofthe lsquoRabat Exporsquo will be able touse the GOWEX free WiFi
Rabat 2013
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
GOWEX turns
In a Wi-Fi City
Oct 2013
23
The best comments from our tweeters
tweets
Follow GOWEX last news through our Twitter account
gowex
ldquoWiFi must be like the water of the XXI century free for everyonerdquo
ldquoThe city that never sleeps is also the city now always connectedrdquo
ldquoThere is something of GOWEX and MAB companies I value greatly honesty humility and commitment to societyrdquo
ldquoThe inner satisfaction of being GOWEX shareholder can only be felt by those who are within the companyrdquo
Oct 2013
Oct 2013
13
The social capital of the Company amounts to euro 72313360 divided into72313360 ordinary shares of euro 001 per value each (post split)
3790
2740
2476
994
On 12 March 2010 the company was listed on the Mercado Alternativo
Bursaacutetil (MAB) with an initial price of euro07 per share On 15 June 2010
Gowex became the first and only Spanish [SMB ndash in full] to list its shares
on two exchanges (a ldquoDual Listingrdquo) with quotations on both the MAB
stock market (GOW) and on the NYSE-Alternext (ALGOW) In February
GOWEX receives the authorization of the SEC (Securities and Exchange
Commission) to start an ADR program (LGWXY)
Free-FloatCash DevicesBiotelgyAlvasebi
Capital Structure
Oct 2013
14
Date 10172013
Market Cap (euro) 677000000
Num of shares 72313360 Dividend Paid 001404200 euroDay Average Volume (shares) 192000
30 days
Share evolution 1017201210172013
NYSE Alternext
MAB
Oct 2013
15
The MSCI Spain Index is designed to measure theperformance of the large and mid-cap segments ofthe Spanish market and covers approximately 85
bull BANCO SANTANDER bull REPSOL bull BBVA
bull TELEFOacuteNICA bull AMADEUS IT HLDG A bull GAS NATURAL SDG
bull INDITEX bull ABERTIS INFR bull IBERDROLA
bull FERROVIAL
MSCI Spain Index
of the equity universe in Spain After the addition of GOWEX the indexwill have 22 constituent companies
Top 10 Constituents
Oct 2013
16
Jenaro Garciacutea ldquoThanks to GOWEX and the efforts of the localadministrations we have been able to offer to their citizens free Wi-Fithe ldquowaterrdquo of the twenty-first centuryrdquo
The City of New York and GOWEX expand free WiFi networkto the main suburbs of the city
Oct 2013
17
Bloomberg Businessweek
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
18
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
News GOW
Engadget
Oct 2013
19
Telecompaper
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
20
Sunday World
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
21
Invertia interviewJenaro Garciacutea (GOWEX CEO)
For me this is something that goes far beyond
Our goal is to reach three hundred cities in less than five years and believe it is a plan that we are doing
We have projects in China and USA and America
ldquoSi ahora mismo tuvieacuteramos que cuantificar cuaacutento dinero te has ahorrado en publicidad gracias a que estaacutes cotizando podriacuteamos estar hablando de varios millones de eurosrdquo When we were not listed
we presented a project in the US and did not even reply to the calls
ldquoWhoever entered a year or two ago I was betting on a future idea for a project that was beginning to show its teeth like a child Instead now entering is betting for a college student
We are in an environment to see what opportunities may have and those that interest us can be buying opportunities
These were some of the responses
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
22
GOWEX turns the lsquoRabat Exporsquo into a WiFi City for the summit of local andregional leaders held in Morocco
The Madrilenian Company isthe official supplier of theSmart WiFi connection duringthe four days of UCLG ameeting that brings togetherthe key regional leaders of theworld The 3000representatives who willparticipate in the summit andthe 50000 expected visitors ofthe lsquoRabat Exporsquo will be able touse the GOWEX free WiFi
Rabat 2013
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
GOWEX turns
In a Wi-Fi City
Oct 2013
23
The best comments from our tweeters
tweets
Follow GOWEX last news through our Twitter account
gowex
ldquoWiFi must be like the water of the XXI century free for everyonerdquo
ldquoThe city that never sleeps is also the city now always connectedrdquo
ldquoThere is something of GOWEX and MAB companies I value greatly honesty humility and commitment to societyrdquo
ldquoThe inner satisfaction of being GOWEX shareholder can only be felt by those who are within the companyrdquo
Oct 2013
Oct 2013
14
Date 10172013
Market Cap (euro) 677000000
Num of shares 72313360 Dividend Paid 001404200 euroDay Average Volume (shares) 192000
30 days
Share evolution 1017201210172013
NYSE Alternext
MAB
Oct 2013
15
The MSCI Spain Index is designed to measure theperformance of the large and mid-cap segments ofthe Spanish market and covers approximately 85
bull BANCO SANTANDER bull REPSOL bull BBVA
bull TELEFOacuteNICA bull AMADEUS IT HLDG A bull GAS NATURAL SDG
bull INDITEX bull ABERTIS INFR bull IBERDROLA
bull FERROVIAL
MSCI Spain Index
