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Cable & Wireless Selects WilTel to Provide U.S. Network Solution

Posted on: Wednesday, 2 June 2004, 06:00 CDT

TULSA, Okla., June 2 /PRNewswire/ -- WilTel Communications today announced it is providing Cable & Wireless, a leading international communications company with customers in 80 countries, a domestic transport solution, enabling Cable & Wireless to continue providing its customers with a seamless network in the United States. The transport solution, based on multiple 10 and 2.5-gigabit Optical Waves over WilTel's award-winning fiber-optic network, connects major markets within the United States to Cable & Wireless' global backbone. With its unmatched service-delivery capabilities, WilTel delivered the Waves in 30 days, a crucial element of Cable & Wireless' requirements. The completed network solution carries more than 50 percent of Cable & Wireless' traffic within the United States.

"This is an ideal example of the advanced network solutions WilTel can create for our customers -- those that require the international connectivity, breadth of services and industry-leading service delivery," said Jeff Storey, president and chief executive officer of WilTel. "It's more than just providing a given service -- WilTel creates flexible, scalable solutions tailored to our customers' requirements and designed to make them successful."

WilTel Communications delivers advanced data, video, IP and professional services and solutions for some of the world's largest telecommunications carriers, Internet service providers, corporations, global media and entertainment companies. The company continues to lead the industry in customer service and operational excellence, as demonstrated by the 2004 Atlantic-ACM Wholesale Carrier Report Card -- WilTel placed first in five categories and was the top overall carrier for the third consecutive year. For more information on WilTel, visit http://www.wiltel.com/ .

About WilTel Communications

WilTel Communications Group Inc., through its operating subsidiary, WilTel Communications LLC, provides advanced data, IP, voice and video solutions to a growing carrier-class customer base with complex communications needs. Such customers include leading global telecommunications, media and entertainment companies -- companies where innovative network solutions enhance or enable the products and services they deliver. WilTel's advanced network infrastructure reaches border-to-border and coast-to-coast with international connectivity to accommodate global traffic. WilTel Communications Group, Inc. is a wholly owned subsidiary of Leucadia National Corporation. For more detailed information, visit http://www.wiltel.com/ .

About Cable & Wireless

Cable & Wireless is one of the world's leading international communications companies. It provides voice, data and IP (Internet Protocol) services to business and residential customers, as well as services to other telecoms carriers, mobile operators and providers of content, applications and internet services.

Cable & Wireless' principal operations are in the United Kingdom, continental Europe, the US, Japan, the Caribbean, Panama, the Middle East and Macau.

For more information about Cable & Wireless, go to http://www.cw.com/ .

This press release may contain "forward-looking statements." Although WilTel believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. WilTel assumes no obligation to update those statements to reflect actual results, changes in assumptions and other factors. The forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those projected. Additional information that could lead to material changes in performance is contained in filings with the Securities and Exchange Commission made by Leucadia.

Contact: Jeff Pounds Cheena Pazzo

(Media and Industry Analysts) (Media)

(918) 547-8920 (918) 547-4387

jeff.pounds@wiltel.com cheena.pazzo@wiltel.com

WilTel Communications Group Inc.

CONTACT: media and industry analysts, Jeff Pounds, +1-918-547-8920, orjeff.pounds@wiltel.com , or media, Cheena Pazzo, +1-918-547-4387, orcheena.pazzo@wiltel.com , both of WilTel Communications Group Inc.

Web site: http://www.wiltel.com/http://www.cw.com/

Company News On-Call: http://www.prnewswire.com/comp/875550.html

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