"As the story goes, Waterford, a private international investment group, acquired a 42%interest in NNRGA on May 9, 1996. The company's goal is to acquire non-regulated telecommunications companies in a debt-free, public umbrella (i.e. NNRGA). On June 26, Waterford moved on their first target, acquiring Telecom Technologies (TTI) a telephone service provider offering satellite telephone centers and debit card operations in the western United States. TTI adds approximately $3,000,000 in revenues and about $400,000 in profits. "
Looks interesting! Wish I would have been there. In any event, the above information represents about 100% more than we know about NETZ. |