of the equity universe in Spain After the addition of GOWEX the indexwill have 22 constituent companies
Top 10 Constituents
Oct 2013
16
Jenaro Garciacutea ldquoThanks to GOWEX and the efforts of the localadministrations we have been able to offer to their citizens free Wi-Fithe ldquowaterrdquo of the twenty-first centuryrdquo
The City of New York and GOWEX expand free WiFi networkto the main suburbs of the city
Oct 2013
17
Bloomberg Businessweek
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
18
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
News GOW
Engadget
Oct 2013
19
Telecompaper
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
20
Sunday World
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
21
Invertia interviewJenaro Garciacutea (GOWEX CEO)
For me this is something that goes far beyond
Our goal is to reach three hundred cities in less than five years and believe it is a plan that we are doing
We have projects in China and USA and America
ldquoSi ahora mismo tuvieacuteramos que cuantificar cuaacutento dinero te has ahorrado en publicidad gracias a que estaacutes cotizando podriacuteamos estar hablando de varios millones de eurosrdquo When we were not listed
we presented a project in the US and did not even reply to the calls
ldquoWhoever entered a year or two ago I was betting on a future idea for a project that was beginning to show its teeth like a child Instead now entering is betting for a college student
We are in an environment to see what opportunities may have and those that interest us can be buying opportunities
These were some of the responses
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
22
GOWEX turns the lsquoRabat Exporsquo into a WiFi City for the summit of local andregional leaders held in Morocco
The Madrilenian Company isthe official supplier of theSmart WiFi connection duringthe four days of UCLG ameeting that brings togetherthe key regional leaders of theworld The 3000representatives who willparticipate in the summit andthe 50000 expected visitors ofthe lsquoRabat Exporsquo will be able touse the GOWEX free WiFi
Rabat 2013
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
GOWEX turns
In a Wi-Fi City
Oct 2013
23
The best comments from our tweeters
tweets
Follow GOWEX last news through our Twitter account
gowex
ldquoWiFi must be like the water of the XXI century free for everyonerdquo
ldquoThe city that never sleeps is also the city now always connectedrdquo
ldquoThere is something of GOWEX and MAB companies I value greatly honesty humility and commitment to societyrdquo
ldquoThe inner satisfaction of being GOWEX shareholder can only be felt by those who are within the companyrdquo
Oct 2013
Oct 2013
15
The MSCI Spain Index is designed to measure theperformance of the large and mid-cap segments ofthe Spanish market and covers approximately 85
bull BANCO SANTANDER bull REPSOL bull BBVA
bull TELEFOacuteNICA bull AMADEUS IT HLDG A bull GAS NATURAL SDG
bull INDITEX bull ABERTIS INFR bull IBERDROLA
bull FERROVIAL
MSCI Spain Index
of the equity universe in Spain After the addition of GOWEX the indexwill have 22 constituent companies
Top 10 Constituents
Oct 2013
16
Jenaro Garciacutea ldquoThanks to GOWEX and the efforts of the localadministrations we have been able to offer to their citizens free Wi-Fithe ldquowaterrdquo of the twenty-first centuryrdquo
The City of New York and GOWEX expand free WiFi networkto the main suburbs of the city
Oct 2013
17
Bloomberg Businessweek
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
18
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
News GOW
Engadget
Oct 2013
19
Telecompaper
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
20
Sunday World
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
21
Invertia interviewJenaro Garciacutea (GOWEX CEO)
For me this is something that goes far beyond
Our goal is to reach three hundred cities in less than five years and believe it is a plan that we are doing
We have projects in China and USA and America
ldquoSi ahora mismo tuvieacuteramos que cuantificar cuaacutento dinero te has ahorrado en publicidad gracias a que estaacutes cotizando podriacuteamos estar hablando de varios millones de eurosrdquo When we were not listed
we presented a project in the US and did not even reply to the calls
ldquoWhoever entered a year or two ago I was betting on a future idea for a project that was beginning to show its teeth like a child Instead now entering is betting for a college student
We are in an environment to see what opportunities may have and those that interest us can be buying opportunities
These were some of the responses
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
22
GOWEX turns the lsquoRabat Exporsquo into a WiFi City for the summit of local andregional leaders held in Morocco
The Madrilenian Company isthe official supplier of theSmart WiFi connection duringthe four days of UCLG ameeting that brings togetherthe key regional leaders of theworld The 3000representatives who willparticipate in the summit andthe 50000 expected visitors ofthe lsquoRabat Exporsquo will be able touse the GOWEX free WiFi
