| Best
Voip Service Providers Chart |
 |
|
$9.95
- $16.58 |
|
 |
|
$19.99
- $39.99 |
|
 |
|
$9.95
- $15.95 |
|
Y-Tel International Completes Funding Agreement for $1.2 Million15 December 2005
Y-Tel International (OTC BB: YTLI), a provider of
telecommunications, VoIP and Wi-Fi services and devices, announced today it
has entered into an agreement with Mercatus & Partners, LP to bring more
than $1.2 million in funding to the company. Y-Tel CEO John Conroy heralded
the deal as a positive step towards the company's planned expansion of its
Wi-Fi network.
The funding agreement, signed December 6, 2005, is expected to close within
30 days or sooner from the date of signature.
"We have sought to continuously improve our service offerings in Wi-Fi,
particularly with our recent project in Nacogdoches, Texas," Conroy said.
"This funding makes it possible to expand our Wi-Fi network and develop new
services for current clients."
Conroy said the funding helps Y-Tel follow suit with municipalities like
New Orleans and Tempe, Ariz., which both recently announced significant
wireless service offerings to their residents. New Orleans is deploying
the nation's first municipally owned Wi-Fi network with assistance from
Tropos Networks, Inc. and Intel Corp. Tempe, Arizona is deploying a
similar 40-mile radius Wi-Fi network using mesh network equipment from
Strix Systems.
The joint project between Y-Tel and ISP Dotcom in Nacogdoches represents
the first full Wi-Fi network rollout for Y-Tel. Conroy said the
additional funding will aid Y-Tel in providing Wi-Fi and VoIP calling
solutions to Nacogdoches subscribers.
About Y-Tel International
Y-Tel is in the telecommunications industry with a Telecom HUB located in
Dallas, Texas. Y-Tel is working toward becoming one of the leading
providers of Wi-Fi telecommunication services to International carriers and
Internet Service Providers (ISPs). Y-Tel recently completed installation of
a fully redundant Wi-Fi Network for terminating calls to many countries
around the world and an around-the-clock, 24/7 Network Operations Center
(NOC) to help provide the finest customer service possible.
To learn more visit http://www.ytelwifi.com.
Contact:
Y-Tel International
contact@ytelinc.com
SOURCE: Y-Tel International, Inc
Source: marketwire
All trademarks and copyrighted information contained herein are the property of their respective owners.
Related Telecom Articles
|
