For Immediate release
February 11, 2005
ITS Networks, a Competitor in the Prepaid Telecom Industry in Spain: New Profiled Featured Company on Telecom Stocks Industry Research Sector for InvestorIdeas.com
/24-7PressRelease.com/ - POINT ROBERTS, Wash., February 11, 2005 - http://www.InvestorIdeas.com is pleased to announce that ITS Networks (OTCBB: ITST) is currently a profiled featured company on our telecom industry research pages for investors interested in wireless and cellular stocks and http://www.InvestingInWireless.com, an investor news portal for Wireless Technology.
ITS Networks, Inc., through its wholly owned subsidiary Teleconnect Comunicaciones S.A., is a competitor in the prepaid telecom industry in Spain, in a market with only three mobile operators and a population of 40 million.
InvestorIdeas.com does not make recommendations, but offers a unique, free information portal to investors to research news, articles, interviews, featured company sponsors and a growing list of participating public companies.
Telecom Industry Research pages:
http://investorideas.com/Research/Industries/Telecommunications.asp
Featured Company: (InvestorIdeas.com is compensated for featured company profiles)
ITS Networks, which was established in 1996, bought wholly-owned subsidiary Teleconnect Comunicaciones, S.A. ("Teleconnect"). Teleconnect provides commercial and residential users with a very competitive array of prepaid phone services, and now offers a new service to Spanish cellphone users called "MoviPLUS," that provides savings of up to 80% on international long-distance calls!
Any of Spain's 37 million cellphone users can now call a local number and have their long distance call routed through Teleconnect's switches at fixed-line prices. Accessing this service can now be done without a PIN number, as the Company's system will now recognize individual's cell phone numbers when they make the call.
Vice President and Teleconnect CEO, Herman de Haas says "Our retail network has over 5000 points of distribution, and we are aggressively in the process of signing up more retailers. By starting up the wholesale business line, we feel quite confident that we will reach our three-year objective."
The Company also intends to seek out potential foreign players wishing to enter the Spanish market with complementary services. In Spain the prepaid phone card market was worth 90 Million in 2002, and international calling from Call Shops amounted to 240M that same year.
ITS Networks' Corporate Profile: http://investorideas.com/CO/ITST/CorporateProfile.asp
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ITS Networks, Inc. currently pays four thousand dollars per month. Third party IR firm.
SOURCE: InvestorIdeas.com
For more information contact:
Dawn Van Zant 800-665-0411
Trevor Ruehs 866-730-1151
Email: dvanzant@investorideas.com or truehs@investorideas.com
InvestorIdeas.com does not make recommendations, but offers a unique, free information portal to investors to research news, articles, interviews, featured company sponsors and a growing list of participating public companies.
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