DALLAS, Jan. 21, 2010 (GLOBE NEWSWIRE) -- InvestorSoup.com announces an investment report featuring China Tel Group Inc. (OTCBB:CHTL). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
The full report is available at: http://www.investorsoup.com/lp/CHTL
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China Tel Group Inc. (CHTL), formerly Mortlock Ventures Inc., is a development stage company. Through its wholly owned subsidiary Trussnet USA Inc., CHTL provides engineering and deployment services related to the build-out of a wireless broadband network in several cities in the Peoples Republic of China (PRC) for CECT-Chinacomm Communications Co. Ltd. Through Trussnet, the Company holds a 49% equity interest in Chinacomm, Ltd. and the remaining 51% equity interest in Chinacomm Cayman is held by affiliates of Chinacomm.
Message Board Search for CHTL: http://www.boardcentral.com/boards/CHTL
In the report, the analyst notes:
“CHTL in mid-November announced that its planned infrastructure growth in the People’s Republic of China (PRC) has increased significantly. The PRC’s Public Security Ministry has chosen CECT - Chinacomm Communications Co. Ltd. to provide national security surveillance services using the state-of-the-art wireless broadband network ChinaTel, currently deploying for Chinacomm. ChinaTel, indirectly through its contractual relationships with Chinacomm, has the right to deploy and operate a wireless broadband telecommunications network in 29 PRC cities (Chinacomm Network).
“CHTL provides outsourced services to telecom carriers and equipment vendors for planning, design, deployment and optimization and management for telecommunication networks. The Company has access to more than 700 contractors around the world, including architects, engineers, planners, project managers and more.”
To read the entire report visit: http://www.investorsoup.com/lp/CHTL
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