In a current article from November 26, 2020, André Will-Laudien, author at News.Financial, writes about the companies Deutsche Telekom, Tencent, and Upco International. You can find the complete article here.
Here is an excerpt from this article:
UPCO INTERNATIONAL – NEXT EXPANSION STEP
Upco International Inc. is a Vancouver and New York City based Company for comprehensive digital services on the Web and Mobile Net. It offers competitive, high-quality, data-protected telecommunications and a globally functioning social payment platform, especially in niche markets. The Company’s primary product is services within the international Voice over IP wholesale market.
On November 18, the Company announced a new development step. It signed the acquisition of the Equinox Group, a telecommunications Company from the Dominican Republic with wholesale operations in the US and peripheral Caribbean markets. The new partner operates offices in Miami, Florida and the Dominican Republic. The agreement strengthens UPCO’s presence in Spanish and French-speaking countries in the Southern Hemisphere and opens the door to new markets. The transaction also reflects UPCO’s healthy development in the local telecom business.
UPCO’s new carving-out solution enables operators and digital players worldwide to better manage the complexity of the international voice telephony business. It does this by offering competitive pricing to their customers and reducing internal routing costs, which will significantly increase profitability and quality within the Group while ensuring faster time to market for new international services. The speculative value has a capitalization of only CAD 5.9 million at a price of CAD 0.06 per share, with each step of expansion the Group is growing into a higher dimension.
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