Paragraph 3

In the licence entitled “LICENCE GRANTED UNDER SECTION 7 OF THE TELECOMMUNICATIONS ACT 1984 TO SATELLITE FINANCIAL SERVICES LIMITED TO RUN TELECOMMUNICATION SYSTEMS FOR THE PROVISION OF SATELLITE TELECOMMUNICATION SERVICES” granted on 30th September 1993, there shall be substituted for paragraph 3(b) of the Service Authorisation in Schedule 3 to such licence the following sub-paragraph—

“Messages which have been or are to be conveyed also by both of:

(i)

a Public Switched Network in the United Kingdom; and

(ii)

the equivalent of a Public Switched Network in another country or territory outside the United Kingdom;

provided that, in relation to services provided between a network termination point in the United Kingdom and a network termination point in another member State of the European Community or an EEA State, this sub-paragraph shall have effect as if it provided as follows:

“Messages which consist in public voice telephony and which have been or are to be conveyed also by both of:

(i)

a Public Switched Network in the United Kingdom; and

(ii)

the equivalent of a Public Switched Network in another member State of the European Community or EEA State,”and in this sub-paragraph—

(aa)

“public voice telephony” means the commercial provision for the public of the direct transport and switching of speech in real-time between public switched network (or the equivalent in such other State) termination points, enabling any user to use equipment connected to such a network termination point in order to communicate with any other network termination point; and

(bb)

“EEA State” means a State, not being a member State of the European Community, which is a Contracting Party to the European Economic Area Agreement.”.