SOURCE: Nettel Holdings

August 28, 2007 08:34 ET

AVOP Completes Installation of Gateways in 3rd Country

VANCOUVER, WA--(Marketwire - August 28, 2007) - Nettel Holdings (OTCBB: NTTL) AVOP Division Completes Installation of the First set of Gateways on schedule in 3rd country and have started installation on a 4th country.

This initial installation consists of one GSM Gateways (30 ports). Sales to be generated from each gateway located at this third location will be at approximately $216 per port per day. Due to the high demand, all of the minutes are sold and prepaid for in advance.

The results from the first two locations (total of 8 gateways) have been positive. Buyers are very happy with the significant increase in call duration, call completion ratio and voice quality. This is very important because attaining a good quality rating gives us the opportunity to ask for a much higher rate, which gives us a higher profit margin.

"The International and domestic carrier appetite for wholesale minutes continues to grow, 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."

Contact Information

  • Contact:
    Investor Relations
    503-336-5098