Termination Letter for VoIP Agreement between Pakistan Telecommunications Company Limited and Fusion Telecommunications International, Inc.
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Summary
Pakistan Telecommunications Company Limited (PTCL) formally acknowledges Fusion Telecommunications International, Inc.'s request to terminate their VoIP Agreement. PTCL will settle all outstanding payments and accounts with Fusion Telecom and will confirm the agreement's termination once internal clearances are received. The issue regarding Call Detail Records (CDRs) is being processed and will be resolved soon. PTCL expresses appreciation for the past business relationship and openness to future collaboration.
EX-10.42 10 v038674_ex10-42.htm Unassociated Document
Pak Telecom
Lakhkar Khan
G.M. (Tele-Housing & VoIP)
Pakistan Telecommunications Company Limited
Rizwan Centre, G/Floor, Blue Area, Islamabad
Ph# 92 ###-###-#### Fax # 92 ###-###-####
No. VoIP/Tech/G-4/Fusion/2005
SUBJECT: TERMINATION OF THE VoIP AGREEMENT
Thank you for your letter dated November 15, 2005 requesting for formal termination of the VoIP Agreement concluded between PTCL & M/s Fusion Telecom.
The PTCL International Wing has been requested to settle all out standing Payments/ Accounts with M/s Fusion Telecom & formally close the Agreement. Termination of the VoIP Agreement will be confirmed as soon as clearance is received from concerned PTCL wings.
The CDRs issue raised by M/s Fusion Telecom is in process and will shortly be finalized.
PTCL have enjoyed the business relationship with M/s Fusion Telecom and looks forward to opportunities to work together again in the future.
GM (Tele-Housing & VoIP)
To
Eric D. RAM
Executive Vice President-International
Fusion Telecommunications International, Inc.
420 Lexington Avenue, Suite 518
New York, NY 10170
Copy to:
1. | EVP (I/C) PTCL H/Qs Islamabad (for information). |
2. | General Manager (IR), PTCL H/Qs Islamabad. |
3. | Abdul Hameed Khan C.O.O., Saif Telecom Limited. |
Fax: 2270372