Wireless Providers & Telecommunication Companies Focus on Expanding International Operations as Telcom Company Enters Multi-Billion Dollar Mobile Remittance Industry in Cuba

CORAL SPRINGS, Florida, June 26, 2015 /PRNewswire/ --

Cellular/Mobile Industry revenues have been growing steadily both globally and nationwide and analysts indicate new operations & services such as the global remittance market could easily be valued at almost $600 Billion this year alone.  Wireless/Telcom Companies expanding operations in focus today are: Telco Cuba, Inc. (OTC: SUGO), Sprint (NYSE: S), T-Mobile (NYSE: TMUS), AT&T (NYSE: T), Verizon (NYSE: VZ) and Rogers Communications (NYSE: RCI).

Telco Cuba, Inc. (OTC: SUGO), a publicly traded internet and telecom provider, is proud to announce that it has executed a distribution agreement with one of the largest Multinational Telecom providers to provide retail points, sim cards, international calling cards, means of payment, and reloadable minutes in the United States for CUBA.  "This distribution agreement will allow us to add, kiosks, POS systems to supermarkets, airports, retailers, minimarts under our Telco Cuba, Inc. name. This will also provide a necessary and convenient point of sale to both Americans and Cubans seeking an easier and more accessible way to purchase and receive reloadable minutes for our mobile cell phones. This strategic alliance positions Telco Cuba to create a recurring revenue model". Said William Sanchez of Telco Cuba, Inc. " We seek to build long term value and transparency for our shareholders," He went on to say.

Read the full SUGO Press Release at  http://www.financialnewsmedia.com/profiles/sugo.html

In addition, Telco Cuba, Inc. is pleased is to announce an updated 8K has been filed with the corrected share count of 46 million and has retained RBSM Accountants and Advisers LLCP as the PCAOB certified financial auditors.  Telco Cuba, Inc. is determine to be an industry leader in the Cuban Telecom Market and will be announcing the roll out of the kiosk in supermarkets, airports, retailers, mini-marts and wherever our target demographic resides. Our timing of entry into the Cuba market is perfect following President Obama's announcement of the reestablishment of normalized relations between the two countries.

In other wireless/telcom news and happenings:  Both Sprint (NYSE: S) and T-Mobile (NYSE: TMUS) are making it easier to contact friends and family members living in Cuba. On Monday, both wireless providers introduced options to dial the island nation.  Sprint has announced the immediate availability of a new Sprint Cuba 20 Plus add-on feature. Priced at $10 per month, it provides 20 voice minutes to any phone line in Cuba. Additional minutes will cost 70 cents each; new and existing customers can add the bundle to phone plans.  T-Mobile's prepaid arm, MetroPCS, reaches out across the sea to add Cuba to its World Calling plan. For $10 a month, customers can place unlimited calls to land lines in more than 75 countries, and unlimited texts to most countries.  Read the full article at http://www.cnet.com/news/sprint-t-mobile-intro-calling-options-for-cuba/

In a meeting with Mexico President Enrique Peña Nieto, AT&T1 Chairman and CEO Randall Stephenson announced that AT&T (NYSE: T) plans to invest approximately US$3 billion to extend its high-speed, mobile Internet service to Mexico, covering 100 million people in Mexico by year-end 2018. This is in addition to the US$4.4 billion AT&T invested earlier this year to acquire Iusacell and NEXTEL Mexico.  "We are building a network in Mexico that is capable of bringing innovation and economic vitality to the country, just as we have done in the U.S.," Stephenson said. "We plan to deliver high-quality, high-speed mobile Internet service to Mexico, creating the first-ever North American Mobile Service Area covering 400 million people and businesses in Mexico and the U.S. This seamless network will link together our two countries' economies, people and cultures like never before.

Verizon (NYSE: VZ) has announced a multi-year content licensing agreement with Scripps Networks Interactive, one of the world's leading developers of lifestyle video content, for Verizon's mobile first video offering. The agreement includes content from Scripps Networks Interactive brands including Food Network, HGTV, Travel Channel, DIY Network and Cooking Channel and will be available to Verizon Wireless customers later this year.

Rogers Communications (NYSE: RCI) will immediately boost speed and quality for wireless customers in BC, Alberta and Southern Ontario as part of a series of transactions announced. The transactions mean Rogers is completing the previously announced acquisition of Shaw's AWS-1 spectrum and acquiring 100% ownership of Mobilicity. The company is also divesting, post transaction, certain AWS-1 spectrum to WIND Mobile that is contiguous to their spectrum holdings.

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