MEDIA RELEASE PR38384
ChinaTel Selects KCSA Strategic Communications as Investor Relations Agency of Record
IRVINE, Calif., Feb. 17 /PRNewswire-AsiaNet/ --
ChinaTel Group, Inc. (ChinaTel) (OTC Bulletin Board: CHTL), a leader in
high speed wireless broadband, telecommunications infrastructure, engineering
and construction services, today announced that it has retained KCSA Strategic
Communications, a leading New York-based communications firm, to head the
company's new investor relations and financial communications program.
KCSA will implement a comprehensive investor relations campaign designed to
build greater awareness of ChinaTel following its recently completed $640
million equity financing. Over its nearly four-decade history, KCSA has
established a strong reputation for its work representing numerous public
companies. Todd Fromer, Managing Partner of KCSA will lead the investor
relations team and provide strategic counsel on financial communication
matters. Lewis Goldberg will head KCSA's public relations efforts for ChinaTel.
ChinaTel's CEO, George Alvarez, stated, "This is the beginning of a very
exciting chapter in our growth. Our recently completed $640 million equity
investment provides us with ample capital to deploy and operate wireless
broadband telecommunications networks in 29 cities in the People's Republic of
China (PRC). With the financing behind us and a clear vision for growth, we
believe that now is the right time to begin articulating ChinaTel's story to
investors."
"We chose KCSA as our agency of record for their proven track record of
success with helping micro- and small- cap companies increase awareness within
the investment community. We look forward to working with the team at KCSA to
help us achieve our goals of increasing our shareholder base and creating a
market value that is more inline with the opportunity for our rapidly growing
business," added Mr. Alvarez.
Todd Fromer, Managing Partner of KCSA Strategic Communications, stated,
"ChinaTel's potential for growth and expansion is impressive. We are excited to
work with management to communicate the Company's tremendous market
opportunity. We believe ChinaTel has many positive milestones on the horizon
and we look forward to implementing targeted investor and media programs that
will help increase awareness and understanding of the Company within the
financial community."
About KCSA Strategic Communications
Founded in 1969, KCSA Strategic Communications (www.kcsa.com) is an
integrated communications agency that helps clients synchronize their brand
messages across investor relations, public relations and all other strategic
marketing channels. The firm offers its clients a rare opportunity to achieve
true brand alignment and develop close, meaningful relationships with their key
audiences. KCSA is a founding member of ECP Global (www.ecpglobal.com), an
international alliance of premier independent communication consultancies.
About ChinaTel Group, Inc.
ChinaTel Group, Inc. (ChinaTel), through its controlled subsidiaries,
provides fixed telephony, conventional long distance, high-speed wireless
broadband and telecommunications infrastructure engineering and construction
services. ChinaTel is presently building, operating and deploying networks in
Asia and South America: a 3.5GHz wireless broadband system in 29 cities across
the People's Republic of China (PRC) with and for CECT-Chinacomm Communications
Co., Ltd., a PRC company that holds a license to build the high speed wireless
broadband system; and a 2.5GHz wireless broadband system in cities across Peru
with and for Perusat, S.A., a Peruvian company that holds a license to build
high speed wireless broadband systems. ChinaTel's vision remains clear: (i) to
acquire and operate wireless broadband networks in key markets throughout the
world; (ii) to deliver a new world of communications; and (iii) and invest in
building long-lasting relationships with customers and partners to lead the
broadband industry in customer service and responsiveness. Our strategy is to
build leading-edge IP-leveraged solutions advanced by our worldwide
infrastructure and leadership in emerging markets. www.ChinaTelGroup.com
Safe Harbor Statement
This press release contains 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.
This release is available on the KCSA Strategic Communications Web site at
www.kcsa.com.
KCSA Strategic Communications Contacts:
Investors:
Todd Fromer / Marybeth Csaby
212-896-1215 / 212-896-1236
[email protected] /
[email protected] Media:
Lewis Goldberg
212-896-1216
[email protected] SOURCE: ChinaTel Group, Inc.
CONTACT: KCSA Strategic Communications Contacts:
Investors,
Todd Fromer,
+1-212-896-1215,
[email protected],
Marybeth Csaby,
+1-212-896-1236,
[email protected], or
Media,
Lewis Goldberg,
+1-212-896-1216,
[email protected] To view this and other AsiaNet releases please visit http://www.asianetnews.net