Although NBT Equities Research issuer-sponsored research contract ended with VelaTel in January, NBT Equities Research will continue to follow and issue research on the company and the emerging market 4G-LTE market.

We at NBT continue to personally hold @8 million shares in the company and continue to hold a very bullish outlook for VelaTel’s transformation into a high growth 4G-LTE carrier around the world.

We will issue an in-depth update to our 2012-2013 revenue and cash flow forecasts for VelaTel early next week after we conclude meetings with management later this week in San Diego. When VELA has shared the pro-forma forecasts for its various operations, NBT will update its’ sum-of-the-parts valuation for the complete enterprise as well.

VelaTel Global Communications is pleased to announce that on February 6 at 2:30 PM Pacific Time, VelaTel CEO George Alvarez will host a conference call to update shareholders and other interested parties on the operations of the Company.  Over the past several months, the Company has announced several acquisitions and exclusive service contracts, and has completed the commercial launch of its first 4G wireless broadband access network in Peru.  Mr. Alvarez will discuss in detail the operations of the Company and the outlook for each business division, including pro forma financial projections. To participate, call (408) 600-3600 and key in access code 668 989 398, or listen online and type real time questions via Cisco WebEx, Click Here to listen in and type your real time questions, password: vela.

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 currently 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 People’s Republic of China and Peru. Additional target markets include countries in Latin America, the Caribbean, Southeast Asia and Eastern Europe. VelaTel’s administrative headquarters are in San Diego, California. For more information, please visit www.velatel.com.

This press release may contain forward-looking statements that involve risks and uncertainties. Actual results, events and performances could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause the Company's actual results, expressed or implied, to differ materially from expected results. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making an investment decision.

VelaTel Contacts: 

Disclaimer: NBT Equities Research is no longer compensated for issuer-sponsored equities research coverage of Velatel Global Communications, Inc. (VELA)
We continue our research coverage of VELA on an uncompensated basis as part of our 4G-LTE sector coverage.
NBT, Tobin Smith and affiliates continue to hold shares in VELA and anticipate holding or adding shares during our coverage period.

Short URL:

Share This Article

Facebook Twitter LinkedIn Google Buzz

Founder and Editor-in-Chief NBTEquitiesResearch.com. Contributor and Anchor Fox News Channel and Fox Business Network. Chairman & CEO NBT Group,Inc., a boutique private capital investment bank and investor relations organization.

Contact | Follow Tobin Smith on   Twitter | Facebook

.