Velatel Global Comm. (fka VELA)

[Krisandtilly]

Approval granted
Successful completion
now deals soon to be announced.

China is one of the world’s fastest growing economies. In April 2012 it was announced that China’s Ministry of Industry and Information Technology had granted approval of VelaTel subsidiary VN Technologies’ fuel cells for use in Chinese BTS. Since the announcement the company has successfully completed trials for China Mobile and China Telecom. The market potential here is vast: China Mobile is the largest mobile operator in the world with 650 million subscribers and China Telecom is the country’s largest fixed-line phone company with over 200 million subscribers. - See more at: http://www.fuelcelltoday.com/analysis/analyst-views/2013/13-06-05-why-fuel-cells-for-telecoms-backup-is-a-good-call#sthash.IYifXDMs.p7vFtUSI.dpuf