O2 Secure Wireless Inc. Issues Shareholder Update

ST. AUGUSTINE, Fla., Oct. 30, 2014 /PRNewswire/ -- O2 Secure Wireless, Inc. (OTC PINK: OTOW), is pleased to release this letter to its shareholders in order to provide an overview of the plan for the last quarter of 2014 and into 2015.

We are actively working to finalize adequate funding of our planned projects become available to us over the next few months.

The Company is working on the following projects:

• Completing the purchase of a Dominican Bank.
• Executing on the purchase of Central American Cable Company.
• Executing on the purchase of a local Florida B2B service provider.
• Development of tower facilities in the US.
• The launch of the OTOW Network.
• The further expansion into additional foreign markets.

The Company has signed joint venture agreements with foreign marketing companies that have solid contacts in the telecom industry throughout the world.

The Company will be submitting its first application for permit for a wireless facility in the US in November, we have already met the zoning requirements. The Company now owns 19% of the Dominican Bank, and is working its way to the 50% that we disclosed previously. The Company is still exploring the opportunities presented by the Central American Cable Company and the B2B service provider. The Company has been working with content providers in order to acquire original content for the OTOW Network, as well as the movie and music services that were previously disclosed. The Company is working with outside sources to contract with additional countries for our telecom broadband services.

The Company is close to finalizing additional licensing in the Caribbean to provide our broadband services. We will announce the closing of this as soon as possible.

The US Federal Communications Commission is beginning to consider a rule change that would put internet TV providers on the same playing field as cable companies when it comes to select regulations. Critically, it would mean that broadcasters wouldn't be able to refuse to let an internet TV provider carry their content. Instead, internet TV providers would be able to negotiate to carry TV stations with the same ability that cable companies and satellite companies can. That should solve the recurring issue of internet TV hopefuls being unable to license the content they need to get off the ground. In fact, the FCC is considering extending rules to cover internet TV providers that Congress once put in place to help the emergence of satellite companies. This rule change would cover companies that are broadly known as "multichannel video programming distributors." This could allow the OTOW Network to grow faster than previously believed.

Footnote: (FCC INFO mentioned in a recent article by The Verge)

About O2 Secure Wireless:
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. 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.

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.

For more information visit our website: http://www.o2securewireless.com

SOURCE O2 Secure Wireless, Inc.

Related Links

http://www.o2securewireless.com