ÿþ<html> <head> <meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1"> <meta name="Author" content="shiro"> <title>P a r a d i g m V e n t u r e s - Regulatory</title> <Script language="JavaScript"> function JSClock() { var time = new Date(); var month = time.getMonth(); var date = time.getDate(); var year = time.getYear(); var hour = time.getHours(); var minute = time.getMinutes(); var second = time.getSeconds(); var temp = "" + ((hour > 12) ? hour - 12 : hour); temp += ((minute < 10) ? ":0" : ":") + minute; temp += ((second < 10) ? ":0" : ":") + second; temp += (hour >= 12) ? " P.M." : " A.M."; var temp2 = "" + (month + 1); temp2 += date; temp2 += year; var test = time.toString().substr(0,10) + ", " + year + " "; return test; } </Script> <STYLE TYPE='TEXT/CSS'> <!-- A:hover {color:#6600FF;} BODY { margin-top: -0pt; margin-left: -0pt; background-color: #ffffff; background-repeat: no-repeat; } /* Font Definitions */ @font-face {font-family:Verdana; panose-1:2 11 6 4 3 5 4 4 2 4; mso-font-charset:0; mso-generic-font-family:swiss; mso-font-pitch:variable; mso-font-signature:647 0 0 0 159 0;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:"Times New Roman"; mso-fareast-font-family:"MS Mincho"; mso-fareast-language:JA;} h4 {margin-right:0in; mso-margin-top-alt:auto; mso-margin-bottom-alt:auto; margin-left:0in; mso-pagination:widow-orphan; mso-outline-level:4; font-size:12.0pt; font-family:"Times New Roman"; mso-fareast-font-family:"MS Mincho"; font-weight:bold;} a:link, span.MsoHyperlink {color:black; text-decoration:underline; text-underline:single;} a:visited, span.MsoHyperlinkFollowed {color:purple; text-decoration:underline; text-underline:single;} p {margin-right:0in; mso-margin-top-alt:auto; mso-margin-bottom-alt:auto; margin-left:0in; mso-pagination:widow-orphan; font-size:12.0pt; font-family:"Times New Roman"; mso-fareast-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.25in 1.0in 1.25in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </STYLE> <script language="javascript"> <!-- var br=navigator.appName; var v=parseInt(navigator.appVersion); if ((br=="Netscape" && v>=3) || (br=="Microsoft Internet Explorer" && v>=4)){ var news_in=new Image(520,20); news_in.src="images/news_on.gif"; var news_out=new Image(520,20); news_out.src="images/news.gif"; var home_in=new Image(68,15); home_in.src="images/menu_home_on.gif"; var home_out=new Image(68,15); home_out.src="images/menu_home.gif"; var mane_in=new Image(86,15); mane_in.src="images/menu_mane_on.gif"; var mane_out=new Image(86,15); mane_out.src="images/menu_mane.gif"; var mana_in=new Image(141,15); mana_in.src="images/menu_mana_on.gif"; var mana_out=new Image(141,15); mana_out.src="images/menu_mana.gif"; var pres_in=new Image(114,15); pres_in.src="images/menu_pres_on.gif"; var pres_out=new Image(114,15); pres_out.src="images/menu_pres.gif"; var inv_in=new Image(134,15); inv_in.src="images/menu_inv_on.gif"; var inv_out=new Image(134,15); inv_out.src="images/menu_inv.gif"; var sub1_in=new Image(112,17); sub1_in.src="images/menu_sub_press1_on.gif"; var sub1_out=new Image(112,17); sub1_out.src="images/menu_sub_press1.gif"; var sub2_in=new Image(127,17); sub2_in.src="images/menu_sub_press2_on.gif"; var sub2_out=new Image(127,17); sub2_out.src="images/menu_sub_press2.gif"; var sub3_in=new Image(91,17); sub3_in.src="images/menu_sub_press3_on.gif"; var sub3_out=new Image(91,17); sub3_out.src="images/menu_sub_press3.gif"; } //--> </script> <script language="JavaScript"> <!-- hide this script from non-javascript-enabled browsers function faqDispWin(){ if (document.faq.Select.options[document.faq.Select.selectedIndex].value != "none"){ url = document.faq.Select.options[document.faq.Select.selectedIndex].value NewWindow=window.open( url ,"_NewWindow_","toolbar=0,location=0,status=1,menubar=0,scrollbars=1,resizable=1,width=340,height=200,top=0,left=0")} } function newsDispWin(url,w,h){ NewWindow=window.open( url ,"_NewWindow_","toolbar=0,location=0,status=1,menubar=0,scrollbars=1,resizable=1,width=" + w + ",height=" + h + ",top=0,left=0") } //--> </script> </head> <body bgcolor="#FFFFFF" text="#000000" link="#0000EE" vlink="#551A8B" alink="#FF0000" topmargin="0" leftmargin="0" rightmargin="0" marginwidth="0" marginheight="0"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td bgcolor="#150074"> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tr><td> <img src="images/news_arrow.gif" align="left" hspace="0" width="18" height="16"> <img src="images/dummy.gif" align="left" hspace="0" width="5" height="16"> <a