NBT Equity Research Releases Six-Part Interview Series With Velatel President and CEO
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(firmenpresse) - SAN DIEGO, CA -- (Marketwire) -- 10/19/11 -- US-based (OTCQB: VELA) (PINKSHEETS: VELA) ("VelaTel"), a leader in deploying and operating wireless broadband and telecommunication networks worldwide, announced today that Tobin Smith, Editor-in-Chief of and host of the , has released a six-part series of video interviews conducted with VelaTel President Colin Tay and Chairman and CEO George Alvarez. In the interviews, Mr. Smith explores the game-changing value proposition of VelaTel, which he says is "the world's most undervalued 4G company." To access the video series, please click .
"VelaTel has transformed from a single company to multiple companies with consolidated assets. This year's completed launch of a 4G network in Peru and projected launch in China are the first of many major achievements from this soon-to-be-global player in the mobile broadband space," commented Mr. Smith.
"Coupled with its worldwide partners, VelaTel knows how to go 'in country' and reach the populations who want, and are willing to pay for, 4G access, at a low cost. Not only will its 4G networks move data at 10 times the speed of 3G networks -- for 200% less money -- but the Company is already planning how it will include international roaming at competitive rates," Smith said.
Mr. Smith is a contributing market analyst and frequent guest anchor for and a regular panelist on Fox News Channel's highly rated "Bulls & Bears" weekly investment program. NBT initiated coverage on VelaTel in early 2009, and most recently reiterated its "Speculative Strong Buy" recommendation on July 22, 2011.
You may access additional information on VelaTel Communications, Inc., including the NBT introductory video and five follow-up interviews with VelaTel's management, by visiting .
("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 .
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. Affiliates of NBT hold 5.1 million shares in VelaTel and are free to buy or sell shares at any time. Information provided by NBT regarding VelaTel 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 .
VelaTel Global Communications, Inc.
Tim Matula
Investor Relations
1-877-260-9170 (Toll Free)
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Datum: 19.10.2011 - 06:30 Uhr
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