Rabat 2013
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
GOWEX turns
In a Wi-Fi City
Oct 2013
23
The best comments from our tweeters
tweets
Follow GOWEX last news through our Twitter account
gowex
ldquoWiFi must be like the water of the XXI century free for everyonerdquo
ldquoThe city that never sleeps is also the city now always connectedrdquo
ldquoThere is something of GOWEX and MAB companies I value greatly honesty humility and commitment to societyrdquo
ldquoThe inner satisfaction of being GOWEX shareholder can only be felt by those who are within the companyrdquo
Oct 2013
Oct 2013
16
Jenaro Garciacutea ldquoThanks to GOWEX and the efforts of the localadministrations we have been able to offer to their citizens free Wi-Fithe ldquowaterrdquo of the twenty-first centuryrdquo
The City of New York and GOWEX expand free WiFi networkto the main suburbs of the city
Oct 2013
17
Bloomberg Businessweek
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
18
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
News GOW
Engadget
Oct 2013
19
Telecompaper
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
20
Sunday World
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
21
Invertia interviewJenaro Garciacutea (GOWEX CEO)
For me this is something that goes far beyond
Our goal is to reach three hundred cities in less than five years and believe it is a plan that we are doing
We have projects in China and USA and America
ldquoSi ahora mismo tuvieacuteramos que cuantificar cuaacutento dinero te has ahorrado en publicidad gracias a que estaacutes cotizando podriacuteamos estar hablando de varios millones de eurosrdquo When we were not listed
we presented a project in the US and did not even reply to the calls
ldquoWhoever entered a year or two ago I was betting on a future idea for a project that was beginning to show its teeth like a child Instead now entering is betting for a college student
We are in an environment to see what opportunities may have and those that interest us can be buying opportunities
These were some of the responses
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
22
GOWEX turns the lsquoRabat Exporsquo into a WiFi City for the summit of local andregional leaders held in Morocco
The Madrilenian Company isthe official supplier of theSmart WiFi connection duringthe four days of UCLG ameeting that brings togetherthe key regional leaders of theworld The 3000representatives who willparticipate in the summit andthe 50000 expected visitors ofthe lsquoRabat Exporsquo will be able touse the GOWEX free WiFi
Rabat 2013
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
GOWEX turns
In a Wi-Fi City
Oct 2013
23
The best comments from our tweeters
tweets
Follow GOWEX last news through our Twitter account
gowex
ldquoWiFi must be like the water of the XXI century free for everyonerdquo
ldquoThe city that never sleeps is also the city now always connectedrdquo
ldquoThere is something of GOWEX and MAB companies I value greatly honesty humility and commitment to societyrdquo
ldquoThe inner satisfaction of being GOWEX shareholder can only be felt by those who are within the companyrdquo
Oct 2013
Oct 2013
17
Bloomberg Businessweek
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
18
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
News GOW
Engadget
Oct 2013
19
Telecompaper
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
20
Sunday World
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
21
Invertia interviewJenaro Garciacutea (GOWEX CEO)
For me this is something that goes far beyond
Our goal is to reach three hundred cities in less than five years and believe it is a plan that we are doing
We have projects in China and USA and America
ldquoSi ahora mismo tuvieacuteramos que cuantificar cuaacutento dinero te has ahorrado en publicidad gracias a que estaacutes cotizando podriacuteamos estar hablando de varios millones de eurosrdquo When we were not listed
we presented a project in the US and did not even reply to the calls
ldquoWhoever entered a year or two ago I was betting on a future idea for a project that was beginning to show its teeth like a child Instead now entering is betting for a college student
We are in an environment to see what opportunities may have and those that interest us can be buying opportunities
These were some of the responses
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
22
GOWEX turns the lsquoRabat Exporsquo into a WiFi City for the summit of local andregional leaders held in Morocco
The Madrilenian Company isthe official supplier of theSmart WiFi connection duringthe four days of UCLG ameeting that brings togetherthe key regional leaders of theworld The 3000representatives who willparticipate in the summit andthe 50000 expected visitors ofthe lsquoRabat Exporsquo will be able touse the GOWEX free WiFi
Rabat 2013
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
GOWEX turns
In a Wi-Fi City
Oct 2013
23
The best comments from our tweeters
tweets
Follow GOWEX last news through our Twitter account
gowex
ldquoWiFi must be like the water of the XXI century free for everyonerdquo