href="javascript:newsDispWin('news/news.html','340','200')" onmouseover='news.src=news_in.src' onmouseout='news.src=news_out.src'><img name="news" src="images/news.gif" align="left" hspace="0" width="520" height="20" border="0"></a> </td><td align="right"> <font color="#FFFFFF" size="1" face="Verdana"> <b>| </b> <Script language="JavaScript"> document.write(JSClock()); </Script> </font> <td align="right"> <img src="images/dummy.gif" width="1" height="1"> </td> </td></tr> </table> </td> </tr> <tr> <td bgcolor="#FFFFFF" height="1"><img src="images/dummy.gif" width="1" height="1"></td> </tr> <tr> <td bgcolor="#00478F"><img src="images/dummy.gif" width="4" height="1"><img src="images/title_press.gif" width="396" height="46"></td> </tr> <tr> <td bgcolor="#FFFFFF" height="1"><img src="images/dummy.gif" width="1" height="1"></td> </tr> <tr> <td bgcolor="#5F97C0"> <a href="index.html" onmouseover='home.src=home_in.src' onmouseout='home.src=home_out.src'><img name="home" src="images/menu_home.gif" width="68" height="15" border="0"></a> <a href="manefesto.html" onmouseover='mane.src=mane_in.src' onmouseout='mane.src=mane_out.src'><img name="mane" src="images/menu_mane.gif" width="86" height="15" border="0"></a> <a href="management.html" onmouseover='mana.src=mana_in.src' onmouseout='mana.src=mana_out.src'><img name="mana" src="images/menu_mana.gif" width="141" height="15" border="0"></a> <img name="pres" src="images/menu_pres_on.gif" width="114" height="15" border="0"> <a href="invest.html" onmouseover='inv.src=inv_in.src' onmouseout='inv.src=inv_out.src'><img name="inv" src="images/menu_inv.gif" width="134" height="15" border="0"></a> </td> </tr> <tr> <td bgcolor="#FFFAEE" height="1"><img src="images/dummy.gif" width="1" height="1"></td> </tr> <tr> <td bgcolor="#909790" height="1"><img src="images/dummy.gif" width="1" height="1"></td> </tr> <tr> <td bgcolor="#ffffff" height="17"><img src="images/menu_sub_press_pad.jpg" width="277" height="17"><img src="images/dummy.gif" width="29" height="17"><a href="press_releases.html" onmouseover='sub1.src=sub1_in.src' onmouseout='sub1.src=sub1_out.src'><img src="images/menu_sub_press1.gif" width="112" height="17" name="sub1" border="0"></a><a href="press_articles.html" onmouseover='sub2.src=sub2_in.src' onmouseout='sub2.src=sub2_out.src'><img src="images/menu_sub_press2.gif" width="127" height="17" name="sub2" border="0"></a><a href="press_regulatory.html"><img src="images/menu_sub_press3_on.gif" width="91" height="17" name="sub3" border="0"></a></td> </tr> <tr> <td bgcolor="#ffffff"> <table border="0" cellpadding="0" cellspacing="0"> <tr><td width="290" valign="top"><img src="images/press3_mast.jpg" width="277" height="224"><br><img src="images/dummy.gif" width="193" height="179" align="left"><img src="images/press3_mast2.gif" width="79" height="179" valign="top"></td> <td width="490" align="left"> <img src="images/dummy.gif" width="1" height="5"><br> <table border="1" noshade bordercolor="#cccccc" cellpadding="5" cellspacing="0" width="100%" align="left" bgcolor="#ffffff"> <tr><td align="left"> <h4><span style='font-family:Arial;mso-bidi-font-family:"Times New Roman"'>ECTA Board furious as the ITU excludes new trade organisation from participating at TELECOM '99 <o:p></o:p></span></h4> <h4 style='line-height:9.0pt;mso-line-height-rule:exactly'><i style='mso-bidi-font-style:normal'><span style='font-size:9.0pt;mso-bidi-font-size: 12.0pt;font-family:Verdana;font-weight:normal'> Sep. 1999 </span></i> </h4> <p><span style='font-size:10.0pt;font-family:Verdana;mso-fareast-font-family:"MS Mincho"'> The European Competitive Telecommunications Association (ECTA) Board Furious as the International Telecommunications Union (ITU) Excludes the New Trade Organisation from Participating at TELECOM  99. <o:p></o:p></span></p> <p><span style='font-size:10.0pt;font-family:Verdana;mso-fareast-font-family:"MS Mincho"'> Often described as the  Olympics of telecommunications, the four-yearly exhibition is one of Europe s largest telecommunications trade events. The ITU shocked ECTA (a trade association representing nearly 240 member companies) by refusing ECTA s participation at Telecom 99 in Geneva. In less than two years, ECTA has become the largest telecommunications carrier association in Europe representing new entrant companies that compete with Europe s former state owned monopolies. <o:p></o:p></span></p> <p><span style='font-size:10.0pt;font-family:Verdana;mso-fareast-font-family:"MS Mincho"'> According to Robert J. Dombkowski, Chairman of the Board for ECTA, "The ITU