Vodafone and Dexcom sign MVNO Agreement

Dexcom first MVNO on Vodafone Netherlands network

Maastricht, 22 February 2007 - Vodafone Netherlands and Dexcom Telecom Services B.V have signed a 5-year MVNO Agreement. Dexcom Telecom will enter the Dutch market as a Mobile Virtual Network Operator (MVNO) using the Vodafone network. Dexcom is expected to launch in Q2 2007 under its own brand which will be disclosed nearer to the launch date.

Guy Laurence, CEO Vodafone Netherlands, comments: "Today, we have announced that we want to build a sustainable position in the MVNO market by offering a true partnership model. We are very pleased with Dexcom as our first MVNO partner, Dexcom being the largest retailer of personal electronics in the Netherlands and the largest telecom retailer in The Netherlands. We are confident that their future products and services as an MVNO will add value to Dexcom customers."Dexcom Holdings B.V., owner of Dexcom Telecom Services, also owns leading telecommunications and personal electronics retail stores like t for telecom, Dixons and Dynabyte. Dexcom operates 370 stores in the Netherlands and holds a strong position in online retail. Henk Kamsteeg, Director of Dexcom Holdings comments: "The partnership model and the high quality of the Vodafone network were crucial elements for Dexcom to choose for Vodafone. We are very pleased with Vodafone as a hosting partner for our MVNO activities."

About Vodafone Libertel N.V.
Vodafone is one of the largest mobile telecommunications companies in the Netherlands and is part of the worldwide Vodafone Group, the world's leading telecommunications company for mobile telephony with 200 million proportionate customers on five continents. The Vodafone Group has holdings in the share capital of mobile operators in 25 countries and collaborative arrangements with partner networks in 36 countries.

About Dexcom Holdings
Dexcom is a major player in the Netherlands in the field of personal electronics, gaming, telecom, multi media, content and services. Dexcom owns the retail chains Dixons, Dynabyte and t for telecom and holds a strong position in online retail. Through Harmony Financial Services the company is also active in the field of extended warranty and insurance services.

Source: Vodafone Netherlands