VelaTel Global, a holding company of various telecommunications carriers in China and Peru, announced today that it has signed up over 7,000 potential customers in Peru, through its subsidiary, Perusat. Peruvians signed up to an “interested customer list” for GO MOVIL, a recently launched wireless broadband 4G network covering seven target cities in Peru. Product samples have been tested and commercial units are due for delivery in the next 15 days, when the company will begin fulfilling orders and generating subscriber revenue.
VelaTel CEO, George Alvarez, commented on the high interest in the service, “We are confident that the vast majority of our ‘interested customers’ will become GO MOVIL subscribers. GO MOVIL is signing on about 150 people per day between our five recently opened stores. At this pace, VelaTel expects to well-exceed its previously announced expectations to sign up 16,000 customers for the first full year of operations.” He continued, “Assuming a monthly average revenue per subscriber of US$20, revenues from GO MOVIL could easily reach many millions of dollars in our first year of operations. Additional store openings could continue to accelerate our potential subscriber and revenue numbers in 2012.”
The company’s Head of Marketing, Ryan Alvarez, added, “It has been very rewarding to have people literally waiting in line — some tens at a time — to sign-up to receive a particular product or monthly service plan. Our store traffic has been primarily through word-of-mouth advertising. We may consider implementing a larger-scale customer outreach program in the near future to further boost sales at each store.”
VelaTel acquires spectrum assets through acquisition or joint ventures, providing capital, engineering, and other services to develop wireless broadband telecommunications networks. It then operates the networks, serving residential, commercial, and government customers. In addition to projects in China and Peru, the company is targeting Latin America, the Caribbean, Southeast Asia, the Middle East, and Eastern Europe.
For additional information, visit the company’s website at visit www.velatel.com
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