 |  | Sunday, 21 September 2008 |
TelePlus Announces Launch of Private Label Wireless Service
18 Nov 2004
TelePlus Enterprises, Inc. (OTC BB: TLPE) (http://www.teleplus.ca), which owns and operates 39 TelePlus-branded stores in major shopping malls selling a variety of wireless and portable communication devices, is pleased to announce that it has now officially launched its own private label wireless service under the TelePlus Wireless brand name. AT&T's network will be the carrier of choice to run TelePlus' mobile virtual network (MVNO).
TelePlus is now ready to start activating customers on its MVNO program that was announced earlier this year. Distributors have shown interest in selling the TelePlus program in all regions of the United States. TelePlus is currently in the process of finalizing distribution agreements.
Affordable rate plans including unlimited weeknights and weekend minutes, free long distance calls within the US, no contracts, attractive handsets and the lowest long distance rates are among the advantages offered by the TelePlus wireless program.
"We intend to aggressively promote our MVNO program to distributors and consumers alike. Our first priority is to create a distribution strategy where we align ourselves with the right partners in select areas. In order to fully leverage our distribution strategy, we have ensured that we are providing the right product at an affordable price to consumers. We believe that the licensing agreement with TeleDigital should further support this effort," stated Marius Silvasan, Company CEO. "Many smaller companies attempt to promote their own MVNO's but most fail to deliver the quality expected by consumers, thus increasing churn, resulting in financial losses for distributors and retailers. We intend to change all that by creating a brand recognized for quality while providing competitively priced packages," added Silvasan.
Investors are asked to e-mail all questions and correspondence to TLPE@agoracom.com where they can also request to be added to the TelePlus investor e-mail list to receive all future press releases and updates directly.
About TelePlus http://www.teleplus.ca
TelePlus Enterprises, Inc. ("TelePlus"), through a subsidiary, owns and operates 39 TelePlus-branded stores in major shopping malls selling a variety of wireless and portable communication devices. The company's product lines include wireless handsets and services from major Canadian carriers, international phones, satellites, home phones and other mobile electronic devices including an exclusive line of international GSM world phones. TelePlus through a US wholly owned subsidiary, TelePlus Wireless, Corp., operates a virtual wireless network selling its branded wireless products to distributors in select US cities.
The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties, including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development and acquisition of new product lines and services, government approval processes, the impact of competitive products or pricing a technological changes, the effect of economic conditions and other uncertainties, and the risk factors set forth from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-KSB; its quarterly reports on Forms 10-QSB; and any reports on Form 8-K. Teleplus Enterprises, Inc. takes no obligation to update or correct forward-looking statements. |
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