Telco Cuba, Inc. Executes Definitive Distribution Agreement With Disashop
HOLLYWOOD, Fla., June 30, 2015 /PRNewswire/ -- Telco Cuba, Inc. (OTCPK: SUGO) Telco Cuba, Inc. A publicly traded internet and telecom provider is proud to announce that it has executed a definitive distribution agreement with Spain's Disashop (www.disashop.com) to provide retail sales points for, International calling cards, sim cards, means of payment, and purchase reloadable minutes in the United States for Europe, South and Central America, and Cuba.
"This distribution agreement will allow Telco Cuba, Inc. to add two to three kiosks over the next ten days with projections to have one hundred over the next three quarters. These kiosks generate a minimum of three thousand dollars per month, up to five thousand dollars a month on average."
Telco Cuba, Inc. will own these machines, and place them in strategic areas such as local supermarkets, airports, retailers, and mini-marts under our Telco Cuba, Inc. branding. Disashop will also offer their point of sale system that will allow customers to purchase minutes at the check out of their local super market or retail drug store.
"The addition of the Disashop kiosks' under our Telco Cuba brand name will provide our customers with a necessary and convenient point of sale where they can purchase reloadable minutes for our phones. These kiosks are state of the art and can handle multiple products and transactions; the return on investment of these units will be substantial, providing us with a first line of sales and marketing of our products. Additionally, our strategic alliance with Disashop positions Telco Cuba at the forefront of Cuba's burgeoning mobile industry by providing us with a pilot program for the eventual installation of these kiosks in Cuba by Telco Cuba, Inc.. We will also have a kiosk available at the Havana trade show from November 2nd to the 8th, 2015. Plain and simple we generate income by reselling minutes and cell phone." said William Sanchez of Telco Cuba, Inc.
About Disashop, Inc.
Disashop, headquartered in Spain has operations throughout Europe, Central and South America,
The United States, and Caribbean nations such as Cuba. Disashop is a market leader in the electronic kiosk payments for the mobile industry. They had over $700 million in revenue in 2014. The company entered the US market in 2011 and has distributors in California, Oregon, Washington State, New York, and Florida where the corporate office is located. They have more than 1000 active points of sale.
Telco Cuba connecting The USA with CUBA.
About TelcoCuba, Inc
Founded in 2001, Amgentech -- the parent company of TelcoCuba -- has been providing telecommunication and Internet based solutions and services for over 14 years. Amgentech has generated over 7 million dollars in revenue. TelcoCuba is launching best of breed communication services including, but not limited to VoIP, Calling Cards and direct SMS messaging in the US and between the US and Cuba. For more information visit (http://www.telcocuba.com & http://pr.telcocuba.com)
Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
William J Sanchez
[email protected]
+1-305-747-7647
http://www.telcocuba.com
http://www.amgentech.com
SOURCE TelcoCuba, Inc.
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