| Third Quarter Letter to Shareholders by XFONE CEO | | Posted Tuesday, November 28, 2006 1:54:14 AM by blog57 | | Dear Shareholders, Partners and Friends:
I am pleased to write you with the news that XFONE has recently reported record breaking third quarter results with revenue growth vs. Q3 of 2005 of 60% to $9.6 million. The growth was throughout our entire organization with all three of our major geographic regions showing increased revenue. Furthermore, approximately 40% of our sequential growth vs. the second quarter was organic reflecting our improved product offerings and services.
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