السلام عليكم شنو الخبر اللي نزل امس على هذا السهم الرجاء الافادهVISTA, Calif., Jan. 29 /PRNewswire-FirstCall/ -- Cybertel Communications Corporation (OTC Bulletin Board: CYTP - News) announced today that its board of directors and management team are taking the company in a new direction.
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"The telecom sector has been a very rough sector to be involved in the past four years," said President & CEO, Richard Mangiarelli. "It is very competitive and will get more so in the future as WorldCom and Global Crossing emerge from bankruptcy, leaving billions of dollars of debt behind and begin to fight for market share. They will totally commoditize the long distance industry and force margins to shrink dramatically. Cybertel's Board has concluded that the company needs more than its involvement in telecommunications to be successful. Therefore, Cybertel will begin to acquire companies outside of telecom and change its method of operation for its telecom business."
Cybertel has targeted several acquisition candidates and has begun discussions with some of the candidates. The company plans to acquire several companies over the next two years, consolidate management and grow the companies into leaders of their respective industries.
About Cybertel
Cybertel is a fully integrated telecommunications service provider that supplies a wide range of telecommunications services. The company can offer highly competitive rates to its residential customers on long-distance, personal 1-800 numbers, and calling cards. For businesses, Cybertel offers a wide variety of value-added services.
Cybertel is in the process of changing its business model and is planning to make acquisitions of profitable companies, centralizing management and grooming the acquired companies to become public entities.
For more information contact Cybertel at 760-599-0265 or via e-mail at info@cybertelcorp.com .
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this advertisement are forward-looking statements that involve certain risks and uncertainties including, but not limited to, risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, governmental approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission.
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"The telecom sector has been a very rough sector to be involved in the past four years," said President & CEO, Richard Mangiarelli. "It is very competitive and will get more so in the future as WorldCom and Global Crossing emerge from bankruptcy, leaving billions of dollars of debt behind and begin to fight for market share. They will totally commoditize the long distance industry and force margins to shrink dramatically. Cybertel's Board has concluded that the company needs more than its involvement in telecommunications to be successful. Therefore, Cybertel will begin to acquire companies outside of telecom and change its method of operation for its telecom business."
Cybertel has targeted several acquisition candidates and has begun discussions with some of the candidates. The company plans to acquire several companies over the next two years, consolidate management and grow the companies into leaders of their respective industries.
About Cybertel
Cybertel is a fully integrated telecommunications service provider that supplies a wide range of telecommunications services. The company can offer highly competitive rates to its residential customers on long-distance, personal 1-800 numbers, and calling cards. For businesses, Cybertel offers a wide variety of value-added services.
Cybertel is in the process of changing its business model and is planning to make acquisitions of profitable companies, centralizing management and grooming the acquired companies to become public entities.
For more information contact Cybertel at 760-599-0265 or via e-mail at info@cybertelcorp.com .
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this advertisement are forward-looking statements that involve certain risks and uncertainties including, but not limited to, risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, governmental approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission.
