SOURCE: Golden Telecom

October 31, 2007 14:45 ET

Boingo Roams With Golden Telecom for Comprehensive WiFi Coverage in Moscow

Golden Telecom's Metropolitan WiFi Network Covers Moscow and Leverages More Than 7,500 Access Points; Deal Marks Boingo's Debut in Russia

LOS ANGELES, CA and MOSCOW--(Marketwire - October 31, 2007) - Boingo Wireless Inc., the world's leading wholesale network aggregator and operator of neutral-host WiFi networks, today announces the signing of a roaming agreement with Golden Telecom (NASDAQ: GLDN) -- the leading provider of integrated communication and Internet services in Russia and the Commonwealth of Independent States (CIS). Recently, the Golden WiFi network in Moscow, officially recognized as the world largest metropolitan WiFi network, has been added to the Boingo® Roaming System.

The addition of Golden Telecom's WiFi network marks Boingo's first expansion into Russia. The metropolitan WiFi network gives Boingo blanket coverage of Moscow through more than 7,500 WiFi access points integrated into a single network.

The agreement between Golden Telecom and Boingo means that now Boingo's users have access to the world's top three metropolitan networks including Qware System's Taiwan network, The Cloud's network throughout London and now Golden WiFi in Moscow.

"Golden Telecom's advanced network is a great addition to our European network expansion and introduces our roaming system into Russia," said Luis Serrano, Boingo Vice-President Network Strategy. "With the world's top-three largest metropolitan WiFi networks in our roaming system, Boingo is a great choice -- now, more than ever -- for the business traveler who needs to be online and productive wherever they go."

"We've chosen Boingo as our first roaming partner to open the Golden WiFi network to more international travelers," said Dmitry Bragin, Golden Telecom Vice-President of Consumer Market Solutions Business Unit. "Our Golden WiFi wireless internet access service is a critical element of the company's strategy and our future success. We are glad to work with Boingo to attract new clients and to move our network to the next phase of development through signing of further roaming agreements."

Boingo -- The Best Network For Business Travelers

Boingo gives business travelers the best choice of WiFi hotspots by combining tens of thousands of locations from more than 150 leading WiFi operators into one worldwide network. Boingo users can connect to any of these locations with a single Boingo account using Boingo's free WiFi client software, which combines more than 660 network names into one "Boingo Wireless"® network and stores the user name and password to simplify identifying and connecting to commercial WiFi networks.

The program provides partners with access to this network, customized client software, and a full suite of back-office billing, roaming, mediation and clearinghouse services to allow them to offer their own WiFi service quickly and cost effectively. To date, the company has announced Platform Services partnerships with BT Infonet, EarthLink, Fiberlink, Verizon Business and Skype.

About Boingo Wireless

Boingo Wireless, Inc. provides global WiFi Internet access through the Boingo® Roaming System, which comprises tens of thousands of hotspots in airports, hotels, cafes and other public places, including metropolitan hot zones. Business travelers can use a single Boingo account to log in at WiFi networks around the world using one username and password. Boingo Roaming System services can also be private labeled by telcos, wireless operators, Internet service providers (ISP) and managed service providers (MSP) as part of their own branded services for laptops, handsets and mobile devices. Through its Concourse Communications Group LLC subsidiary, Boingo operates neutral host wireless access systems that provide wireless voice and data services supporting public and commercial interests. More information about Boingo and Concourse is available at http://www.boingo.com and http://www.concoursecommunications.com.

Boingo, Boingo Wireless, and the Boingo Wireless Logo are registered trademarks of Boingo Wireless, Inc.

About Golden Telecom (www.goldentelecom.com):

Golden Telecom, Inc. (NASDAQ: GLDN) is a leading facilities-based provider of integrated telecommunications and Internet services in major population centers throughout Russia and other countries of the Commonwealth of Independent States ("CIS"). The Company offers voice, data and Internet services to corporations, operators and consumers using its metropolitan overlay network in major cities including Moscow, Kiev, St. Petersburg, Nizhny Novgorod, Samara, Kaliningrad, Krasnoyarsk, Almaty, and Tashkent, and via intercity fiber optic and satellite-based networks, including approximately 293 combined access points in Russia and other countries of the CIS. The Company offers mobile services in Kiev and Odessa.

Statements contained herein are forward-looking and are made in compliance with safe harbor provisions of the Securities Litigation Reform Act of 1995. Such statements include those concerning the launch of the new joint service together with Boingo, operational issues related to this launch and the importance of WiFi to our strategy and future success. The results or events predicted in these statements may differ materially from actual results or events. Such risks and uncertainties include, without limitation, the possibility that we are not able to launch Golden WiFi roaming in the manner we expect with Boingo or that WiFi is not a critical element in our strategy and future success. Additional information concerning factors that could cause results to differ materially from those in the forward looking statements is contained in the Company's filings with the U.S. Securities and Exchange Commission, including the Company's quarterly reports on Form 10-Q, periodic reports on Form 8-K filed in 2007, and the Company's annual report on Form 10-K for the year ended December 31, 2006.

Contact Information

  • For additional information please contact:
    Public Relations:
    Anastasia Borzova
    Email: Email Contact
    Tel.: +7 (495) 797-9300;
    Fax: +7 (495) 797-9332
    Investor Relations:
    Alexey Subbotin
    Email: Email Contact
    Tel.: +7 (495) 797-9300;
    Fax: +7 (495) 797-9331
    www.goldentelecom.com

    Christian Gunning
    310-586-4009
    Email Contact