SOURCE: VelaTel Global Communications, Inc.

VelaTel Global Communications, Inc.

September 22, 2011 08:30 ET

10 Reasons Why VelaTel Global Communications is the World's Most Undervalued 4G Company

NBT Equities Research Issues New Research Report on VELA

SAN DIEGO, CA--(Marketwire - Sep 22, 2011) - U.S.-based VelaTel Global Communications, Inc. (OTCQB: VELA) (PINKSHEETS: VELA) ("VelaTel"), a holding company for Wi-MAX and LTE (4G) network operators and wireless products and services, announced that NBT Equities Research, LLC (NBT) issued a new research report on the Company on September 21, 2011. Author and NBT Chief Research Analyst Tobin Smith cites, "10 Reasons Why VelaTel is the World's Most Undervalued 4G Company." To access the full report, visit www.nbtequitiesresearch.com/reports and select "VelaTel" or click here.

Mr. Smith commented, "I truly believe VelaTel is one of the most-undervalued stocks available today." NBT initiated coverage on VelaTel, formerly known as ChinaTel Group, Inc., in early 2009, and most recently reiterated its "Speculative Strong Buy" recommendation on July 22, 2011. Mr. Smith is a contributing market analyst and frequent guest anchor for Fox Business Network and a regular panelist on Fox News Channel's highly rated "Bulls & Bears" weekly investment program.

"NBT Research values VelaTel at between $2.90 and $4.27 per fully diluted share based on approximately 850 million [projected] shares outstanding," says an excerpt from the NBT report. For more information, including disclaimers and the NBT valuation model, please click here.

About NBT Equities Research
NBT EQUITIES RESEARCH, LLC (NBT), a division of NBT EQUITY GROUP, LLC, is an independent equities research organization focused on discovering the fastest growing emerging growth sectors, companies and related niche ETFs around the globe. NBT is in constant pursuit of investable opportunities in the next big things worldwide. The company was founded by NY Times Best Selling Author and Fox Business News media personality Tobin Smith and serial technology and marketing entrepreneur Amanda Besemer. For more information visit: www.nbtequitiesresearch.com.

About VelaTel Global Communications, Inc.
VelaTel Global Communications, Inc. ("VelaTel") acquires spectrum assets through acquisition or joint ventures. VelaTel provides capital, engineering, architectural and construction services related to the build-out of wireless broadband telecommunications networks, which it then operates by offering services attractive to residential, enterprise and government subscribers. VelaTel currently focuses on emerging markets where Internet penetration rate is low relative to the capacity of incumbent operators that provide comparable cutting-edge services, and/or where the entry cost to acquire spectrum is low relative to projected subscribers. VelaTel currently has project operations in People's Republic of China and Peru. Additional target markets include countries in Latin America, the Caribbean, Southeast Asia and Eastern Europe. VelaTel's administrative headquarters are in San Diego, California. To learn more about VelaTel, visit www.velatel.com.

This press release contains forward-looking statements that involve risks and uncertainties. Actual results, events and performances could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause the Company's actual results, expressed or implied, to differ materially from expected results. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making an investment decision.

NBT Equities Research (NBT) is a wholly-owned subsidiary of NBT Equity Group, LLC. VelaTel pays compensation to NBT to provide certain investor relations consulting services. However, the research report prepared by NBT referred to in this press release is based upon NBT's independent analysis of publicly available information concerning VelaTel, and VelaTel has not edited or independently corroborated the information stated in the research report, and does not necessarily endorse the opinions or analysis expressed in the report. Affiliates of NBT hold 5.1 million shares in VelaTel and are free to buy or sell shares at any time. The NBT report is neither an offer nor recommendation to buy or sell any security. It is not to be construed as an offer to buy or sell or a solicitation of an offer to buy or sell any financial instruments or to participate in any particular trading strategy in any jurisdiction. For additional information, contact NBT at www.nbtequitiesresearch.com.

Contact Information

  • CONTACT:
    VelaTel Global Communications, Inc.
    Tim Matula
    Investor Relations
    1-877-260-9170 (Toll Free)
    Email Contact