American TeleSource International Inc. Completes Acquisition of Computel.SAN ANTONIO, Texas--(BUSINESS WIRE)--Sept. 16, 1997--American TeleSouce I (CANADIAN DEALING NETWORK Canadian Dealing Network (CDN) The organized OTC market of Canada. Formerly known as the Canadian Over-the-Counter Automated Trading System (COATS), the CDN became a subsidiary of the Toronto Stock Exchange in 1991. ATIL. ) American TeleSource International Inc. ("ATSI") completes its acquisition of 100 percent of the stock of Mexico's largest private caseta operator, Sistema de Telefonia Computarizada, S.A. de C.V. ("Computel"). Through its acquisition of Computel, ATSI now operates 134 casetas (public calling stations) in 72 cities throughout Mexico. Arthur L. Smith, president of ATSI states "these point-of-sale distribution channels are important to ATSI's marketing strategy for Mexico. These locations provide local telephone calls, domestic and international long distance, collect, calling and credit card calls, voice mail, fax transmission and reception." H. Douglas Saathoff, ATSI's chief financial officer states, "ATSI benefits by balancing its international long distance traffic, with Computel's intra-Mexico long distance traffic. The result is increased revenue and lower transmission rates to ATSI. The Company's consolidated 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 have grown to in excess of U.S. $20 million with this acquisition." American TeleSource International, Inc. is the owner of The San Antonio International
San Antonio International was an American soccer club based in San Antonio, Texas that was a member of the Lone Star Soccer Alliance. Teleport, and is a provider of international networks for voice, data, fax, and Internet, as well as call services for domestic and international long distance. ATSI, with corporate headquarters in San Antonio, Texas “San Antonio” redirects here. For other uses, see San Antonio (disambiguation). San Antonio is the second most populous city in Texas, the third most populous metropolitan area in Texas, and is the seventh most populous city in the United States. As of the 2006 U.S. , currently trades under the symbol "ATIL.CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. " on the Canadian Dealing Network (CDN) in Toronto. CONTACT: American TeleSource International Inc. Don L. Merrill, Jr., 210/558-6090 210/ 558-6095 (FAX) Internet: http://www.atsi.net CUSIP CUSIP See: Committee on Uniform Securities Identification Procedures CUSIP See Committee on Uniform Securities Identification Procedures. : 029911104 |
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