Document:

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                                                                 Exhibit 10.29
               [Letterhead of FirstMark Communications Europe SA]

24 January 2000

Herr Dieter Finke
Neuer Kamp 20
29336 Nienhagen
Germany

Dear Dieter,

I am pleased to confirm that you have met your agreed bonus objectives and
accordingly are entitled to a bonus of DM210,000.

I am also pleased to confirm that with effect from 31 December 1999, your annual
salary shall be increased to E200,000.

I look forward to working with you for another prosperous year.

Best regards,

/s/ Michael J. Price
Michael J. Price
Co-Chairman

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                 [Letterhead of FirstMark Communications Europe]

                           Managing Director Agreement

                                     between

FirstMark Communications Europe SCA, 6 rue Jean Monnet, L-2180 Luxembourg (the
"Company") represented by its general partner FirstMark Communications
International II LLC itself being represented by its managing director [Michael
J. Price,]

and

Dr. Dieter Finke, (hereinafter "Managing Director")

Whereas the Company is a limited liability company formed in Germany for the
purpose of engaging in the implementation of a fiber optical network initially
in Germany and later in Europe.

Whereas, Dr. Finke shall become Managing Director, by this agreement (the
"Agreement")

Whereas the Parties to this Agreement agree that Dr. Finke's employment shall be
transferred to CCG Carriers' Carrier Germany Gesellschaft mbH ("CCG") once CCG
has acquired the Gasline Contract.

The parties agree as follows:

                           Managing Director Agreement

                               1 Scope of Services

1.1   The Managing Director shall be appointed as chief managing director
      ("CEO").

1.2   The Managing Director shall represent the Company in accordance with the
      provisions of the shareholders' agreement and the shareholders'
      instructions.

1.3   The Company may appoint additional managing directors. The shareholders
      are entitled to redistribute from time to time the responsibilities among
      the managing directors.

1.4   The Managing Director shall manage the business of the Company in
      accordance with applicable laws, the shareholders' agreement, the by-laws
      of the Company and the instructions of the shareholders.

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1.5   The Managing Director shall provide his service to the Company at its
      headquarters, it being understood that the Company's current headquarters
      shall be established at Hannover (Germany).

                                    2 Salary

2.1   The Managing Director shall be paid an annual fixed gross income of
      DM 280.000. Payment shall be made in 12 equal monthly installments payable
      at the 15 day of each month. The minimum increase of the fixed gross
      income shall be 1% per year.

2.2   In addition to the fixed gross income in accordance with Section 2.1, the
      Managing Director shall receive an annual variable bonus of up to DM
      60.000 pro rata payable by March 1 of the year after the one for which it
      is paid. The target for the variable bonus and the bonus for the new year
      shall be agreed upon no later then 30, April. The Managing Director shall
      receive an additional one time bonus of up to DM 50.000 payable by the end
      of March 2000 if the operation of the dark fibre network operated by CCG
      has acquired its first paying customers prior to January 1,2000.

2.3   In addition to the annual gross salary, the Company will provide the
      Managing Director with an appropriate Company car during the term of this
      employment. A Mercedes Class E or BMW series 5 or an equivalent car shall
      be deemed appropriate. Such a car may also be used by the Managing
      Director for private purposes without restrictions. However, such private
      use shall be taxable in accordance with the applicable rules of the tax
      authorities. In case of long private journeys, gas and oil shall be borne
      by the Managing Director. The Managing Director shall participate in any
      other employee benefit programs maintained by the Company for similarly
      situated employees.

2.4   Expenses incurred by the Managing Director in connection with the business
      of the Company shall be reimbursed upon presentation of individual
      invoices and in accordance with applicable laws.

                              3 Sideline Activities

      The Managing Director is hired on a full-time basis. For the performance
      of sideline business activities of any kind, expert opinions, publications
      and similar activities relating to the Company's field of operation as
      well as for the assumption of supervisory board positions, functions in
      federations and similar activities, the Managing Director is obligated to
      obtain the prior written approval of the Company's shareholders.

