CURITIBA, Brazil, January 15 /PRNewswire/ --

- Revenue in 4Q07 increased by 29%, EBITDA grew by 41%, EBITDA margin reached 40% and Net Income reached R$ 35.1 million

GVT (Holding) S.A. (Bovespa: GVTT3, Reuters: GVTT3.SA and Bloomberg GVTT3: BZ), a leading facilities-based telecommunications and Internet solutions provider in Brazil, announced today results for the quarter ended December 31, 2007: net revenue of R$272 million, growth of 28.6% over the same period of the prior year. For the full year 2007, net revenue grew to R$980.7 million, an increase of 27.6%. In 4Q07, EBITDA grew by 40.8% and 40.1% for the full year 2007, reaching a total of R$108.4 million and R$358.1 million, respectively. Net income for the 4th quarter reached R$ 35.1 million and for the full year 2007, R$ 59.2 million, compared to R$ 6.7 million and a Net loss of R$ 71.8 million, respectively.

"The growth in the 4th Quarter is related to strong growth of net subscribers as well as higher ARPU (Average Revenue per User). This is a result of strong demand for GVT's services across all segments and territories, the growth of bundle sales, as well as the expansion of our network coverage in existing and new cities," stated GVT's CEO, Amos Genish.

"We are pleased with the company's continuous fast growth and margin improvement, especially in the most high-potential and high-growth segment of the market, Next Generation Services (Broadband, high speed data and VoIP), where GVT is a market leader. The company's strong position in this segment, combined with our strong value propositions in the conventional segments, will be an important factor in meeting our revenues and EBITDA growth objectives for 2008," stated GVT Chairman Shaul Shani.

About GVT

GVT is one of the fastest growing facilities-based providers of telecommunications, high-speed broadband, Internet and multimedia services in Brazil. The Company offers a diversified portfolio of innovative products and advanced solutions for conventional and Voice-over-IP ("VoIP") telephony, corporate data, broadband, video and Internet services. Its services and solutions are marketed directly to end-customers under its own brands -- GVT, POP and Vono.

Web site: http://www.gvt.com.br

Olivia Nercessian, +5511-3457-0239, olivia@s2.com.br, or Simoni Souza, +5511-3457-0212, ssouza@s2.com.br, both of S2 Comunicacao Integrada for GVT; or Tatiana Weinheber, GVT Press Relations Manager, +5541-3025-2823, +5511-4062-1104, tatiana.weinheber@gvt.com.br