Telecommunication Stocks In Focus : Pervasip Corp. (OTCMKTS:PVSP), VelaTel Global Communications Inc. (OTCMKTS:VELA)
NEWS ROOM | HOTPENNYSTOCKNEWS | DECEMBER 02, 2013 12:13 AM
MORE SHARING SERVICESSHARE | SHARE ON FACEBOOK SHARE ON TWITTER SHARE ON EMAIL SHARE ON PRINT
Houston, TX –Dec 2, 2013 – (Meshpress.com)- Hotpennystocknews.com issues special report on – Pervasip Corp. (OTCMKTS:PVSP), VelaTel Global Communications Inc. (OTCMKTS:VELA)
Pervasip Corp. (OTCMKTS:PVSP) delivers wholesale voice over IP (VoIP) telephone services for the residential and small business markets and Mobile VoIP through its wholly owned subsidiary, TelcoSoftware.com Corp., which sells under the name of VoX or VoX Mobile. Leveraging a nationwide VoIP network and internally developed proprietary software and product features, VoX offers a private-label digital voice program sold to cable operators, cell phone carriers, WiMax carriers, CLECs, ISPs and resellers. VoX differentiates itself through a unique combination of high quality voice services, flexible back-office capabilities and automated provisioning systems that enable a quick turn-up for service providers and business entities, such as call centers. It offers a feature-rich, low-cost, high-quality alternative to traditional phone services. In addition, VoX offers also offer mobile VoIP services and applications to download to a smartphone or tablet for low domestic and international calling rates. It also offers video calling over the Internet.
PVSP is in distance of -76.00% from its 50-day Moving Average price of $0.01 and -89.87% from its 200-day Moving Average price of $0.0237, at current market price.
Is Investor Showing Any Interest On PVSP? Find Out Here.
VelaTel Global Communications Inc. (OTCMKTS:VELA), founded in May 2008, is a holding company of telecommunications carriers throughout the world. The Company currently holds investments in seven projects; China Motion Telecom (HK) Limited, Novi-Net, Montenegro Connect, Zapna, New Generation Special Network (NGSN), Aerostrong Company Limited, and VN technologies Co. Ltd. The Company’s business model is to combine its engineering and deployment expertise, its equity funding relationship, its vendor partnership, and spectrum, fiber and concession rights assets acquired through subsidiary or joint venture relationships, to create and operate complete networks worldwide.
VelaTel’s present operational focus is on the deployment of telecommunications networks that utilize Wireless Broadband Access (WBA) in emerging international markets using either 2.5 GHz or 3.5 GHz radio frequency spectrum. In addition to its current markets in Eastern Europe and The People’s Republic of China (PRC), VelaTel is investigating opportunities to enter other markets including Russia, India, Singapore, the Philippines, Albania, countries in the Caribbean Islands and Southern Pacific Islands, and countries in the Middle East and North Africa.
VELA is -0.0001 – -8.33% from the previous close of $0.0012. It traded between $0.001 – 0.0013 with total traded volume of 1633281 shares. Keep a close eye on VELA, as the stock has been showing unusual moves over the past weeks. At Current market price, VELA has recovered -89.00% from its 52-week Low of 0.01 and has Pulled back -99.54% from its 52-week high of 0.24.
More details on VelaTel Global Communications Inc, click here.