                               4 Confidentiality

4.1   The Managing Director shall be obligated to comply with the
      confidentiality agreement attached (as Annex 4.1) and incorporated herein
      by reference and to keep confidential all business matters, especially
      business secrets. An exception hereof shall only apply for those cases
      where the transmission of such business secrets is effectuated upon
      approval of the Company shareholders or if it is required in due
      performance of the duties of the Managing Director or if the interest of
      the Company so requires or if such transmission is required by law.

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4.2   Such obligation shall survive the termination of this Agreement.

4.3   Documents that refer to the Company shall be kept in a safe and secure
      manner and shall be returned to the Company (including any copies) upon
      termination of this Agreement.

4.4   Any violation of the agreed upon confidentiality provisions shall entitle
      the Company to terminate this Agreement without notice.

                                  5 Inventions

      The Company shall be entitled to use (or, if the Company so desires, to
      purchase exclusive rights to) any invention made by the Managing Director
      during the term of this agreement if such invention is related to the
      duties of the Managing Director or if it is based on experience,
      preliminary work or other ideas provided by the Company. The Managing
      Director shall therefore be obligated to inform the Company of all
      inventions he makes during the term of this Agreement. With respect to
      details of the foregoing, the rules set forth in the code on employee
      inventions shall be deemed accepted hereby.

                               6 Inability to Work

6.1   The Managing Director shall be required to give the Company immediate
      notice of every absence from work, the estimated duration and the reason
      and shall present a written doctor's certificate for any illness that
      lasts longer than two days.

6.2   In case of inability to work because of illness, the Managing Director
      shall receive his monthly salary according to Section 7.2 for up to three
      months.

                                   7 Vacation

7.1   The Managing Director shall be entitled to 30 business days' vacation per
      year. Business days shall be defined as any day of the week except for
      Sundays and bank holidays.

7.2   The vacation has to be coordinated with and approved by the management of
      the Company in advance.

                            8 Term of the Agreement

8.1   At the Managing Director's express request this Agreement is entered into
      for a 5 (five) year term and may be terminated by either party earlier
      with the notice period provided by law. Regardless of the date of
      execution of this Agreement the employment term shall begin on April 28,
      1999 or subsequent to the execution of the Gasline contract signed by CCG.
      The date ocuring earlier shall apply to the Managing Director if he is at
      such time free from his former employment and obligations deriving
      therefrom.

8.2   If the former employer of the Managing Director restricts the Managing
      Director's employment with CCG for whatever reason, the Managing Director
      shall make every effort to free himself from such restrictions, including
      if deemed appropriate by CCG's legal advisers take (at CCG's discretion)
      legal action against such restriction. If CCG

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      requests the Managing Director to undertake legal action against the
      Managing Director's former employer the costs incurred by Managing
      Director shall be borne by CCG. However, CCG shall have no obligation to
      undertake such legal action.

8.3   If by January 1,2000 the Managing Director has not started with his
      employment in CCG, this Agreement shall be terminated without notice and
      without any payment obligation for the Company or CCG.

8.4   During the notice period or alternatively subsequent to revocation of his
      appointment as Managing Director, the Company shall be entitled to suspend
      the Managing Director from his duties.

8.5   This Agreement shall terminate without notice upon completion of the
      calendar month of the Managing Director's 65th birthday.

8.6   If not otherwise expressly agreed by the parties, a revocation of the
      Managing Director's position as Managing Director shall also be deemed a
      termination of the underlying employment agreement.

                              9 Exclusion Deadline

9.1   Any claim arising out of this Agreement must be asserted by the Managing
      Director in writing within six months after it has become due against the
      Company. Thereafter all claims will be barred.

9.2   If any claim asserted by the Managing Director has not theretofore been
      resolved, the claim must be enforced by court action within two months of
      asserting the claim against the Company; otherwise, it will be barred.

