O2 Secure Wireless, Inc. announces its near completion of its acquisition of Technologies Argus First de Mexico

ST. AUGUSTINE, Fla., Dec 22, 2014 /PRNewswire/ -- O2 Secure Wireless, Inc. (OTC PINK: OTOW), is pleased to announce it is finally near completion in the company's first major milestone for its shareholders.  The closing of the acquisition of Technologies Argus First de Mexico catapults O2 Secure Wireless Inc. into a new competitive arena of wireless technologies.

"Working side by side with Val Kazia and his company O2 Secure Wireless Inc. has been very exciting for our group knowing our company we have worked so hard to grow will now be public," said Luis Galvis president of Technologies Argus First de Mexico S.A de C.V. "We will continue to grow at an exponential rate with this new partnership." Luis Galvis continues to say.

The immediate plan is to expand the OTOW Network in Latin America and the Caribbean (LAC). With the acquisition of Technologies Argus First de Mexico, O2 Secure Wireless, Inc. puts its footprint in the fastest growing telecommunications region. With Latin America and the Caribbean (LAC) being a region that includes some of the world's most important emerging markets, 2014 telecom service spending is forecasted to end the year at $201 billion.

"As I have previously stated, with the future 20 million dollars in revenue coming to company and the new contracts that are awaiting the closure of the acquisition we will be in the competitive arena for wireless telecommunications. This is arena worth billions and with the new year on the horizon, we look for new beginnings." said the CEO of O2 Secure Wireless, Inc. Val Kazia.

Like the rest of the world, LAC is turning increasingly towards mobile solutions and away from the traditional telephone. In fact, the region is well ahead of the world average, having reached an estimated 115% mobile penetration at end-2013 against a global rate of around 96%.  The mobile penetration rate of LAC is projected to reach 126 percent in 2015 and the number of mobile connections is projected to amount to 781 million in 2015 (re; Statistica).  By the end of 2014, there will be almost 1 billion Internet users coming from LAC, and that the number of telecommunications and mobile-broadband subscriptions will reach 2.3 billion globally. Fifty-five per cent of these subscriptions are expected to be in the developing world and LAC. This corresponds to an Internet-user penetration of 40% globally, 78% in developed countries with over 50% of this in LAC and 32% in developing countries. More than 90% of the people who are not yet using the Internet are from the developing world. In the Americas, close to two out of three people will be using the Internet by end 2014, the second highest penetration rate after Europe. (2014 ICT statistics).

About O2 Secure Wireless Inc.

O2 Secure Wireless is a Company that is currently developing numerous wireless tower facilities in the U.S. The Company is also instrumental in the development of wireless broadband communication services domestically and in Latin America and the Caribbean. Under a merger with Earthcom Service Inc., the Company is currently being structured to provide affordable flat rate pre-paid wireless services in developing countries internationally and expanding into Latin America and the Caribbean with the acquisition of Technologies Argus First de Mexico

Safe Harbor Act: This release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/o2-secure-wireless-inc-announces-its-near-completion-of-its-acquisition-of-technologies-argus-first-de-mexico-300012926.html

SOURCE O2 Secure Wireless Inc.

Related Links

http://www.o2securewireless.com

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