SAN DIEGO, December 31, 2014 – VelaTel Global Communications (OTCQB:VELA) is pleased to announce the following recent updates. VelaTel and its wholly owned subsidiary, China Motion Telecom (HK) Limited (CMMobile), have successfully upgraded CMMobile’s new 4G LTE network operations center (NOC) and are now migrating existing subscribers to the new NOC. The CMMobile Network now has a total capacity of 5 million subscribers. The upgrade enables CMMobile to move forward with the following already signed partnerships and contractual relationships:
- Start Phase 2 of Integration with Singapore based mobile network operator StarHub.
- Signed contract with DIgital Turbine (Mandalay Mobile) to distribute applications and supply all web searches and Internet browsing for CMMobile’s subscribers via the new NOC.
- Signed contract and successfully integrated networds with “carrier’s carrier” BICS, offering CMMobile’s subscribers even lower pricing on international long distance, roaming, and 4G LTE data rates.
- Signed contract with Japan based mobile network operator NTT DOCOMO for joint country distribution and private label distribution.
VelaTel plans to grow CMMobile’s operations throughout 2015 with its upgraded NOC.
CMMobile, is one of the original, continuously operating MVNOs (Mobile Virtual Network Operators) in Hong Kong, providing a unique carrier grade multi-number GSM cell phone solution. CMMobile’s solution allows its 100,000+ subscribers to acquire local GSM phone numbers across multiple countries/regions, integrating these numbers into a single GSM SIM card that will operate in a variety of unlocked (smart or older) GSM phones. When traveling between China, Hong Kong, Taiwan, Singapore and Macau, CMMobile customers avoid expensive international roaming charges without the need to configure VoIP applications, swap SIM cards, or configure cumbersome call-forwarding options. For more information, please visit www.cmmobile.com.
About VelaTel Global Communications, Inc.
VelaTel acquires spectrum assets through acquisition or joint venture relationships, and 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’s administrative headquarters are in Carlsbad, California. For more information, please visit www.velatel.com.
This press release may contain forward-looking statements involving known and unknown risks, uncertainties and other factors that could cause VelaTel’s actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. Readers are urged to consider statements that contain terms such as “may,” “will,” “should,” “believe,” “expect,” “project,” “intend,” “anticipate,” “plan,” or “estimate” to be forward-looking. VelaTel does not undertake any obligation to publicly update any forward-looking statements, whether as a result of the receipt of new information, future events, or otherwise. You should independently investigate and fully understand all risks before making an investment decision.
VelaTel Global Communications, Inc.