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Re: None

Saturday, 02/12/2005 12:10:40 AM

Saturday, February 12, 2005 12:10:40 AM

Post# of 157300
New item for DD?

Found this on another forum:
*******text follows*********
NewDD?...
GlobeTel's aggreement
GlobeTel Communications Corp. reports that it has reached an agreement with Grupo Ingedigit C.A. to establish a new business to profit from providing U.S. and worldwide financial transaction processing services. The venture will be managed by GTEL operating from its facilities in Miami, Florida and will mirror GI's successful operations in Venezuela.

According to the company, with this new venture, GTEL is expanding its capabilities to profit from the electronic processing of financial transactions. GTEL will now earn fees from its customers' use of their GTEL stored value Magic Money debit and prepaid credit cards for financial transactions, bundled telecom and overseas money remittance services, and, under this new agreement, GTEL will also profit from the processing of these transactions as well as processing transactions on behalf of third party debit and credit card issuers.
***************end of text**************

Is this new?

Caradoc
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