PHBR
News:
October
2 - PhoneBrasil Acquires Same
``B1'' Type License for Spain as TELEFONICA SA
PhoneBrasil International
(OTC:PHBR) has acquired a lifetime B1 license to build its own national
telecommunications network in Spain; the same B1 type license owned by
TELEFONICA SA (NYSE:TEF). A lifetime B1 telecommunications license is
good for 20 years and is then renewed every ten years thereafter automatically.
It allows the holder to develop their own proprietary network with an
access code. PhoneBrasil was granted access code 1044. The government
of Spain stopped granting B1 licenses several years ago and only issues
new licenses permitting use for a particular communication. PhoneBrasil
anticipates that the acquisition of this important license will open opportunities
with other European Union Members, thereby expanding its international
coverage via proprietary networks. "Our business model is no longer
a project but a reality," stated Anderson Dias, the company's President.
"We have now established licenses in Brazil, United States and Spain,
giving us significant exposure to 3 of the top 10 economies in the world!",
Mr. Dias said.
To view more information regarding the
B1 license transaction, we have provided the following links:
Full Power of Transfer B1 License and Assets
for PHBR - http://00ec925.netsolhost.com/PHBR1.pdf
Contributed Intangible Asset ($256,000,000
USD independent appraisal) for PHBR based on B1 License Valuation - http://00ec925.netsolhost.com/IntangibleAsset.pdf
Registered Number for B1 License -
http://00ec925.netsolhost.com/PHBRb1code.pdf
The Company's Management maintains that
it is on schedule with its business model to establish company owned licenses
for a proprietary telecommunications network infrastructure during the
fiscal third quarter. Additionally, the Company has established contractual
relationships with strong third party customers and vendors to facilitate
the plan.
During the fiscal third quarter, the Company
has announced contractual customer deals of over $22.0 million annually,
a $1.2 billion WIFI infrastructure deal with Tacora, Inc., a $60.0 million
joint venture with Ametilo, the obtainment of the FCC and 214 license
and the addition of two directors for Spain and Europe. "We have
assembled an outstanding professional team with which I am anxious to
work with as we continue to execute our business plan", said Mr.
Dias. He went on to further state that, "We have deliberately worked
to establish the human and technical resources necessary to create a credible
telecommunications company. We will now work during the 4th quarter to
conclude business with some additional strategic partners and traditional
financing necessary to execute our plan."
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