NEW YORK, NY -- (Marketwire) -- 06/28/12 -- Everybody's Phone Company, Inc. (PINKSHEETS: EVPH), a growing provider of prepaid telephone services, has announced that it is in the final stages of discussion with a major US based telecom provider to begin offering long distance service to its customer base.
Upon closing of the agreement, EVPH plans to bundle its current prepaid local telephone services with long-distance (LD) calling supplied under the new partnership. EVPH expects to attract 5,000 new customers over the next 12 months and further anticipates a minimum of 50% adoption of the LD services.
Globally, in the broadest possible sense, the telecommunications industry will be about a $4.25 trillion sector in 2012. (This figure includes equipment and related services, as well as subscriber revenues and other business revenues.) The widely recognized TIA (Telecommunications Industry Association) estimated global telecom revenues at $3.1 trillion for 2010, including $985 in U.S. revenues. By trying to capture a niche part of the industry, consumers unable to get traditional phone service or customers unwilling to be billed monthly for services that are not their primary way of communicating, could provide a successful path into markets outside of the Houston, Texas market.
This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Information, opinions and analysis contained herein are based on sources deemed to be reliable and are subject to change without notice. A third party has hired and paid Equity News Alert one thousand two hundred and ninety five dollars for the publication and circulation of this news release. Accordingly, certain information included herein may be forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. However, no representation, expressed or implied, is made as to the accuracy, completeness or correctness. In light of the above, we accept no liability for any losses arising from an investor's reliance on or use of this report. We do not and have not had any ownership interest in said third party of any kind.
Equity News Alert
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here