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                                10 Miscellaneous

10.1  This Agreement shall be governed by German law.

10.2  Amendments to this Agreement shall only become effective upon their
      execution in writing. This shall also apply to this clause.

10.3  In case one or more provisions of this Agreement shall be deemed void
      completely or in part, the parties agree, that the Agreement shall remain
      valid with the valid clauses, whereas the void parts shall be replaced by
      provisions which meet the economic intentions of the parties with respect
      to the void portions.

Place Nienhagen Date 30.4.99

/s/
----------------------------
for CCG Carriers Carrier
Gesellschaft mbH i. Gr.

Place__________ Date________

/s/
----------------------------
for FirstMark Communications International II LLC

Place Nienhagen Date 30.4.99

/s/ Dr. Dieter Finke
----------------------------
Dr. Dieter Finke

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Annex 4.1

PERSONAL AND CONFIDENTIAL

You have been made available certain non-public information regarding [CCG
Carriers Carrier Gesellschaft mbH and FirstMark Communications Deutschland GmbH]
(the "Companies"). As a condition to furnishing such information to you, the
Companies require that you agree, as set forth below, to treat confidentially
such information and any other information that the Companies or any of it
subsidiaries furnishes to you, whether furnished before or after the date of
this letter (collectively, the Confidential Information).

You agree not to use any of the Confidential Information in any way for any
purpose other than in connection with the purposes for which such material has
been provided to you. You agree that the Confidential Information will not be
used for competitive purposes or to obtain any commercial advantage with respect
to the Companies or their subsidiaries, and that such information will be kept
confidential by you. You agree to be responsible for any breach of this
agreement by you.

In the event that you should be requested or required (by oral questions,
interrogatories, requests for information or documents subpoena, Civil
Investigative Demand or similar process) to disclose any information supplied to
you in the course of your dealing with the Companies or their subsidiaries, it
is agreed that you will provide the Companies with prompt notice of any such
request, so that the Companies may seek an appropriate protective order and/or
waive your compliance with the provisions of this agreement. It is further
agreed that if, in the absence of a protective order or the receipt of a waiver
hereunder, you are nonetheless, in the opinion of counsel, compelled to disclose
information concerning the Companies or their subsidiaries to any tribunal or
else to be liable for contempt or suffer other censure or penalty, you may
disclose such information to such tribunal without liability hereunder,
provided, however, that you give the Companies advance written notice of the
information to be disclosed as far in advance of its disclosure as is practical
and, at the Companies' request, seek to obtain assurances that it will be
accorded confidential treatment.

Upon your request, you shall promptly deliver to the Companies the Confidential
Information and shall promptly destroy all memoranda, notes, and other writings
prepared by you based thereon.

The term Confidential Information does not include information which (i) becomes
generally available to the public other than as a result of a disclosure by you,
(ii) was available to you on a non confidential-basis prior to its disclosure to
you by the Companies, or (iii) becomes available to you on a non-confidential
basis from a source other than the Companies, provided that such source is not
known to you to be bound by a confidentiality agreement with the Companies.

It is further understood and agreed that no failure or delay by the Companies or
their subsidiaries in exercising any right, power or privilege hereunder shall
operate as a waiver hereof, nor shall any single or partial exercise thereof
preclude any other or further exercise thereof or the exercise of any right,
power or privilege hereunder. You agree that money damages would not be a
sufficient remedy for any breach of this agreement by our or your Agents, and
that in addition to all other remedies the Companies shall be entitled to
specific performance and injunctive or other

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equitable relief as a remedy for any such breach, and you further agree to
waive, and to use your best efforts to cause your Agents to waive, any
requirement for the securing or posting of any bond in connection with such
remedy.

If you are in agreement with the foregoing, please sign and return one copy of
this letter which will constitute our agreement with respect to the subject
matter of this letter.

