TKO Telkonet Sells Its Interest in BPL Global, Ltd. ( M2 - 10 Mete s ) B: Telkonet Sells Its Interest in BPL Global, Ltd. ( M2 - 10 Meters )
Telkonet, a technology solutions provider for broadband networking, end-to-end service support and energy management, announced that on November 7, Telkonet sold its interest in BPL Global, Ltd., a privately-held company, to certain existing stockholders of BPL Global.
The aggregate purchase price was $2,000,000 in cash payable to Telkonet. There were no commissions paid by the company in connection with this transaction. In early 2005, Telkonet invested a total of $131,044 in BPL Global.
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