NEW YORK, NY, Jan 08, 2007 (MARKET WIRE via COMTEX) -- Asia Telecom Ltd. (PINKSHEETS: ATLJ) is proud to announce that its operating subsidiary has completed a joint venture with BAK Telecom, the largest telecom company in Azerbaijan that provides calling cards for long distance.
It is estimated that the joint venture should see operating revenues of US $30,000,000 in the first year of operation.
About Asia Telecom Ltd.
Asia Telecom Ltd. intends to become a VoIP telecommunications company with a strategic focus on establishing and maintaining operations in Central Asia and Eastern Europe.