Telco Cuba, Inc. Executes Definitive Distribution Agreement With Disashop
HOLLYWOOD, Fla., June 30, 2015 /PRNewswire/ -- Telco Cuba, Inc. (OTCPK:
SUGO) Telco Cuba, Inc. A publicly traded internet and telecom provider
is proud to announce that it has executed a definitive distribution
agreement with Spain's Disashop (www.disashop.com) to provide retail
sales points for, International calling cards, sim cards, means of
payment, and purchase reloadable minutes in the United States for
Europe, South and Central America, and Cuba.
"This distribution agreement will allow Telco Cuba, Inc. to add two to
three kiosks over the next ten days with projections to have one hundred
over the next three quarters. These kiosks generate a minimum of three
thousand dollars per month, up to five thousand dollars a month on average."
Telco Cuba, Inc. will own these machines, and place them in strategic
areas such as local supermarkets, airports, retailers, and mini-marts
under our Telco Cuba, Inc. branding. Disashop will also offer their
point of sale system that will allow customers to purchase minutes at
the check out of their local super market or retail drug store.
"The addition of the Disashop kiosks' under our Telco Cuba brand name
will provide our customers with a necessary and convenient point of sale
where they can purchase reloadable minutes for our phones. These kiosks
are state of the art and can handle multiple products and transactions;
the return on investment of these units will be substantial, providing
us with a first line of sales and marketing of our products.
Additionally, our strategic alliance with Disashop positions Telco Cuba
at the forefront of Cuba's burgeoning mobile industry by providing us
with a pilot program for the eventual installation of these kiosks in
Cuba by Telco Cuba, Inc.. We will also have a kiosk available at the
Havana trade show from November 2nd to the 8th, 2015. Plain and simple
we generate income by reselling minutes and cell phone." said William
Sanchez of Telco Cuba, Inc.
About Disashop, Inc.
Disashop, headquartered in Spain has operations throughout Europe,
Central and South America,
The United States, and Caribbean nations such as Cuba. Disashop is a
market leader in the electronic kiosk payments for the mobile industry.
They had over $700 million in revenue in 2014. The company entered the
US market in 2011 and has distributors in California, Oregon, Washington
State, New York, and Florida where the corporate office is located. They
have more than 1000 active points of sale.
Telco Cuba connecting The USA with CUBA.
About TelcoCuba, Inc
Founded in 2001, Amgentech -- the parent company of TelcoCuba -- has
been providing telecommunication and Internet based solutions and
services for over 14 years. Amgentech has generated over 7 million
dollars in revenue. TelcoCuba is launching best of breed communication
services including, but not limited to VoIP, Calling Cards and direct
SMS messaging in the US and between the US and Cuba. For more
information visit (http://www.telcocuba.com & http://pr.telcocuba.com)
Safe Harbor Act: Forward-Looking Statements are included within the
meaning of Section 27A of the Securities Act of 1933, and Section 21E of
the Securities Exchange Act of 1934, as amended. All statements
regarding our expected future financial position, results of operations,
cash flows, financing plans, business strategy, products and services,
competitive positions, growth opportunities, plans and objectives of
management for future operations, including words such as "anticipate,"
"if," "believe," "plan," "estimate," "expect," "intend," "may," "could,"
"should," "will," and other similar expressions are forward-looking
statements and involve risks, uncertainties and contingencies, many of
which are beyond our control, which may cause actual results,
performance, or achievements to differ materially from anticipated
results, performance, or achievements. We are under no obligation to
(and expressly disclaim any such obligation to) update or alter our
forward-looking statements, whether as a result of new information,
future events or otherwise.
Contact:
William J Sanchez
ir@telcocuba.com
+1-305-747-7647
http://www.telcocuba.com
http://www.amgentech.com
SOURCE TelcoCuba, Inc.
Source: Telco Cuba, Inc. Executes Definitive Distribution Agreement With
Disashop -- HOLLYWOOD, Fla., June 30, 2015 /PRNewswire/ -- -
http://www.prnewswire.com/news-releases/telco-cuba-inc-executes-definitive-distribution-agreement-with-disashop-300106687.html
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