O2 Secure Wireless Inc. announces the completion and pending launch of its Multi-Million dollar OTOW Network
On the heels of the upcoming closing of the acquisition of Technologies Argus First de Mexico, O2 Secure Wireless is able to finalize its negotiations and receive acceptable quotes from ZTE, Alcatel-Lucent and Ericsson to move forward in the launch of the OTOW Network bringing in millions to the bottom line of the company.
ST. AUGUSTINE, Fla., Feb. 3, 2015 /PRNewswire/ -- O2 Secure Wireless, Inc. (OTC PINK: OTOW), a developer of domestic and international hi-speed wireless Internet facilities, Mobile Internet solutions and the OTOW Network, announced today that it is on track to achieve sustained profitability and positive estimated cash flow. The launch of its first Latin American & Caribbean (LAC) market forecasts to exceed 100 million dollars in the near-term as it concludes its negotiations and has received acceptable final quotes from ZTE, Alcatel-Lucent and Ericsson to offer mobile entertainment content to developing markets. O2 Secure Wireless Inc. may choose to work with one or all of the companies issuing quotes for the Network. This will now allow O2 Secure Wireless Inc. to issue an official launch date of the OTOW Network. O2 Secure Wireless Inc. will announce the name of its first LAC market in the coming weeks as it awaits Governmental approval for the press release.
The OTOW Network is poised for a successful launch with one or more of the following partners, ZTE, Alcatel-Lucent and Ericsson. ZTE Corporation (http://wwwen.zte.com.cn/en) is a globally leading provider of telecommunications equipment and network solutions. It has operations in 160 countries; the company is a leader in technology innovation, delivering superior products and business solutions to clients all over the world. ZTE is listed on both the Hong Kong and Shenzhen Stock Exchanges and is China's largest listed telecoms equipment company. Alcatel-Lucent (http://www.alcatel-lucent.com) is a French global telecommunications equipment company, headquartered in Boulogne-Billancourt, France. The company focuses on fixed, mobile, and converged networking hardware, IP technologies, software, and services. Alcatel-Lucent has operations in more than 130 countries. Alcatel-Lucent has been named Industry Group Leader for Technology Hardware & Equipment sector in the 2014 Dow Jones Sustainability Indices review and listed in the 2014 Thomson Reuters Top 100 Global Innovators for the 4th year in a row. Ericsson (http://www.ericsson.com) is a Swedish multinational provider of communications technology and services. The company's offerings comprise services, software and infrastructure in information and communications technology for telecom operators and other industries, including traditional telecommunications as well as Internet Protocol (IP) networking equipment, mobile and fixed broadband, operations and business support solutions, cable TV, IPTV, video systems, and an extensive services operation. Ericsson has a market share of 35% (in 2012) in the 2G/3G/4G mobile network infrastructure market. Ericsson is a public company trading on the NASDAQ.
"We are pleased to announce that the company has received acceptable quotes for the Company's first network area in LAC. The quotes are from ZTE, Alcatel- Lucent and Ericsson. We could not ask for more qualified and successful companies to partner with. O2 Secure Wireless will decide which partner(s) will best fit the company for deployment of its LTE Network.
We will inform our shareholders of our decision in the coming weeks O2's ongoing strategy of integrating OTOW domestic and international hi-speed wireless Internet facilities, Mobil Pay and Mobile Internet solutions are currently being reviewed as well," says Val Kazia, CEO of O2 Secure Wireless Inc.
About O2 Secure Wireless (http://o2securewireless.com)
O2 Secure Wireless is a Company that is currently developing numerous wireless tower facilities in the U.S. The Company is also instrumental in the development of wireless broadband communication services domestically and in Latin America and the Caribbean. Under a merger with Earthcom Service Inc., the Company is currently being structured to provide affordable flat rate pre-paid wireless services in developing countries internationally and expanding into Latin America and the Caribbean with the acquisition of Technologies Argus First de Mexico.
Safe Harbor Act: This release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report.
For more information: http://o2securewireless.com
[email protected]
SOURCE O2 Secure Wireless, Inc.
Share this article