SAN DIEGO, July 18, 2013 (GLOBE NEWSWIRE) -- VelaTel Global Communications (OTCQB:VELA), a leader in deploying and operating wireless broadband and telecommunication networks worldwide, today announced its wholly owned subsidiary, China Motion Mobile (CMMobile), is continuing to expand its service area throughout Asia by now offering its service in Macau. Macau is one of the two special administrative regions of the People's Republic of China (the other being Hong Kong), its economy is heavily dependent on gambling and tourism, but also includes manufacturing. This is a natural next step for CMMobile with over 25 million visitors traveling between Hong Kong, China, Taiwan and Macau, accounting for 89% of all Macau's 28 million inbound tourists. "We are pleased to be able to respond to our current customers' needs by extending our unique service to Macau," says Peter Hung CEO of CMMobile.
CMMobile is one of the original, continuously operating MVNOs (Mobile Virtual Network Operators) in Hong Kong providing a unique carrier grade multi-number GSM cell phone solution. CMMobile's solution allows its 100,000+ subscribers to acquire local GSM phone numbers across multiple countries/regions, integrating these numbers into a single GSM SIM card that will operate in a variety of unlocked (smart or older) GSM phones. When traveling between China, Hong Kong, Taiwan, and Macau, CMMobile customers avoid expensive international roaming charges without the need to configure VoIP applications, swap SIM cards, or configure cumbersome call-forwarding options.
VelaTel purchased CMMobile on March 1, 2013, as part of its global expansion. "CMMobile's unique and proven multi-number cell phone service fits perfectly into our global telecom strategy. We believe this type of service has great possibilities, introducing into Macau is just the beginning as we expand this service worldwide," said George Alvarez CEO of VelaTel.
About VelaTel Global Communications, Inc.
VelaTel acquires spectrum assets through acquisition or joint venture relationships, and provides capital, engineering, architectural and construction services related to the build-out of wireless broadband telecommunications networks, which it then operates by offering services attractive to residential, enterprise and government subscribers. VelaTel focuses on emerging markets where internet penetration rate is low relative to the capacity of incumbent operators to provide comparable cutting edge services, and/or where the entry cost to acquire spectrum is low relative to projected subscribers. VelaTel currently has project operations in Hong Kong, People's Republic of China, Croatia, Montenegro and Peru. Additional target markets include countries in Latin America, the Caribbean, Southeast Asia and Eastern Europe. VelaTel's administrative headquarters are in Carlsbad, California. For more information, please visit www.velatel.com.
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