Call-Net Enterprises Inc. Receives Ontario Superior Court Approval of plan of arrangement with Rogers Communications Inc.

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Call Net Enterpris B (MM)	NASDAQ:CNEZF	NASDAQ	Ordinary Share

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Call-Net Enterprises Inc. Receives Ontario Superior Court Approval of plan of arrangement with Rogers Communications Inc.

30/06/2005 4:55pm

PR Newswire (US)

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Call-Net Enterprises Inc. Receives Ontario Superior Court Approval of plan of arrangement with Rogers Communications Inc. Plan of arrangement is expected to become effective tomorrow TORONTO, June 30 /PRNewswire-FirstCall/ -- Call-Net Enterprises Inc. today received the final order from the Ontario Superior Court of Justice relating to the plan of arrangement through which Rogers Communication Inc. will acquire all of the outstanding common shares and class B non voting shares of Call-Net in a share for share transaction. The arrangement is expected to become effective on July 1, 2005. About Call-Net Enterprises Inc. Call-Net Enterprises Inc. (TSX: FON, FON.NV.B), primarily through its wholly owned subsidiary Sprint Canada Inc., is a leading Canadian integrated communications solutions provider of home phone, wireless, long distance and IP services to households, and local, long distance, toll free, enhanced voice, data and IP services to businesses across Canada. Call-Net, headquartered in Toronto, owns and operates an extensive national fibre network, has over 151 co-locations in five major urban areas including 33 municipalities and maintains network facilities in the U.S. and the U.K. For more information visit http://www.callnet.ca/ and http://www.sprint.ca/. Note for Investors: This news release may include statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, we claim the protection of the safe harbour for forward-looking statements provisions contained in the Private Securities Litigation Reform Act of 1995. The Company cautions that actual performance will be affected by a number of factors, many of which are beyond its control. Future events and results may vary substantially from what the company currently foresees. Discussion of the various factors that may affect future results is contained in the Company's recent filings with the Securities and Exchange Commission, the Ontario Securities Commission and SEDAR. DATASOURCE: Call-Net Enterprises Inc. CONTACT: Karen O'Leary, Corporate Communications, (416) 718-6445,

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CNEZF Call Net Enterpris B (MM)