TLU Teleunit

RNS Number:4906D
Teleunit S.p.A
24 May 2006

FOR IMMEDIATE RELEASE                                               24 May 2006

                                  Teleunit SpA
                 Awarded test WiMAX licence for Florence region

Teleunit S.p.A., ("Teleunit" or "the Company"; stock code: TLU), the Italian
telecom services provider, announces that it has been awarded a WiMAX test
licence covering the Florence region in Tuscany, in conjunction with Italtel,
one of the leading companies in the supply of products, solutions and services
for next generation networks over IP, by the Italian Ministry of Communications.

Teleunit will make available its existing wireless local loop (WLL) backbone,
and structure the commercial offering through which the WiMAX and all related
services will be rolled out to end users. Italtel will provide an integrated
WiMAX solution, including its engineering, installation, onsite testing and
technical support services, and additional marketing support to maximise the
WiMAX customer base.

The test licence has been issued free of charge, although any investment
required to ensure the commercial feasibility of WiMAX will be assumed by
Teleunit and Italtel. The test licence has also been issued subject to the
provision of free trial WiMAX services to clients; however, this does not
preclude the possibility of exploiting other associated commercial
opportunities.

Francesco Cimica, Teleunit's Chief Executive Officer, commented:

"This represents an exceptional opportunity for Teleunit to develop a strong
foothold in the WiMAX arena. Our existing WLL infrastructure means that the
WiMAX offering can be rolled out more easily, thereby affording us a competitive
advantage. Initially we will concentrate on technical testing in preparation for
the commercial roll-out of the services."

                                    - Ends -

Notes to Editors

About Teleunit SpA
Based in Perugia in Central Italy, Teleunit is a telecom services provider to
both business and residential customers throughout Italy. The Company has five
operating divisions: premium access numbers, fixed line, mobile content
services, wireless local loop and wholesale services. Teleunit is focused on
profitable growth through provision of excellent customer service, effective
cost control and an aversion to risk. The Company is looking to expand its
operations selectively in Italy and internationally. Teleunit listed on AIM in
May 2004, the first Italian company to complete a primary listing in London. For
more information, please visit the website, http://ir.teleunit.it.

About Italtel SpA
Italtel Group designs, develops and installs solutions for new-generation
integrated multi-service networks (voice/data/video), with cutting-edge products
and a systems integration capacity that offers fixed and mobile
telecommunications operators and Internet Service Providers reliable
infrastructures that are open to networking and flexible in their technological
evolution. Italtel's revenues for 2005 totalled 545.8 million euros; the company
today has around 2,300 employees.

The shareholders of Italtel Group S.p.A., the parent company of Italtel S.p.A.,
are: CDRD Investment (Luxembourg) III S.a r.l., (48.77%), Telecom Italia Finance
S.A. (19.37%), Cisco Systems International B.V. (18.40%), Advent Investment
(Luxembourg) S.a r.l. n. 3 (8.65%), Brera Italtel LLC (2.16%), Cordusio Societa
Fiduciaria per Azioni - which holds in trust the shares of Group employees and
Company directors in addition to its own shares in the Company (2.65%). The
Chief Executive Officer of Italtel is Mauro Righetti. Website: www.italtel.com

For further information, please contact:

Teleunit SpA
Francesco Cimica, Chief Executive Officer                    00 39 075 528 3921

Bankside Consultants
Sue Scott/Daniela Hale                                            020 7367 8888

ENDS


                      This information is provided by RNS
            The company news service from the London Stock Exchange

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