Nienhagen 30.4.99   /s/ Dr. Dieter Finke
-----------------
Read, signed and approved: Dr. Dieter Finke<PAGE>

                                                                   Exhibit 10.30

                                LICENSE CLASS 3

                      FOR THE OPERATION OF INFRASTRUCTURE
                    FOR OFFERING TELECOMMUNICATIONS SERVICES
                                 TO THE PUBLIC
                        BY THE LICENSEE OR THIRD PARTIES

The Regulatory Authority for Telecommunications and Post ("RegTP"), subsequently
referred to as licensor hereby grants subsequent to the application submitted on
21. August 1998 in compliance with sec. 6 para. 1 no. 1 and para. 2 no. 1 c) in
connection with sec. 8 para. 1 to 3 and sec. 50 para. 2 sentence 1 of the
Telecommunications Act dated as of 25. July 1996 (Federal Gazette I, page 1120)
to

                   FIRSTMARK COMMUNICATIONS DEUTSCHLAND GmbH,

                      UHLANDSTRASSE 179/180, 10623 BERLIN

subsequently referred to as Licensee, a license of class 3 for the operation
of infrastructure for offering telecommunications services to the public by
the Licensee or third parties.

The application dated as of 21. August 1998 shall be deemed integral part of
this license.

This License is registered under number 98 03 0204.

1.   OBJECT OF LICENSE

1.1  TECHNICAL APPLICABILITY

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                                                UNOFFICIAL WORKING TRANSLATION!!

     Under this License the Licensee shall be entitled, in accordance with the
     Telecommunications Act and the ordinances related thereto, to operate
     within the License Area transmission lines by which it offers
     telecommunications services to the public or by which it provides to third
     parties to offer such services to the public in accordance with the license
     class 3.

     The Licensee shall also be entitled to operate radio transmission lines for
     which it obtained the required frequencies in accordance with sec. 44 to
     48 TKG and the frequency ordinances referring thereto. The frequency
     allocations shall be integral part of this License.

     This License does not entitle the Licensee to provide voice telephony
     (sec. 66 para. 2 no. 2 TKG) neither does it provide for the right to
     operate transmission lines for mobile services or satellite services to
     the public (sec. 6 para. 2 no. 1 a) and b) TKG).

1.2  LICENSE AREA

     The license area covers the Federal Republic of Germany.

2.   USE OF PUBLIC WAYS

     The Licensor transfers in accordance with sec. 50 para. 2 sentence 1 TKG
     the right to use public ways for telecommunications lines (sec. 3
     no. 20 TKG) which are required for the use of the rights under the License.
     Such right of ways shall be free from any compensation in accordance with
     sec. 50 to 58 TKG if thereby the dedicated use of the public ways is not
     permanently affected.

3.   CONDITIONS

3.1  CHANGES IN THE COMMERCIAL REGISTER

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     Changes in the commercial register shall be notified to the Licensor by
     submission of a certified commercial register excerpt. Such information is
     required for review, whether in accordance with sec. 8 para. 3 sentence 2
     no. 2 TKG, the license requirements are still complied with (by the
     Licensee) and to ensure that the Licensee complies with its obligation with
     respect to the requirements for the change of the Licensee and/or the
     change of ownership in accordance with sec. 9 TKG.

3.2  OFFER OF TRANSMISSION LINES

     The fact that the Licensee offers transmission lines in accordance with
     Annex II of the "Directive 92/44 EWG of the Council dated 5, June 1992 for
     the Introduction of Open Network Access for Leased Lines" Gazette EG no. L
     165 19. July 1992 page 27) amended by decision of the Commission 94/439/EWG
     dated 15. June 1994 (Gazette EG no. L 181 as of 15. July 1994, page 40)
     shall be notified to the Licensor without delay. Such notification is
     required for the computation of the market shares with respect to the
     obligation to provide universal services in accordance with sec. 18 para.
     1 TKG.

