It was announced today that ChinaTel has chosen KCSA Strategic Communications, a leading New York-based communications firm, to take charge of the company's new investor relations and financial communications program.
ChinaTel's CEO, George Alvarez, stated, "This is the beginning of a very exciting chapter in our growth. Our recently completed $640 million equity investment provides us with ample capital to deploy and operate wireless broadband telecommunications networks in 29 cities in the People's Republic of China (PRC). Â With the financing behind us and a clear vision for growth, we believe that now is the right time to begin articulating ChinaTel's story to investors."
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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, operating and deploying networks in Asia and South America: a 3.5GHz wireless broadband system 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 system; and a 2.5GHz wireless broadband system in cities across Peru with and for Perusat, S.A., a Peruvian company that holds a license to build high speed wireless broadband systems. ChinaTel's vision remains clear: (i) to acquire and operate wireless broadband networks in key markets throughout the world; (ii) to deliver a new world of communications; and (iii) and invest in building long-lasting relationships with customers and partners to lead the broadband industry in customer service and responsiveness
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