Affordable Telecommunications Technology Implements Multi-Carrier Business Strategy; Creates Wireless Superstores Featuring the Nation's Top Carriers.Business/Technology Editors HOUSTON--(BUSINESS WIRE)--Oct. 30, 2001 Affordable Telecommunications Technology Corp. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: ATTP ATTP Appalachian-Turkish Trade Project ATTP Apprenticeship and Traineeship Training Program (NSW, Australia) ATTP Advanced Technology Transition Process aTTP Acute Thrombotic Thrombocytopenic Purpura ), a rapidly growing provider and marketer of wireless telecommunications products and services, today announced that it is implementing a multi-carrier business strategy to build a wireless superstore retail network. To-date, Affordable Telecommunications has signed marketing agreements with the nation's leading wireless providers: Nextel; Sprint PCS (1) (Personal Communications Services) Refers to wireless services that emerged after the U.S. government auctioned commercial licenses in 1994 and 1995. This radio spectrum in the 1. ; AT & T Wireless; VoiceStream; Cingular Wireless; Metrocall; Arch Wireless; Weblink Wireless and Link Two, a subsidiary of Eagle Broadband. These agreements authorize To empower another with the legal right to perform an action. The Constitution authorizes Congress to regulate interstate commerce. authorize v. to officially empower someone to act. (See: authority) Affordable to market and resell each carrier's wireless products and services among its nine retail stores. Steve Bethke, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Affordable Telecommunications Technology, stated, "By forming marketing alliances with all the major players in the wireless telecommunications industry, Affordable has created a `superstore' network where consumers can get comprehensive information on each provider and determine which products and services best suit their lifestyle and budget. This tailored marketing puts Affordable at an advantage to accelerate sales volume. Collectively, these marketing agreements should contribute from $2,000,000-$3,000,000 in annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. revenues." About Affordable Telecommunications Technology Affordable Telecommunications Technology capitalizes on the explosive two-way messaging products and services sector- a market projected to reach $300 million in annual sales with over 11 million units sold by 2004. Affordable markets pre-paid and post-paid wireless telecommunications products and services and through nine retail stores. The Company employs a 40-person retail sales force. Located in South Texas and Louisiana, Affordable's retail stores include The Wireless Store, Camera's Etc. and Beeper beeper - pager Boutique. Affordable is focused on expanding its distribution channels and lowering customer acquisition costs. Through its wholly-owned subsidiary, ZMail Media, Affordable cross-sells its products on public Internet Access See how to access the Internet. Terminals throughout the U.S. Certain statements in this news release may contain forward-looking information within the meaning of Section 21E of the Exchange Act and Section 27A of the Act. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward- looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. For additional information, see www.thewirelessstore.net and www.otcfn.com/attp. |
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