PORTLAND, Ore., Feb. 2, 2004 (PRIMEZONE) -- Nettel Holdings Inc. (OTCBB:NTTL), Berlin and Frankfurt Stock Exchanges (NT7, WKN 727487), is pleased to announce the launch of its Lowest Available International Residential and Commercial Calling Plan.
Bolstered by the continued successful beta testing of NTI's VoIP voice gateways over the past four months, the Lowest International Residential and Commercial calling plan provides customers with a low-cost international long distance service from their regular telephone, pay phone, or cell phone. To use the service, customers simply pick up the phone and dial a seven digit local access number (similar to 10-10-xxx), then dial the long distance number in the U.S. that they want to call. The customer will be connected immediately to the other party.
Example rates
Asia China 2.1 cents per minute India 11.8 cents per minute Philippines 11.6 cents per minute Vietnam 32 cents per minute Europe France 2.8 cents per minute Germany 2.8 cents per minute UK 2.8 cents per minute Spain 2.8 cents per minute South America Brazil 3.5 cents per minute Colombia 6.9 cents per minute Argentina 2.9 cents per minute North America Canada 2.0 cents per minutes Mexico 8.5 cents per minutes
NTI calling plans are available 24/7 with no minimum usage or connection fees.
Complete rate table are available at our website www.netteltelecom.com or www.nettelholdings.com.
In determining NTI lowest international rates, on a bi-weekly basis, NTI staff would compare their rates to over 20 traditional long distance carriers such as AT&T, MCI WorldCom, Sprint, and the 10-10-xxx current lowest available international long distance calling plan. In addition, NTI staffs also make adjustment to their international rates based on rates received from other major VoIP providers in the marketplace as well as receiving constant feedback from current and future customers.
Long distance is a very competitive market that sees changes in rates and pricing plans far more frequently than in any other industry. With all the long distance providers operating in the market and the corresponding ads claiming their rates are the best, its understandable that people get confused over which provider to utilize. If consumers don't read the fine print they could easily be misled to believe they are receiving the lowest rate. What needs to be considered is the net cost per minute including any fees, surcharges and minimums. Some companies make it difficult to understand exactly what rate you are paying.
NTI's All Day, All Night Lowest International Calling Plan will bring the Company into direct competition with not only traditional long distance carriers such as AT&T, MCI WorldCom and Sprint, but with other VoIP providers in the marketplace.
NTI is in current discussions with several major distribution and marketing companies to roll out our Lowest International Long Distance Calling Plan in the U.S. We will be announcing within the next few weeks the name of the company that will be distributing and marketing our Lowest International Calling Plan.
However at this time, customers in the 50 states can signup for the NTI Lowest International Calling plan by contacting NTI's sales office at 503-222-6018 from 9am to 6pm PST or may signup directly through our on-line interactive center located at www.netteltelecom.com. While logged on, a user can set up a Nettel account, receive an account number and a personal identification number, find answers to frequently asked questions and contact customer service representatives. Once a user has established an account, the user can access real-time account information that includes call logs and transaction records. Through the company's online billing system, a user can personalize the billing information to select the data most relevant to the user.
Also, in response to growing inquiries about Nettel Holdings, Inc. other subsidiaries (Nettel Telecom, Nettel Global communication, Entec Software, Tougi, Talking Technologies, VoipXchange.net, and Nettel Trading) future products and network availability, the companies are in the final stages of updating their web sites. "The revised web sites will offer new and enhanced features that allow investors and customers to research the Company and its products or services," commented Michael Nguyen, Chairman and CEO of Nettel Holdings, Inc.
About Nettel Telecom International
Nettel Telecom International is a high growth, cutting edge residential and commercial long distance provider in the exploding VoIP industry. We deliver affordable, high quality, telephony related products and services to the enterprise, residential and wholesale communities. Nettel VoIP Telephony allows a user to communicate worldwide at a low per-minute rate charge. Whereas traditional telephone service is provided over the Public Switched Telephone Network (PSTN), VoIP Telephony uses our own private network to transmit voice data. VoIP Telephony is considerably more efficient than the PSTN, and presents significant cost-savings, when used with data compression. We are constantly searching for value added products and services to be implemented across our managed virtual private network (VPN). Our network uses VoIP (Voice over Internet Protocol) technology, the next generation in telephony transmission. Nettel Telecom International is experiencing high growth as we continue to expand our network and our product line. Visit Netttel Telecom International on the Web at www.netteltelecom.com.
About Nettel Holdings
Nettel Holdings Inc. is a holding company owning subsidiaries engaged in a number of diverse business activities, the most important of which are Telecommunication and Software. The wholly owned subsidiaries of Nettel Holdings are Nettel Telecom International, VoipXchange.net, and EnTec Software. In addition, the Company operates Nettel Trading, which offers the trading of Metals, Chemicals, and other commodities.
Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company's ability to attract qualified management, raise sufficient capital, and effectively compete against similar companies.