Telefonica UK Ltd. appoints Andrew Peters as CEO; Former Deutsche Telekom UK Chief to drive Telefonica UK business expansion.

M2 PRESSWIRE-13 January 2004-TELEFONICA: Telefonica UK Ltd. appoints Andrew Peters as CEO; Former Deutsche Telekom UK Chief to drive Telefonica UK business expansion(C)1994-2004 M2 COMMUNICATIONS LTD

RDATE:01132004

London - Telefonica UK Limited has appointed Andrew Peters as chief executive officer. Joining from Deutsche Telekom Limited where he was chief executive officer for three years, Andrew will be responsible for the development and implementation of Telefonica's UK growth strategy.

This appointment is in line with Telefonica UK's mission of becoming the preferred B2B network service provider for UK-based Corporates and independent ISPs.

Commenting on his appointment, Andrew Peters, CEO of Telefonica UK Limited said: "I am delighted to be on board and relish the challenge and opportunity of further developing Telefonica's wholesale ISP and corporate IP VPN businesses in the UK. There is significant market demand for more flexible and focused service offerings and we intend to capitalise on this."

Andrew Peters has been in the telecoms industry for over 12 years. Prior to Deutsche Telekom, he held senior positions in BT and Digital.

About Telefonica UK Limited

Telefonica UK Limited is part of the Telefonica Group, one of the world's largest globally active telecommunication companies. In the UK Telefonica specialises in outsourced and fully managed IP solutions to corporate customers, and wholesale managed narrowband and broadband services to ISPs. The UK network provides national coverage with 28 points of access. This distributed architecture allows for maximum flexibility and a high degree of resilience. The multi-redundant backbone uses best of class technology and is MPLS enabled, supporting a full range of converged IP services. Stability, experience, quality, and above all global presence guarantee our background: Telefonica UK Limited is a subsidiary of Telefonica S.A., which is the second largest, stock exchange listed European provider.

Telefonica S.A. offers a complete range of telecommunications services, including fixed-line telephony, mobile communications, data transfer and value added services, business applications, Internet access and Customer Relationship Management (CRM). Over 80 million customers in more than 50 countries use Telefonica's services. Key markets are Argentina, Brazil, Chile, Columbia, El Salvador, Germany, Guatemala, Italy, Mexico, Morocco, Peru, Puerto Rico, United Kingdom, USA and Venezuela.

CONTACT: Telefonica UK ContactTel: +44 (0)845 450 2540e-mail: corporate-sales@uk.telefonica.comNigel Parker/Beky Hughes/Becky Kiely, StrategicTel: +44 (0)1494 434 434e-mail: rebeccak@strategicpr.net

((M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data prepared by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com)).