SOURCE: Nettel Holdings

March 14, 2007 09:16 ET

AVOP Ramps Up Sales After Completing Satisfactory Payment Arrangement With a Major Wholesale Provider

PORTLAND, OR -- (MARKET WIRE) -- March 14, 2007 -- Nettel Holdings,Inc. (OTCBB: NTTL) division AVOP Ramps Up Sales after completing Satisfactory Payment Arrangement with a Major Wholesale Provider.

The initial letter of credit is for an additional $20K per day. This represents an increase of approximately 40% to current daily sales volume. AVOP will be receiving an invoice from this supplier on a daily basis for the minutes that were used the previous day. All of the buyers prepay for their daily block of minutes in advance. We are currently negotiating with other major direct wholesale suppliers on similar financial payment terms.

As stated in earlier releases, progress from telecom sales over the pass two quarters has been positive. AVOP is on track to meet the existing demand for $100,000 of new revenue per day. Selling minutes to AVOP has many advantages over other exchanges. AVOP is the only exchange in the telecom industry that offers suppliers instant access 24/7 to over 6 million LIVE minutes every day where they receive payments within 24 hours. Suppliers can log into their account 24 hours a day, post the routes they have available, and be able to receive instant live traffic sent from AVOP to their gateways within 1-2 hours. As a result of selling minutes to AVOP, sellers will no longer have to wait 30-45 days to receive payment for the minutes they sold. We provide suppliers with the fastest way to earn quick revenue.

Contact Information

  • Contact:
    Investor Relations
    503-336-5098