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Oblio Telecom and Sprint Join Forces to Distribute International Prepaid Cards.


OVERLAND PARK Overland Park, city (1990 pop. 111,790), Johnson co., NE Kans., a residential suburb of Kansas City; inc. 1960. There is printing and publishing, and the manufacture of apparel, aircraft parts, cement, prepared foods, salt, chemicals, marine accessories, and signs. , Kan. -- Sprint (NYSE NYSE

See: New York Stock Exchange
: S) and Oblio Telecom (a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of Titan Global Holdings) (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB: TTGL TTGL Tengen Toppa Gurren Lagann (anime)
TTGL Tactical Training Group Atlantic
) have announced an agreement to distribute targeted international, private-label prepaid products. Oblio Telecom, one of the largest distributors of international prepaid products in the U.S., will distribute the Sprint private-label prepaid cards to retail and other businesses via its distribution network.

"Sprint has a history of providing prepaid cards that offer quality service and high value to its customers," said David Bottoms, vice president indirect retail for Sprint. "Our relationship with Oblio Telecom will allow us to reach prepaid calling card customers who have a real need to connect with their friends and family overseas. Marketing within the international prepaid card business requires a partner, like Oblio Telecom, who has a proven distribution strategy for reaching this important group of customers."

Sprint will immediately offer 25 differentiated private-label prepaid products through its Oblio Telecom relationship and expects to launch additional products in the coming months.

"Oblio Telecom has a rich history of delivering quality product to the prepaid market place. Oblio Telecom distributes prepaid calling cards through a growing retail network which covers an estimated 60,000 locations nationwide and in Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. ," said Kurt Jensen, 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 Oblio Telecom. "This strategic partnership with Sprint will enable Oblio Telecom to further distinguish itself as a high quality leader in the prepaid industry."

"We are excited to add Sprint private-label prepaid calling cards to our product offerings," said Bryan Chance, Chief Financial Officer of Titan Global Holdings and Oblio Telecom. "Sprint is a very desirable strategic partner given its exceptional financial stability, integrity, and commitment to customer service and quality."

About Oblio Telecom

Oblio Telecom is a wholly owned division of Titan Global Holdings, Inc. and is a market leader in prepaid telecommunications services. Oblio Telecom provides a broad array of prepaid international calling cards through a distribution network covering an estimated 60,000 retail locations nationwide and in Puerto Rico. In addition, Oblio Telecom recently launched BRAVO Cellular, a prepaid wireless communication service.

About Sprint Nextel Sprint Nextel Corporation (NYSE: S) is one of the largest telecommunications companies in the world. With 55 million subscribers, Sprint Nextel operates the third largest wireless telecommunications network in the United States (based on total wireless customers), behind  

Sprint Nextel offers a comprehensive range of communications services bringing mobility to consumer, business and government customers. Sprint Nextel is widely recognized for developing, engineering and deploying innovative technologies, including two robust wireless networks offering industry leading mobile data services; instant national and international walkie-talkie capabilities; and an award-winning and global Tier 1 Internet backbone.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 12, 2006
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