ldquoThe city that never sleeps is also the city now always connectedrdquo
ldquoThere is something of GOWEX and MAB companies I value greatly honesty humility and commitment to societyrdquo
ldquoThe inner satisfaction of being GOWEX shareholder can only be felt by those who are within the companyrdquo
Oct 2013
Oct 2013
18
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
News GOW
Engadget
Oct 2013
19
Telecompaper
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
20
Sunday World
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
21
Invertia interviewJenaro Garciacutea (GOWEX CEO)
For me this is something that goes far beyond
Our goal is to reach three hundred cities in less than five years and believe it is a plan that we are doing
We have projects in China and USA and America
ldquoSi ahora mismo tuvieacuteramos que cuantificar cuaacutento dinero te has ahorrado en publicidad gracias a que estaacutes cotizando podriacuteamos estar hablando de varios millones de eurosrdquo When we were not listed
we presented a project in the US and did not even reply to the calls
ldquoWhoever entered a year or two ago I was betting on a future idea for a project that was beginning to show its teeth like a child Instead now entering is betting for a college student
We are in an environment to see what opportunities may have and those that interest us can be buying opportunities
These were some of the responses
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
22
GOWEX turns the lsquoRabat Exporsquo into a WiFi City for the summit of local andregional leaders held in Morocco
The Madrilenian Company isthe official supplier of theSmart WiFi connection duringthe four days of UCLG ameeting that brings togetherthe key regional leaders of theworld The 3000representatives who willparticipate in the summit andthe 50000 expected visitors ofthe lsquoRabat Exporsquo will be able touse the GOWEX free WiFi
Rabat 2013
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
GOWEX turns
In a Wi-Fi City
Oct 2013
23
The best comments from our tweeters
tweets
Follow GOWEX last news through our Twitter account
gowex
ldquoWiFi must be like the water of the XXI century free for everyonerdquo
ldquoThe city that never sleeps is also the city now always connectedrdquo
ldquoThere is something of GOWEX and MAB companies I value greatly honesty humility and commitment to societyrdquo
ldquoThe inner satisfaction of being GOWEX shareholder can only be felt by those who are within the companyrdquo
Oct 2013
Oct 2013
19
Telecompaper
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
20
Sunday World
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
21
Invertia interviewJenaro Garciacutea (GOWEX CEO)
For me this is something that goes far beyond
Our goal is to reach three hundred cities in less than five years and believe it is a plan that we are doing
We have projects in China and USA and America
ldquoSi ahora mismo tuvieacuteramos que cuantificar cuaacutento dinero te has ahorrado en publicidad gracias a que estaacutes cotizando podriacuteamos estar hablando de varios millones de eurosrdquo When we were not listed
we presented a project in the US and did not even reply to the calls
ldquoWhoever entered a year or two ago I was betting on a future idea for a project that was beginning to show its teeth like a child Instead now entering is betting for a college student
We are in an environment to see what opportunities may have and those that interest us can be buying opportunities
These were some of the responses
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
22
GOWEX turns the lsquoRabat Exporsquo into a WiFi City for the summit of local andregional leaders held in Morocco
The Madrilenian Company isthe official supplier of theSmart WiFi connection duringthe four days of UCLG ameeting that brings togetherthe key regional leaders of theworld The 3000representatives who willparticipate in the summit andthe 50000 expected visitors ofthe lsquoRabat Exporsquo will be able touse the GOWEX free WiFi
Rabat 2013
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
GOWEX turns
In a Wi-Fi City
Oct 2013
23
The best comments from our tweeters
tweets
Follow GOWEX last news through our Twitter account
gowex
ldquoWiFi must be like the water of the XXI century free for everyonerdquo
ldquoThe city that never sleeps is also the city now always connectedrdquo
ldquoThere is something of GOWEX and MAB companies I value greatly honesty humility and commitment to societyrdquo
ldquoThe inner satisfaction of being GOWEX shareholder can only be felt by those who are within the companyrdquo
Oct 2013
Oct 2013
20
Sunday World
News GOW
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
21
Invertia interviewJenaro Garciacutea (GOWEX CEO)
For me this is something that goes far beyond
Our goal is to reach three hundred cities in less than five years and believe it is a plan that we are doing
We have projects in China and USA and America
ldquoSi ahora mismo tuvieacuteramos que cuantificar cuaacutento dinero te has ahorrado en publicidad gracias a que estaacutes cotizando podriacuteamos estar hablando de varios millones de eurosrdquo When we were not listed
