US National Telecom negotiates Voip calls to Cuba deal
Posted: 29 March 2008 02:10 PM   [ Ignore ]
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Press Release

US National Telecom (OTC:USNT.PK), through its wholesale subsidiary, has taken steps to benefit from the regime change in Cuba and yesterday began interop testing of a voice traffic route to Cuba. The demand for voice traffic capacity to Cuba is at an all-time high, especially from prepaid phone card companies in Florida and New York. Millions of minutes of voice traffic are anticipated for these new routes, with the potential to bring in upwards of $550,000 in additional annual revenue. Due to the trade embargo with Cuba, the subsidiary will legally operate like all other USA telcos by sending traffic to licensed non-USA telecom carriers which in turn have direct connections to Cuba.

USNT President G. Giagnocavo said, “Because of our experience in other Latin American countries, I am confident that the ability to handle voice traffic to Cuba will give us a decided advantage over many other telecom companies.”

While execution and cost projections have proven the venture will be profitable, the project is now currently pending corporate counsel’s review of current trade laws regarding the embargo in place with Cuba.

USNT is a growing family of New Generation tech companies using Internet-enabled voice technology, called VoIP. VoIP technology allows the Company’s network to receive an incoming call and direct it to a local USA Internet/telco POP (point of presence) where the call is then transported over the Internet to its intended recipient.

The current share structure of USNT is 460,083,750 shares outstanding with 240,763,800 Restricted and 2,000,000 Preferred shares.

About US National Telecom (USNT)

US National Telecom is a publicly traded technology company, headquartered in Denver, Colorado. The Company is working to create a large VoIP company by expanding its international voice traffic and seeks to acquire companies in the VoIP marketspace. USNationalTelecom.com

Safe Harbor Statement: This release includes forward-looking statements, made pursuant to the safe harbor provisions of the PSLA of 1995, that involve major risks and uncertainties based on what may be faulty assumptions or inaccurate statements. Financial information is based on revenue and deposits for services, is unaudited and subject to restatement. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

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Posted: 03 April 2010 09:29 AM   [ Ignore ]   [ # 1 ]
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QUOTE: US National Telecom (OTC:USNT.PK), through its wholesale subsidiary, has taken steps to benefit from the regime change in Cuba and yesterday began interop testing of a voice traffic route to Cuba. The demand for voip voice Voip Calls traffic capacity to Cuba is at an all-time high, especially from prepaid phone card companies in Florida and New York. Millions of minutes of voice traffic are anticipated for these new routes, with the potential to bring in upwards of $550,000 in additional annual revenue. Due to the trade embargo with Cuba, the subsidiary will legally operate like all other USA telcos by sending traffic to licensed non-USA telecom carriers which in turn have direct connections to Cuba.

Seems to me there have been (unauthorized) traffic routes for a while?  But this is a extremely positive step to formalize and legalize the traffic to Cuba which will only benefit the citizens there—as well as save money for those of us here who frequently call Cuba.

[ Edited: 28 February 2015 10:11 PM by CassKessler ]
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