 In December 2005 Freshtel signed an agreement with Tesco to provide a white label Internet telephony solution for the UK market.In late December 2005 Tesco acquired a 6% stake in Freshtel, increased to 12% in November 2006.Due to significant losses on its UK activity (including transfer costs), which contributed over 70% of revenue, Freshtel announced in February 2010 that an agreement had been reached with Tesco to terminate the VOIP services it had provided.