| 1999 Annual Report
1999 Overview
PalTel Moves Towards Being a Telecommunications Company Rather
Than a Telephony Company
PalTel's existence is centered on providing exceptional services according to a growth-oriented strategic plan focused on customer needs. Since the outset of its operation on January 1, 1997, it has unwaveringly focused on providing the best services while, embarking on an aggressive program to connect all areas via state-of-the-art telecom technologies, extending far beyond the traditional telephone service.
The company, which recently celebrated its 3rd anniversary, is dedicated to meeting the changing needs of its customers.
Each phase of growth brings quality communications to each sector of our market. Each advance sends our roots deeper, building in-depth service, providing new technology to serve customers and generating even greater value for shareholders. This perennial pursuit will continue until we accomplish our overall mission: Telecommunications for all.
In 1999 we met our goals, providing a plentiful range of telecom services to all localities, including rural areas. Almost all of which - 346 villages - were put in service by the end of 1999. In 2000 work continues to proceed as planned, and
all areas without exception are expected to be connected to telephony services by mid 2000.
PalTel is focusing on supplying its customers with a broad range of telecommunications tools and is not restricted to offering telephony services only. As a follow-up to the previously introduced data communications service, a multi-services data network will be ready by mid 2000.
Naturally, PalTel will offer Internet access to Internet Service Providers, while cellular phone services are widely available through the popular Jawwal service.
Digital leased circuit installations reached about 325 by the end of 1999. These circuits are specially designed to serve multiple economic institutions for inter-branch and private network communications, and to anticipate requirements for the palestinian information transmission project. Constructed switches reached 92 by the end of December 1999, providing an operating capacity of 374,000 lines that is
expected to rise to 466,000 lines by mid 2000. By the end of 1999, the number of installed telephone lines reached 222,198.
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