SAN DIEGO, Oct. 5, 2016 /PRNewswire/ -- TPT Global Tech (OTCPink: TPTW) announces that in 2015, it completed the acquisition of K Telecom and Wireless Inc. located in Seattle Washington. K Telecom and Wireless Inc. distributes cell phone hardware, accessories and carrier services for companies such as Verizon, T Mobile, AT&T, Sprint and several other MVNO (Mobile Virtual Network Operators) to more than 100 brick and mortar stores in and around the Seattle, Washington area.
"After a transitional year, management believes that by adding the K Telecom and Wireless Inc. distribution channel to the TPT Global network of companies, it has enhanced our ability to offer other TPT Global Tech technology products and services in the Northwest corridor in the Unites States. We are very excited that CJ Singh will continue on as the CEO of K Telecom and Wireless Inc. and extend his many years of Telecom experience to TPT Global Tech and help with our future plans for a National Cell Phone Distribution initiative," said Stephen Thomas, CEO of TPT Global Tech Inc.
"I am excited to be a part of TPT Global Tech Inc. and work with CEO Stephen Thomas. I look forward to teaming with Stephen to combine our Domestic and International experience to grow TPT Global Tech to a national Brand," said CJ Singh, CEO of K Telecom and Wireless Inc., now a TPT division.
About TPT Global Tech
TPT Global Tech Inc. (OTC:TPTW) based in San Diego, California, is a Technology/Telecommunications Media Content Hub for domestic and International syndication and also provides Technology solutions to businesses domestically and worldwide. TPT Global offers Software as a Service (SaaS), Technology Platform as a Service (PAAS), Cloud-based Unified Communication as a Service (UCaaS) and carrier-grade performance and support for businesses over its private IP MPLS fiber and wireless network in the United States. TPT's cloud-based UCaaS services allow businesses of any size to enjoy all the latest voice, data, media and collaboration features in today's global technology markets. TPT also operates as a Master Distributor for Nationwide Mobile Virtual network Operators (MVNO) and as an Independent Sales Organization (ISO) as a Master Distributor for Pre-Paid Cellphone services, Mobile phones, Cellphone Accessories and Global Roaming Cellphones.
This press release contains forward-looking statements. The words or phrases "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements." Actual results probably will differ materially from those projected in TPT's ("the Company's") business plan. The news should not be construed as an indication in any way whatsoever of the future value of the Company's common stock or its present or future financial condition. The Company's information may be accessed at the OTC Markets website under its symbol "TPTW"@ OTCPink. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company cautions readers not to place reliance on statements or press releases, about value, performance, or any other criteria. Unless otherwise required by applicable law, we do not undertake, and we specifically disclaim any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/tpt-global-tech-acquires-k-telecom-and-wireless-a-seattle-cell-phone-distribution-company-300339972.html
SOURCE TPT Global Tech Inc.