has recently proclaimed that it is  imperative to adapt (itself) to respond better to the changing nature of the telecommunications environment and particularly, to respond to the challenge posed by the greater dynamism, creativity and competitivity of a number of new partners. Sadly, the ITU s discrimination towards ECTA and our members indicates that the ITU will  respond to the voice of the industry with fruitless denial rather than a supportive embrace." <o:p></o:p></span></p> <p><span style='font-size:10.0pt;font-family:Verdana;mso-fareast-font-family:"MS Mincho"'> Michael Potter, ECTA s Vice Chairman and founder of Esprit Telecom, added: "Everyone knows that the ITU has been controlled for over 130 years by nation states and their monopoly phone companies. By ITU attacking ECTA they are not only attacking European consumers but the 240 new entrant phone companies that have been responsible for the introduction of new services and driving down costs in Europe." <o:p></o:p></span></p> <p><span style='font-size:10.0pt;font-family:Verdana;mso-fareast-font-family:"MS Mincho"'> ECTA alleges that the ITU refusal is unreasoned, discriminatory and inconsistent with the ITU s own statutes ? all issues on which the ITU are remaining steadfastly silent despite numerous requests for an explanation from ECTA and it s lawyers. According to ECTA s Executive Director, Elizabeth Schumacher, ECTA was told in advance by a well placed  third party that their Telecoms  99 application would be refused due to ECTA s position in the market as a strong  competitor to the ITU. Ms. Schumacher noted " the fact that the ITU perceives ECTA as opposition rather than colleagues working together toward a similar goal is quite telling. Perhaps the ITU and it s members do not share the same ideals pertaining to liberalisation of the European market." <o:p></o:p></span></p> <p><span style='font-size:10.0pt;font-family:Verdana;mso-fareast-font-family:"MS Mincho"'> ECTA has made their position quite clear. They will continue to act in the best interest of their members and the competitive telecommunications industry. "ECTA has only just begun" says Dombkowski. "Actions such as the ITU s decision, which reflect a desire to maintain the status quo of days gone by, only serve to reinforce the mission of ECTA and our committed pursuit of a truly competitive telecommunications industry in Europe." <o:p></o:p></span></p> <p><span style='font-size:10.0pt;font-family:Verdana;mso-fareast-font-family:"MS Mincho"'> Additional background information: <br> ECTA (the European Competitive Telecommunications Association) <o:p></o:p></span></p> </td></tr> </table> </td> </tr> </table> <img src="images/dummy.gif" width="1" height="5"> </td> </tr> <tr> <td bgcolor="#e9efe9"><img src="images/sub_p_tag.gif" width="224" height="47" align="right"></td> </tr> <tr> <td bgcolor="#909790" height="1"><img src="images/dummy.gif" width="1" height="1"></td> </tr> <tr> <td bgcolor="#FFFAEE" height="2"><img src="images/dummy.gif" width="2" height="1"></td> </tr> <tr> <td bgcolor="#909790" height="5"><img src="images/dummy.gif" width="1" height="5"></td> </tr> <tr> <td bgcolor="#FFFAEE" height="1"><img src="images/dummy.gif" width="1" height="1"></td> </tr> <tr> <td bgcolor="#00478F"> <img src="images/copyright.gif" align="left" hspace="0" width="314" height="20"> <a name="contact"><img src="images/contact.gif" align="right" hspace="0" width="227" height="20" border="0" usemap="#contact_map"></a></td> </tr> </table> <table border="0" cellpadding="3" cellspacing="3" width="100%"> <tr> <td align="right" width="90%"><img src="images/faq.gif" width="40" height="40"> </td> <td><img src="images/dummy.gif" width="3" height="1" align="left"><br> <form name="faq"> <select name="Select" size="1" style="BACKGROUND-COLOR: #e8dfba; COLOR: #000000; FONT-FAMILY: arial, verdana, helvetica; FONT-SIZE: 10px" onchange="faqDispWin()"> <option selected value="none">What do you want to know?</option> <option value="faq/faq1.html">Does PV have an industry focus?</option> <option value="faq/faq2.html">What is the profile that PV is interested?</option> <option value="faq/faq3.html">What is the average deal size?</option> <option value="faq/faq4.html">Does PV have a regional interest?</option> </select> </p> </form> </td> </tr> </table> <MAP NAME="contact_map"> <AREA SHAPE="RECT" COORDS="76,0,140,20" HREF="mailto:info@paradigmventures.com"> <AREA SHAPE="RECT" COORDS="164,0,218,20" HREF="javascript:newsDispWin('sitemap/sitemap.html','300','420')"> </MAP> </body> </html>