3.3  SECURITY OFFICER AND DOCUMENTS IN ACCORDANCE WITH SEC. 87 PARA. 2 TKG

     The Licensee shall prior to starting its operations (i) appoint a security
     officer, (ii) submit the documents referred to in sec. 87 para. 2 TKG and
     (iii) submit the declaration in accordance with sec. 87 para. 2 sentence
     2 TKG.

4.   INDICATIONS

4.1  TECHNICAL IMPLEMENTATION OF CONTROL MEASURES IN ACCORDANCE WITH SEC. 88 TKG

     It is hereby pointed out that the design of technical equipment for the
     implementation of mandatory control measures of telecommunication according
     to sec. 88 para. 2 sentence 1 requires approval by the RegTP. The operation
     of telecommunication equipment prior to

<PAGE>

     the compliance with the approval requirements according to sec. 88 para 2
     sentence 4 in connection with sec. 96 para. 1 no. 13 and 14 TKG represent a
     legal offence and can in connection with sec. 15 TKG result in the
     withdrawal of the License.

     The design and the availability of technical equipment for the
     implementation of mandatory measures for the control of telecommunication
     are not required if:

     - at the end of the transmission lines lying within geographic area of
       this License network nodes are connected the operators of which are
       subject to sec. 88 TKG or if the transmission lines serve for
       connecting network nodes to which connection in accordance with
       sec. 2 no. 4 FUV or in accordance with sec. 88 para. 2 TKG can not be
       connected to;

     - the Licensee exclusively operates either for itself or third parties
       transmission lines for the exclusive provision of telecommunication
       services "transmission of radio and television programs" for the public
       without the possibility to provide the auxiliary channel (backward
       channel) feature.

4.2  FEE

     The license grant triggers a license fee in accordance with the
     telecommunications license fee ordinance dated 28. July 1997 (Federal
     Gazette I page 1936) in acted in accordance with sec. 16 para. 1 sentence
     2 TKG shall occur by separate act.

4.3  OBLIGATION TO PROVIDE FOR FEES AND CONTRIBUTIONS IN CASE OF
     FREQUENCY ALLOCATION

     The allocation of frequencies for the operations of transmission lines via
     radio waves shall trigger fees and contributions in accordance with
     sec. 48 TKG and in accordance with the frequency fee ordinance dated
     21. May 1997 (Federal Gazette I page 1126) in connection with the first
     ordinance amending the frequency fee ordinance dated 16. December 1997
     (Federal Gazette I page 3194) and the ordinance for the frequency usage
     dated

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     19. November 1996 (Federal Gazette I page 1790) in connection with the
     first ordinance amending the ordinance for the frequency usage dated
     22. December 1998 (Federal Gazette I page 3894).

     Frequency allocation fees and contributions for frequency use will be set
     by separate administrative act. Changes in the allocation and new
     allocations of frequencies occur by separate administrative act.

4.4  TRANSMISSION OF RADIO PROGRAMS

     With respect to the operation of transmission lines for which the
     allocation of frequencies for the transmission of radio programs is
     required, reference is made to sec. 47 para. 3 TKG with respect to the
     frequency allocation.

4.5  SUBSEQUENT AMENDMENT OF COLLATERAL CLAUSES

     This License can in accordance with sec. 8 para. 2 sentence 2 TKG be
     subsequently amended by collateral clauses.

4.6  MISCELLANEOUS

     It is hereby indicated that the remaining provisions of the TKG shall be
     respected.

                         ADVICE ON APPLICABLE REMEDIES

Within one month after notification of this Administrative Act, lawsuits may
be filed against such act with the Administrative Court of Cologne,
Appellhofplatz, 50667 Cologne either in writing or by transcript of the clerk
of the Court. Such lawsuit shall indicate the claimant the defending party
and the object of the lawsuit. It shall contain a precise request. The facts
and proves for corroboration shall be indicated. The statement of claim
including its access shall be submitted in

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sufficient copies, so that each party to the court proceeding can obtain a copy.
The lawsuit has no suspensive effect.

Regulierungsbehorde fur
Telekommunikation und Post                        Mainz, dated 3. February 2000

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