Storm Telecommunications

Provides high quality, low cost telecommunications services to corporate firms.

Storm Telecommunications Limited, wholly owned and group operating company of Storm Investments Limited, is the first OSP (optical-switched service provider). Storm provides voice, bandwidth and IP services and had revenues of 52 million pounds sterling in 2000. Storm's intelligent mesh network is operational in the UK, France, Germany, Norway, Sweden, Denmark and The Netherlands, shortly reaching the USA, Austria and Switzerland. In February 2000, Storm's management completed an MBO backed by investment affiliates of Soros Private Equity Partners, and further backing by investment affiliates of Merrill Lynch Ventures came in May 2000. Storm's intelligent optical network is in prime position to meet the e-business challenges of 2001 and beyond.