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TelePlus Enterprises Sees Growth in Prepaid Wireless Market

Strategic Insights

— 2 min read

TelePlus Enterprises, a diversified North American telecommunications company, is poised for significant growth in the prepaid wireless market. The company's wholly owned subsidiaries, including TelePlus Wireless, Corp. and Maximo Impact, Corp., operate prepaid mobile virtual network operators (MVNOs) under the Liberty Wireless and MX Mobile brands, respectively. These brands cater to the unbanked users in the United States and Canada, offering competitive prepaid wireless plans that provide high-value services at affordable prices.

Key Takeaways:

  • TelePlus Enterprises is a leading provider of wireless and telecommunications products and services across the U.S.A. and Canada, with a strong presence in the prepaid wireless market.
  • The company's MVNOs, Liberty Wireless and MX Mobile, offer competitive prepaid wireless plans that provide high-value services at affordable prices, targeting unbanked users in the United States and Canada.
  • TelePlus Connect, Corp. provides landline, long distance, and internet prepaid services to selected individuals in Canada, expanding the company's reach in the telecommunications sector.
  • The unbanked market in North America is estimated to be 9.5% of total households, with a market size of over $1 billion.
  • TelePlus' wireless industry operates under the Liberty Wireless brand, utilizing the Sprint Nationwide PCS Network, which reaches over 250 million people in more than 4,000 cities and communities in the U.S.
  • TelePlus has projected a revenue goal of $30 million in 2006, with positive EBITDA, as part of its 2006 business plan, and is on track to meet these targets.
  • The company's technology and infrastructure allow for high-value services at competitive prices, attracting a large customer base, including students and unbanked individuals.
  • TelePlus Enterprises is listed on the OTCBB under the symbol TLPE, providing investors with access to capitalize on the company's growth potential in the prepaid wireless market.

Statistics:

  • The prepaid wireless market in the US is expected to grow from $10 billion in 2005 to $32 billion by 2008.
  • TelePlus Enterprises has issued 767,000 free trading shares of stock in TelePlus as compensation for its services.
  • The company has sold 767,000 shares of stock for proceeds totaling $208,700.
  • TelePlus has projected a revenue goal of $30 million in 2006, with positive EBITDA as part of its 2006 business plan.
  • The company has a diverse range of websites, including www.libertywireless.com, www.vivaliberty.com, www.maximoimpact.com, and www.telizon.biz, showcasing its online presence and offerings.

Sources:

  • Market Pulse News Alert, August 30, 2006
  • TelePlus Enterprises, Inc. press release, August 30, 2006
  • Market Wire, August 30, 2006
  • InPhonic, Inc. press release, December 29, 2005
  • TelePlus Enterprises, Inc. website, http://www.teleplus.ca
  • InteleCard News, August 2006

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