Telecom Networks is located in downtown Montevideo, the capital of Uruguay, and situated 30 minutes from the international airport Carrasco.

Uruguay is recognized as a strategic gateway for international companies conducting business in the Latin American region. In today's global community, international companies appreciate the value of political and social stability coupled with a sound legal and banking system in their host countries. For these reasons, the geopolitical importance of Uruguay has become a significant factor for companies selecting Uruguay as the regional center of their business operations.

Few Latin American countries can boast the stability and safety that Uruguay enjoys. Due to its long history of political and social stability, Montevideo has earned the title as the second "best city in South America in providing quality of life." (Source: ECLAC, i.e. CEPAL, 2002).

Other key strategic advantages offered by Uruguay:

• Strategic location for distribution of goods to key consumer points in the Southern Cone
• Centralized routes and well-built infrastructure from Montevideo to Brazil, Argentina, Paraguay and Chile
• One of the most well-educated labor force in Latin America (97% literacy rate)
• Large bilingual population with a secondary language in English or Portuguese
• One of the few countries in the world with a 100% digital telephone network
• 100% repatriation of capital and profits
• No restrictions on foreign trade operations
• Ranked second in Latin America in Transparency for foreign investors
• Uruguay is the leading exporter of software and IT services to Latin American countries
• No income tax
• Montevideo is considered the safest city among 30 cities throughout the world (Kroll & Associates, 1999)
• Uruguay is ranked sixth in the world in Environmental Health
• No racial or religious conflicts
• Free from natural disasters and epidemics