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                          MANAGEMENT SERVICE AGREEMENT


This Management Service Agreement is made and entered into by Pick
Communications Corp. of 8401 NW 53rd Terrace, Suite 119, Miami, FL 33166 ("PICK"
and the "Company") and Saicol Limited of Clarendon House, Church Street,
Hamilton, Bermuda ("Saicol").

1.  Scope of Service

    Pick agrees to engage Saicol for the purpose of providing management
    services to Picknet UK Plc, a wholly-owned subsidiary of Pick, to include
    (a) The provision Of services for the letter of intent entered into between
    Atlantic Tele-Network, Inc., ("ATN") and Pick whereby ATN intends to acquire
    the Picknet UK Plc and Picknet, Inc., (b) The provision of office space and
    the maintenance of equipment locations within the United Kingdom, (c)
    Accounting maintenance and storage, (d) Licensing and U.K. government filing
    requirements under OFTEL, Companies House, VAT, Inland Revenue and the
    Department of Trade and Industry, (e) Supervision of U.K. accountancy and
    law-firms, (f) Negotiation and management of agreements for the provision of
    fibre and satellite unlinking stations.

(2) Term of Agreement

    This agreement will be retroactive to 30 June 1999 and continue in effect
    until (he finalization of the sale of the Picknet Companies and all of its
    antecedent work.

(3) Compensation and Expenses

    Pick agrees to pay Saicol, as compensation under this Agreement in U.S.
    Dollars by wire transfer to an account to be nominated by Saicol monthly in
    arrears and no later then the 15th of the following month of service.

    (a) Compensation Schedule:    US $15,000 per month.

    (b) Expenses:
        o  Travel in England and miscellaneous
        o  Travel outside of England

(4) Obligations Surviving Agreement Termination

    Saicol will be entitled to the compensation set forth in Section 3 upon the
    termination of this agreement.


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(5) Indemnification

    Pick agrees to indemnify and hold harmless Saicol and its affiliates and
    associate companies and their respective officers and directors from any and
    all losses, claims, damages, liabilities or actions in respect thereof
    related to or arising out of Saicol's actions authorized by the Company in
    connection, with this agreement. Saicol will be reimbursed by Pick for all
    expenses Including reasonable counsel fees as they art incurred by Saicol in
    connection with litigation in which Saicol and its affiliate and associate
    companies and their respective officers and directors is a party.

(6) Agreement and Governing Law

    This agreement gets forth the entire understanding of the parties and
    supercedes prior communications, understandings, and Agreements between the
    parties.

In witness thereof, the parties have executed this Agreement on 4 May 2000.

Pick Communications Corp.                           Saicol Limited

By: /s/ Diego Leiva                                 By: /s/ Robert Sams
    ---------------------------                         ------------------------
Title: Chairman                                     Title: President




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