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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Elitel Telecom | LSE:ETM | London | Ordinary Share | IT0003021802 | ORD EUR0.05 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 22.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:6395C Elitel Telecom S.p.A. 09 May 2006 For immediate release 9 May 2006 Elitel Telecom SpA ("Elitel" or the "Company"), New agreement with the Italian partner of Western Union and Sisal S.p.A. Announcement of date of Preliminary Results Statement Elitel Telecom SpA (AIM: ETM) the independent Italian telecommunications group, is pleased to announce that it has signed a joint marketing agreement with Angelo Costa SpA, the Italian partner of Western Union in Italy, under the terms of which Elitel and Western Union will co-brand Elitel's pre-paid international call card. The principal target market for Elitel's call card product is similar to that of Western Union's international money transfer customer. Elitel anticipates that promoting its call card products to Western Union's customers will create significant business opportunities. Elitel also announces that it has signed an agreement with Sisal S.p.A. ("Sisal"), an Italian gaming and lottery provider, for the launch of pre-paid calling card targeting the Ethnic Market through Sisal's 18,000 outlets across Italy. The Company also announces that intends to make its maiden preliminary announcement of results for the year to 31 December 2005 on 1 June 2006. Commenting on the latest developments Federico d 'Este, Chief Executive said "We are pleased to have signed this new agreement with Western Union which will build on our dominant position in the Italian international phone card market. The agreement with Sisal will also further increase Elitel's market share of the growing ethnic international call market." Enquiries: Elitel Telecom S.p.A +39 02 441 0410 Federico d'Este (Chief Executive) Ezio Ravaccia (Chief Financial Officer) Buchanan Communications +44 (0)20 7466 5000 Mark Edwards/Isabel Podda/Jeremy Garcia Charles Stanley Securities +44 (0)20 7953 2000 Russell Cook/Freddy Crossley Notes to Editor About Elitel Elitel is an independent Italian fixed line telecommunications group. It provides a broad range of voice, data and broadband services, including voice-over IP ('VoIP'), to both businesses and residential customers. The Group also provides wholesale telecommunications services to other carriers, international call services specifically for the Italian ethnic market and telecommunications services to premium content providers. Elitel's network, which covers the whole of Italy is based on interconnection agreements and access through the leasing of lines from carriers including Telecom Italia and other international carriers. By 31 December 2005 the Group's own fixed line customer base comprised more of 69.000 business customers; 175.000 residential customers and more of 9.200 VoIP end users. In February 2006, Elitel (www.eliteltelecom.com) successfully floated on AIM, part of the London Stock Exchange (AIM : .ETM), raising #8.0 million to fund the expansion of the Group. This information is provided by RNS The company news service from the London Stock Exchange END AGRBIGDUIBGGGLI
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