One of the key strategies for VelaTel ($VELA) has been to leverage its 4G technology engineers and Taiwan 4G device manufacturers to bring out their own branded 4G devices at VERY attractive price-to-performance levels.
I had a GREAT meeting with ChinaTel Group ($CHTL.PK) today, and want to share some of the highlights with you right away.
Our No. 1 Takeaway is….
ZTE Corp. (which provides telecom equipment and network solutions on the global scale) is backing ChinaTel for eight MORE countries in Central Europe and Russia. This includes ALL capital and operational expenditures to get the networks deployed and selling subscriptions.