we presented a project in the US and did not even reply to the calls
ldquoWhoever entered a year or two ago I was betting on a future idea for a project that was beginning to show its teeth like a child Instead now entering is betting for a college student
We are in an environment to see what opportunities may have and those that interest us can be buying opportunities
These were some of the responses
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
22
GOWEX turns the lsquoRabat Exporsquo into a WiFi City for the summit of local andregional leaders held in Morocco
The Madrilenian Company isthe official supplier of theSmart WiFi connection duringthe four days of UCLG ameeting that brings togetherthe key regional leaders of theworld The 3000representatives who willparticipate in the summit andthe 50000 expected visitors ofthe lsquoRabat Exporsquo will be able touse the GOWEX free WiFi
Rabat 2013
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
GOWEX turns
In a Wi-Fi City
Oct 2013
23
The best comments from our tweeters
tweets
Follow GOWEX last news through our Twitter account
gowex
ldquoWiFi must be like the water of the XXI century free for everyonerdquo
ldquoThe city that never sleeps is also the city now always connectedrdquo
ldquoThere is something of GOWEX and MAB companies I value greatly honesty humility and commitment to societyrdquo
ldquoThe inner satisfaction of being GOWEX shareholder can only be felt by those who are within the companyrdquo
Oct 2013
Oct 2013
21
Invertia interviewJenaro Garciacutea (GOWEX CEO)
For me this is something that goes far beyond
Our goal is to reach three hundred cities in less than five years and believe it is a plan that we are doing
We have projects in China and USA and America
ldquoSi ahora mismo tuvieacuteramos que cuantificar cuaacutento dinero te has ahorrado en publicidad gracias a que estaacutes cotizando podriacuteamos estar hablando de varios millones de eurosrdquo When we were not listed
we presented a project in the US and did not even reply to the calls
ldquoWhoever entered a year or two ago I was betting on a future idea for a project that was beginning to show its teeth like a child Instead now entering is betting for a college student
We are in an environment to see what opportunities may have and those that interest us can be buying opportunities
These were some of the responses
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
Oct 2013
22
GOWEX turns the lsquoRabat Exporsquo into a WiFi City for the summit of local andregional leaders held in Morocco
The Madrilenian Company isthe official supplier of theSmart WiFi connection duringthe four days of UCLG ameeting that brings togetherthe key regional leaders of theworld The 3000representatives who willparticipate in the summit andthe 50000 expected visitors ofthe lsquoRabat Exporsquo will be able touse the GOWEX free WiFi
Rabat 2013
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
GOWEX turns
In a Wi-Fi City
Oct 2013
23
The best comments from our tweeters
tweets
Follow GOWEX last news through our Twitter account
gowex
ldquoWiFi must be like the water of the XXI century free for everyonerdquo
ldquoThe city that never sleeps is also the city now always connectedrdquo
ldquoThere is something of GOWEX and MAB companies I value greatly honesty humility and commitment to societyrdquo
ldquoThe inner satisfaction of being GOWEX shareholder can only be felt by those who are within the companyrdquo
Oct 2013
Oct 2013
22
GOWEX turns the lsquoRabat Exporsquo into a WiFi City for the summit of local andregional leaders held in Morocco
The Madrilenian Company isthe official supplier of theSmart WiFi connection duringthe four days of UCLG ameeting that brings togetherthe key regional leaders of theworld The 3000representatives who willparticipate in the summit andthe 50000 expected visitors ofthe lsquoRabat Exporsquo will be able touse the GOWEX free WiFi
Rabat 2013
To access news about GOWEX can visit httpwwwgowexcomenpress-roomgowex-in-media
GOWEX turns
In a Wi-Fi City
Oct 2013
23
The best comments from our tweeters
tweets
Follow GOWEX last news through our Twitter account
gowex
ldquoWiFi must be like the water of the XXI century free for everyonerdquo
ldquoThe city that never sleeps is also the city now always connectedrdquo
ldquoThere is something of GOWEX and MAB companies I value greatly honesty humility and commitment to societyrdquo
ldquoThe inner satisfaction of being GOWEX shareholder can only be felt by those who are within the companyrdquo
Oct 2013
Oct 2013
23
The best comments from our tweeters
tweets
Follow GOWEX last news through our Twitter account
gowex
ldquoWiFi must be like the water of the XXI century free for everyonerdquo
ldquoThe city that never sleeps is also the city now always connectedrdquo
ldquoThere is something of GOWEX and MAB companies I value greatly honesty humility and commitment to societyrdquo
ldquoThe inner satisfaction of being GOWEX shareholder can only be felt by those who are within the companyrdquo
Oct 2013
Oct 2013