VTEL Holdings Ltd. is a leading multinational corporation that is rapidly developing into a large and diversified player in the telecommunications industry offering fixed lines, mobile and data services. The Dubai-based company operates in high growth markets in the MENA region, Africa, Commonwealth of Independent States (CIS), Latin and Central America, and the Caribbean. Since its inception, VTEL has developed a reputation for identifying, investing in and building the best in class Information and Communications Technology (ICT) ventures, with partners whose ideas and value systems are consistent with those of VTEL's founders. VTEL's growth is based on developing strong alliances with entrepreneurs who have unique ideas and strong management teams, which will allow the company to achieve its strategic goal of ensuring successful business ventures and aggressively pursuing the expansion of its geographical horizons. In 2006, VTEL was incorporated at the Dubai International Financial Centre (DIFC), which attracts only the highest caliber firms from the region and around the globe.