SOURCE: Nettel Holdings

August 10, 2007 09:14 ET

AVOP Completes Installation of Gateways in 2nd Country

VANCOUVER, WA--(Marketwire - August 10, 2007) - Nettel Holdings (OTCBB: NTTL) AVOP Division Completes Installation of the First set of Gateways on schedule in 2nd country.

This initial deployment consists of two GSM Gateways (60 ports). More gateways have been ordered and scheduled to arrive in 2-3 weeks. These gateways will be installed at both locations. Sales to be generated from each gateway located at this second location will be much higher then the first country announced 2 weeks ago due to a country with a higher per minute rate. One port will generate approximately $370 per day.

"The International and domestic carrier appetite for wholesale minutes is growing fast, and we are responding to that need quickly," said Michael Nguyen, Nettel Holdings CEO. "We will continue deploying additional gateways as fast as we can to meet the demand from our buyers. Our initial plan is to have 2,000 ports in operation by the end of November."

Making this significant strategic investment and upgrade will allow us to expand, increase our profit margins, and provide our customers with the best rates and best quality now and in the future.

Contact Information

  • Contact:
    Investor Relations