ChinaTel is starting the week off looking very strong. They are back on the top volume leader list also showing an increase of 8.24%. They opened up today at .9100 and their high of the day so far has been 1.0000. CHTL appears to be back on the rise again and proves once again to be a hot stock.
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About ChinaTel Group, Inc.
ChinaTel Group, Inc. (ChinaTel), through its controlled subsidiaries, provides fixed telephony, conventional long distance, high-speed wireless broadband and telecommunications infrastructure engineering and construction services.
ChinaTel is presently building, deploying and operating networks in Asia and South America: (i) a 3.5GHz wireless broadband telecommunications network in 29 cities across the People's Republic of China (PRC) with and for CECT - Chinacomm Communications Co., Ltd., a PRC company that holds a license to build the high speed wireless broadband telecommunications network; and (ii) a 2.5GHz wireless broadband telecommunications network in cities across Peru with and for Perusat, S.A., a Peruvian company and ChinaTel subsidiary that holds a license to build a high speed wireless broadband telecommunications network.
ChinaTel's strategy remains clear: (i) to acquire, develop and operate wireless broadband telecommunications networks in key markets throughout the world; (ii) to deliver a new world of communications through cutting edge voice, data and multi-media applications; and (iii) to invest in building long-lasting relationships with customers and partners to lead the broadband industry in customer service, responsiveness and applications that exceed our customers' expectations. Our vision is to build leading-edge IP-leveraged solutions in the broadband wireless telecommunications sector, advanced by our worldwide infrastructure and leadership in emerging markets.
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