Francois-Charles Sirois appointed CEO of Telesystem

Francois-Charles Sirois appointed CEO of Telesystem

MONTREAL, April 18, 2012 /PRNewswire/ - Charles Sirois, Chairman of the
Board of Telesystem, is pleased to announce the appointment of his son,
François-Charles Sirois, as Chief Executive Officer. François-Charles has served as President
of Telesystem since June 2009.

"François-Charles has played a key role in the investment decisions that
have helped Telesystem build a significant group of innovative and
successful companies," Charles Sirois stated. "I'm confident that his
vision and business acumen will be a major asset to the organization as
well as to the partners and entrepreneurs it works with."

"I thank the Board of Directors for their trust and the Telesystem team
for their support," said François-Charles Sirois. "I'm even more
motivated and determined than ever to create long-term value for the
media and technology businesses that we co-own and to position them at
the top of their industry in Canada and worldwide. In this regard,
Telesystem's core values of respect, integrity and entrepreneurship
will be key to achieving our mission to build innovative businesses
worldwide."

François-Charles will continue to maintain the excellent business
relationships Telesystem has developed over the years with its
partners. Moreover, he will oversee the firm's strategic planning
activities and operations and seek out opportunities for acquisitions
and partnerships, both for Telesystem and for the businesses it co-owns
and teams up with. He currently sits on the boards of Telesystem and of
the Sainte-Justine UHC Foundation and he chairs the boards of the TRIOOMPH Foundation, which he founded.

Over and above the numerous projects and causes close to his heart,
Charles Sirois will continue to chair the boards of Telesystem, CIBC
and Enablis. He will also serve as co-president of Tandem Expansion's investment committee.

Telesystem was founded in 1984 by Charles Sirois and quickly emerged as
the leader in the Canadian wireless market. In the 1990s, Telesystem
began developing international markets through Teleglobe, which it
acquired in 1992, Microcell, which it established the same year, and
TIW, which it co-founded with Ted Rogers in 1994. At the turn of the
millennium, given the consolidated market and scarcity of investment
opportunities, Telesystem sold all of its telecom assets. By
mid-decade, it had chosen to turn its attention toward building
innovative businesses. As a result, it has been a driving force behind
some of the country's most compelling entrepreneurship success stories,
including Stingray Digital, Woozworld and Zone 3. In addition, Telesystem provides support to entrepreneurs and youth
through two foundations it created: Enablis and TRIOOMPH. To find out
more about Telesystem, please visit www.telesystem.ca

SOURCE Telesystem

Image with caption: "François-Charles Sirois, President and Chief Executive Officer of Telesystem with his father, Charles Sirois, Chairman of the Board of Telesystem. (CNW Group/Telesystem)". Image available at: http://photos.newswire.ca/images/download/20120418_C6869_PHOTO_EN_12489.jpg

Telesystem

CONTACT: Nancy Defoy
Senior Director, Communications and Marketing
Telesystem
Tel.: 514 397-8466
ndefoy@telesystem.ca

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