The Telecom Connection

Robert Faulkner, writer of The Telecom Connection, is a regular contributor to RealMoney, the premium subscription site of TheStreet.com. TheStreet.com, Inc. is a publisher and has registered as an investment adviser with the U.S. Securities and Exchange Commission. The Telecom Connection contains Mr. Faulkner's own opinions and is provided for informational purposes only. You should not rely solely upon The Telecom Connection for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional, before you make any investment. None of the information contained in The Telecom Connection constitutes, or is intended to constitute a recommendation by Mr. Faulkner or TheStreet.com, Inc. of any particular security or trading strategy or a determination by Mr. Faulkner or TheStreet.com, Inc. that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.

At the time of publication, Mr. Faulkner will be restricted in transacting for his own benefit in securities discussed in The Telecom Connection. Specifically, for securities mentioned in The Telecom Connection that Mr. Faulkner does not hold at the time of publication, he may enter orders to purchase such securities only after the hour of 10:30 a.m. ET on the trading day following the date on which the security is discussed in The Telecom Connection.

For securities that Mr. Faulkner holds at the time of publication of an issue of The Telecom Connection, Mr. Faulkner will not be permitted to sell the position until one month from the date the security was first recommended for purchase in The Telecom Connection.

For securities that Mr. Faulkner has held for at least one month following the date the security was first recommended for purchase, and which Mr. Faulkner now recommends for sale, he may enter orders to sell such securities only after the hour of 10:30 a.m. ET on the trading day following the date on which the security is recommended for sale in The Telecom Connection.

If you enter orders to buy or sell securities after 10:30 a.m. ET, it is possible that Mr. Faulkner may have purchased or sold such securities at a price more advantageous than the price you will obtain.