WEST PALM BEACH GARDENS, FLORIDA, Aug 25, 2008 (MARKET WIRE via COMTEX) -- Global Peopleline Telecom Inc. (GPPL:global peopleline telecom in com
News, chart, profile, more
Last: 0.15-0.25-62.50%
10:34am 08/25/2008
Delayed quote dataAdd to portfolio
Analyst
Create alertInsider
Discuss
Financials
Sponsored by:
GPPL 0.15, -0.25, -62.5%) -
China Mobility Solutions, Inc. (The "Company") entered into a Letter of Intent with PeopleLine Telecom Inc. (PeopleLine) to acquire approximately 74% of the common stock of PeopleLine. The company changed its name to Global Peopleline Telecom Inc. and was assigned a new symbol "GPPL", effective August 6, 2008. Mr. Edward Gallagher was appointed as Director and CEO of the Company.
Mr. Gallagher was the Chairman of Canada Payphone Corporation, the first private payphone owner and operator in Canada. He was a party to the telecom deregulation through Government Legislation the payphone industry in Canada, and negotiated an exclusive contract for the installation/operation of AT&T payphones for Canada.
PeopleLine is a Public Company (PINK SHEETS: PPTM) incorporated in Nevada and managed from its Vancouver, BC office. It is an established VoIP (Voice over IP) Internet Service Provider offering voice and fax services to some 5,000 residential and business users in the Vancouver area and plans are in place to expand services into other cities. Users are offered a wide selection of VoIP products and services to choose from, all of the popular brand name IP phones and adapters are available on line also over the counter at a PeopleLine VoIP store. Business users have a choice between Managed services and on site VoIP PBX equipment to suit individual needs. PeopleLine VoIP Business solutions cut the overall cost of office communications by over 50% offer more features, simplify moves, additions, telecommuting and management of remote offices, and helps cut the cost of mobile communications.
"As we specialized in mobile marketing, branding and enterprise solutions, it's exciting to merge with PeopleLine, another competitive player in the telecommunication industry. I'm confident that this strategic transaction will draw more attentions and strengthen the position of Global Peopleline," stated Angela Du, President of the Company. We will institute avenues to grow the Company more rapidly through financing and/or potential merger acquisition opportunities.
About The Company.
The Company is able to provide reliable and inexpensive VoIP solutions allowing home and business users to save between 60% and 80% of the cost of their current phone bill. Pricing begins at $9.95 per month for home service, local calls are free and Long Distance charges are prepaid and billed separately. Small Business customers are offered a choice between Hosted IP PBX services and an on site purchased PBX product. The hosted service starts at $30 per line, $5.00 per extension and $6.95 for messaging, the on-premise PBX starts at $995. The hosted service provides all expected features such as caller ID, call forward, conference and transfer, also new features that allow cell phone users to place and receive calls through the PBX. Current products include regular IP phones adapters, wireless routers, WiFi phones, a Virtual PBX, dual-mode WiFi/Cell phone, memory stick phones that can be used anywhere in the world and others, all require broadband access to operate.
The Company has a large base of IP technology, a focused marketing plan and the managerial know how to sell "voice and fax as a service" allowing users to switch without fear to Broadband. We have a loyal group of users, the services are reliable, cash flow from residential and corporate accounts is on the increase and we are driven to carve out a successful niche market in this new era for Telecoms.
Forward-looking statements
This press release contains "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and is subject to the safe harbors created thereby. All statements other than statements of historical facts included in this report, including, without limitation, the statements regarding our mission to become the number one provider of mobile solutions to businesses in China are forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, economic and political factors; developments of the Chinese and North American markets and changes in regulatory matters; our business strategies and future plans of operations; the market acceptance and amount of sales of our products and services; our historical losses; the competitive environment within the industries in which we compete; and our ability to raise additional capital, currently needed for expansion.
The Company cautions that forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements due to several important factors.
Contacts:
Global Peopleline Telecom Inc.
Angela Du
President
(604) 632-9638
Email: GPPL_investors@hotmail.com
SOURCE: Global Peopleline Telecom Inc.
Enjoy to talk with VoIP !
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment