2 re confirmation request of draft agreement details-2
1. From: David Poku poku.david@gmail.com
Subject: Re: CONFIRMATION REQUEST OF DRAFT AGREEMENT DETAILS
Date: March 17, 2012 at 10:34 AM
To: CEMIL YURDAL PARLAR ceo@cypronet.com
Cc: Feras Jowaniyah feras@2telcom.net
Hi Billy ,Feras
Thanks for your email, following our discussions last night,review my answers and lets conclude in the morning.
we look forward to starting the outbound traffic with your team asap
Regards
David
On 17 March 2012 17:01, CEMIL YURDAL PARLAR <ceo@cypronet.com> wrote:
Hello David, Feras
Following up our meeting with David and last night phone conversation with you , please see the below summary agreement details
which we reached as CYPRONETWORK FZE – 2 TELCOM LLC ( IB1 ) consortiums and Broad Spectrum ( IS1 )
- Broad Spectrum agree to allow CYPRONETWORK – 2TELCOM ( IBB ) to interconnect via IP to Vodafone network over
Broad Spectrum ( ISS ) infrastructure to terminate international calls under the following terms / conditions and the rates and
financial model.
IB1 will agree to send traffic to Broad Spectrum with %70 Vodafone traffic total capacity of 6 E1 with rate of $0.155 and cost
of $0.15c and pay to 0.005 to David Poku ( Max Minutes = 1.300.000)
We agreed to the rates and financial model to move the business forward.Once the prepayment is received by Vodafone on our
behalf
IB1 will agree to send traffic to Broad Spectrum with %30 Others network traffic total capacity of 6 E1 with rate of $0.165 and
cost of $0.165 ( Max minutes = 523.700).
IB1 will agree to replenish prepayment when the consumption hits %80 of the total prepayment.
I AGREED TO THIS MODEL
IB1 will do prepayment with Vodafone direct as an Escrow deal and Banks will be the corresponded service partner.
I AGREED TO THE MODEL WHERE VODAFONE RECEIVES THE PREPAYMENT BY THE 21ST march 2012
IS1 will send invoice every 7 days to IB1 and IB1 will send payment in 3 Days if there is no dispute on the service minutes.
i agreed to this model as it makes the deal transparent and all parties comfortable
IS1 will provide marketing material with legal approval from Vodafone to IB1 to able to use for organic traffic service
agreement.
IS1 will renegotiate with Vodafone for Outbound traffic through IB1 for Offset service agreement.
2. Agreed on this model
IS1 will renegotiate with MTN – Airtel and neighbor countries for transit networks direct interconnection to bring more benefit.
will work on the other interconnects once operations begin
IS1 will be responsible of the infrastructure and IB1 will be responsible of all financial , marketing and sales activities.
i agreed on this model
IS1 agreed that IS1 will not do any marketing and sales activities on the mutual agreement concept and will carry current
customer to IB1.
i agreed on this model to limit our exposure
This agreement will be 12 months and will be review again after 9 months.
i agreed to work with this model and with the hope we could also discuss equity partnership after 45 days
IB1 confirm that first prepayment ( last payment of service ) will be finish after the contract finalization on this week late by on
Thursday (22/March/2012 )
COULD WE MAKE THE PREPAYMENT TO VODAFONE BY WED 21ST
Hope my draft details have covered all the agreed points. Please make your comments and revert back. We will use the this details
on the agreement tomorrow.
Cemil Yurdal Parlar
CEO
RAK FREE TRADE ZONE
Business Centre 4
PO BOX:16111
RAK/UAE
TEL: +971 7 204 6664
FAX: +971 7 204 1010
www.cypronet.com