FLAG Telecom Group Limited announced that it will enhance its European network through an agreement with Verizon Global Solutions. This agreement is a key element in FLAG's global network plan, as it will improve FLAG's ability to meet customer's growing connectivity needs between Europe, the USA and Asia. FLAG will also be opening new Points-Of-Presence ("POPs") in Amsterdam and Frankfurt which will support FLAG's full range of bandwidth and IP services and will provide seamless connectivity to FLAG Telecom's submarine cable systems: FLAG Atlantic-1 (FA1), FLAG Europe Asia (FEA) and FLAG North Asia Loop (FNAL), thereby increasing FLAG Telecom's global reach. Supplementing its existing POPs in London and Paris will enable FLAG to offer direct connectivity into and out of Europe's four largest international traffic hubs. The network is expected to be fully in service at the beginning of Q1 2004 with Verizon providing capacity, project management services and the provisioning of SDH equipment.