TPT Global Tech Acquires Assets of Goodwin Global, an International Wholesale Carrier
SAN DIEGO, July 19, 2016 /PRNewswire/ -- TPT Global Tech (OTCBB:TPTW) announced today it recently completed the purchase of Goodwin Global Communications carrier and call center assets (GGC) whose principal has been involved in the international carrier arena since 1994. This transaction enables TPT Global Tech subsidiary Trucom to enter into business relationships with up to 500 potential new carriers around the world in the next twelve months because of its status as a recognized international carrier. Scott Goodwin, GGC CEO has recently made a decision to pursue other opportunities outside of telecom and said:
"After reviewing several options, I felt that the Trucom carrier team and their future plans were an ideal fit to transition our customers and suppliers into their network and provide a quality service. Their excellent sales and support capabilities should allow them to significantly continue to grow what we have started."
"We here at TPT Global Tech are very pleased to add Goodwin Global and their assets and customer base to TPT Global Tech's portfolio of companies," said Stephen Thomas, CEO of TPT Global. "Scott Goodwin has been in the wholesale telecom arena for over 30 years and brings to TPT Global his vast knowledge and contacts from around the world to our company."
This acquisition enables TPT Global Tech to continue its push to become a major player in the Wholesale and Retail Telecommunications arena worldwide and helps prove our strategy of evolution by acquisition.
This press release contains "forward-looking statements" within the meaning of various provisions of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Specifically, statements about the Company's plans for accelerated growth, improved profitability, future business partners, M&A activity, new service offerings and pursuit of new markets are forward looking statements. Although the company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Such forward-looking statements should not be construed as fact. The information contained in such statements is beyond the ability of the Company to control, and in many cases the Company cannot predict what factors would cause results to differ materially from those indicated in such statements. All forward-looking statements in the press release are expressly qualified by these cautionary statements and by reference to the underlying assumptions.
About TPT Global Tech
TPT Global Tech Inc. (OTCBB:TPTW) based in San Diego, California, is a Technology/Telecommunications Media Content Hub for Domestic and International syndication and also provides Technology solutions to businesses domestically and worldwide. TPT Global offers Software as a Service (SaaS), Technology Platform as a Service (PAAS), Cloud-based Unified Communication as a Service (UCaaS) and carrier-grade performance and support for businesses over its private IP MPLS fiber and wireless network in the United States. TPT's cloud-based UCaaS services allow businesses of any size to enjoy all the latest voice, data, media and collaboration features in today's global technology markets. TPT Global Tech also operates as a Master Distributor for Nationwide Mobile Virtual Network Operators (MVNO) and Independent Sales Organization (ISO) as a Master Distributor for Pre-Paid Cellphone services, Mobile phones Cellphone Accessories and Global Roaming Cellphones.
SOURCE TPT Global Tech
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