ChinaTel was very pleased to announce plans for expansion and acceleration towards the arrangement of wireless broadband networks in 12 cities across China and 8 cities in Peru.
ChinaTel's CEO, George Alvarez, stated, "The funding that we have received to date has allowed us to move forward with the initial phase of our plan to deploy a state-of-the-art broadband network in 12 of China's largest cities and Peru's 8 largest cities. The 12 cities in China cover approximately 250 million people in areas that represent approximately 50 percent of the PRC's overall gross domestic product. The 8 cities in Peru cover approximately 17 million people in areas representing approximately 58 percent of Peru's total population.”
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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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