Monday, December 22, 2008

Nettel Holdings Inc. (NTTL.PK) is “One to Watch”

Headquartered in Longview, Washington, Nettel Holdings Corporation is a holding company owning subsidiaries engaged in diverse business activities. Their mission is to produce successful subsidiaries that are financially viable and freestanding. Their main subsidiaries are in telecommunications and software. Founded in 1999, the Company’s subsidiaries work to develop new and innovative technologies.

Nettel Holdings focuses on nurturing high-growth, high-tech businesses into profitable industry leaders. They provide the necessary financing and business support services that speed the development of their subsidiaries by providing them with targeted resources and services.

Nettel’s telecommunications services business includes advanced voice order processing direct. This handles routing management, settlements, billing, and administration activities for carriers. It also includes voice over Internet protocol services. This consists of residential and commercial long distance, prepaid calling card, PC to phone, unified messaging, and teleconferencing services. The Company’s computer equipment business exports computer electronics equipment.

The Company’s AVOP subsidiary delivers toll quality international call completion services. They also provide the global infrastructure that enables enhanced services such as conferencing and calling cards to expand to international markets quickly and efficiently. Nettel’s Entec Software Consulting builds applications that implement any business functionality, including Business Process Automation, Customer/Contacts Management, Human Resource Management, Accounting/Payroll Management, Financial Information and Billing, and Order Entry and Processing, among others. Their Entec Software operates to provide quality Information Technology Solutions and Consultancy Services to their customers. These are just two examples of the many subsidiaries that Nettel owns.

In late October, Nettel Holdings Inc. announced four new long-term contracts for their Tougi Metals division. Their buyers in Bangladesh ordered $3 million of steel. This contract is a revolving contract and when the contract is complete it will immediately receive renewal for an equal amount. The second contract is from buyers in Vietnam and valued at $760,000. This contract is also a renewable one. The two other contracts are from buyers in India and are valued at over $2 million. These contracts will also automatically renew when completed.

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