VoxBox World Telecom Inc., Announces That the Tampa Bay Contract Secured by Partner Gulf Coast Wireless Includes an Additional 8,000 Units and Forecasts Revenue to Exceed $9.0 Million Over the Next Five Years
VANCOUVER, BC--(MARKET WIRE)--Jan 18, 2006 -- VoxBox World Telecom Inc., (Other OTC:VXBX.PK - News) today announces through its partnership with Gulf Coast Wireless that the recently announced contract in Tampa Bay will include an additional 8,000 apartment units which will generate $9.0 million over the next five years. The Company has shipped equipment and installation to start immediately. Mr. Prescott, VoxBox CEO, said: "As we have indicated before this is one project of many that we will be announcing over the next several weeks, our relationship with Gulf Coast Wireless is very exciting and it is starting to bring in revenue. We are expecting further announcements in the near future." He further added, "There are 35 to 45 million North Americans living in high-rise multi-density apartments and this represents a huge opportunity for our company and partners. We believe that if we capture only 1% of this opportunity it could potentially equal 350,000 VoxBox subscribers."
VoxBox management feels that this revenue generating deployment for its first multi-unit apartment customers represents a move that shareholders and the investing community should view as a positive and exciting sign of things to come.
VOXBOX WORLD TELECOM, INC.
VoxBox World Telecom Inc. (www.myvoxbox.com) is incorporated in Nevada, and has its corporate office in Vancouver, British Columbia. VoxBox mission is to become a leader in Voice over Internet (VoIP) industry providing service to both consumers and business. |