Nettel Holdings Receives Service Contracts Valued In Excess of $80 Million per Year from Idial Networks, BMCI and Core Networks.
Business Wire, July 18, 2003
Business Editors/High-Tech Writers
VANCOUVER, Wash.--(BUSINESS WIRE)--July 18, 2003
Nettel Holdings, Inc. (OTCBB:NTTL), today announced that its wholly-owned subsidiary VoipXchange.net had signed service agreements to provide Idial Networks (OTCBB:IDNW, News, www.idnw.com,) BCMI and Core Networks (www.cniglobal.com) with more than $80 million worth of aggregate value-added telephony call routing services on an annual basis.
Recently, the Company has also received contracts valued at $135 million per year from Calluniversal, GPA and Info-tel as well as other contracts from PHD Telecom and Astel Telecom.
As of last week, Nettel has begun to receive payments towards a number of the previously-signed contracts.
VoipXchange.net has increased its network bandwidth capacity to a fully redundant OC 48 connection and is currently working with over 1,600 major VoIP network termination partners worldwide.
Michael Nguyen, Chairman and CEO of Nettel Holdings, commented: "We are very pleased to have entered into these service agreements with Idial Networks, BMCI and Core Networks. As we continue to grow, we strongly believe that Nettel will gain additional clients and be able to generate unprecedented revenues and profits for our shareholders in the near term."
About iDial:
iDial Networks, Inc., (www.idnw.com), is an application service provider in leading communication technologies, provides a wide range of Voice over Internet Protocol (VoIP) services, Internet-activated applications and products that bring affordable telecommunications services to users around the globe. The company is building a next generation VoIP and TDM network based on carrier class technologies from Cisco Systems and Microsoft.
About Core Networks:
Core Networks (CNI) (cniglobal.com) is located at 60 Hudson Street, 13th Floor, New York City. CNI switches support both TDM and IP traffic. Their investments in DS3 hubs allow immediate line provisioning. These systems allow CNI to provide consistent and reliable service. The network architecture and technology advancements combined with their monthly quantity usage afford CNI the opportunity to network deliver services via satellite, fiber optics and dedicated private lines. CNI provides switched access service for switch-less resellers. They can also manage call routing for the customer to ensure the best quality routes.
About BCMI: BCMI (Breeden Management Company, Inc.) is a Texas-based company that provides wholesale VoIP services to carriers.
Die Kontrakte stammen vom Sommer, wie hoch is die Möglichkeit das die Verträge
in diesem Quartal bei den Zahlen ihre Wirkung zeigen?
Ein Umsatz von ca. 500.000 auf rund 80 Mio würde ja eine
extreme Kurssteigerung nachsichziehen oder meint ihr nicht?