ComTel SpA — Regulatory Filings 2016

Dec 27, 2016

Favorable results impact for Comptel due Indian tax authorities have refunded withholding taxes

Favorable results impact for Comptel due Indian tax authorities have refunded withholding taxes

Comptel Corporation STOCK EXCHANGE RELEASE 27 December 2016, 1.15 PM EET

Comptel has received withholding tax refunds regarding the years 2007-2011.
Comptel has previously made stock exchange releases about favorable court
decisions regarding these refunded withholding taxes. The received amount of
tax refunds and interest is about 3.7M EUR.

Comptel will record these refunds as well as other withholding tax receivables
based on the previous favorable court decisions in the year 2016 financial
reports. Comptel has still about 0.9M EUR open receivables related to Indian
withholding taxes after the refunds.

For further information, please contact:

Juhani Hintikka, President and CEO, tel. +358 9 7001131

Distribution:

NASDAQ Helsinki

Major media

www.comptel.com

About Comptel Corporation

Life is digital moments. Comptel perfects these by transforming how you serve,
meet and respond to the needs of "Generation Cloud" customers.

Our solutions allow you to innovate rich communications services instantly,
master the orchestration of service and order flows, capture data-in-motion and
refine your decision-making. We apply intelligence to reduce friction in your
business.

Comptel has enabled the delivery of digital and communications services to more
than 2 billion people. Every day, we care for more than 20% of all mobile usage
data. Nearly 300 service providers across 90 countries have trusted us to
perfect customers' digital moments.

For more information, visit www.comptel.com.