Inv Phy Pall (LSE:SPAL)
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Spantel Expands Services and Increases Revenues
FUENGIROLA, Spain, June 15 /PRNewswire-FirstCall/ -- Spantel Communications,
Inc. (OTC:SPAL) (BULLETIN BOARD: SPAL) , a provider of telecommunications
services within Spain announced today they have expanded their services and are
now providing nationwide Directory Assistance services. All telephone
customers, regardless of their selected carrier, can use Spantel's new service
to obtain government, business, residential and cell phone listings. In
addition to directly marketing this service to Spantel's 350,000 registered
customers, the company can offer this service as a branded product to other
operators/carriers who may not have the license or resources to offer this
product.
The company will utilize their state-of-the-art call center, with operators who
have been cross-trained in telemarketing, customer service and directory
assistance. As Spain has experienced a dramatic surge in population from
around Europe, customers will be able to speak with operators who are fluent in
Spanish, English and/or German. The company expects that their costs
associated with this service will be lower than similar services in Spain due
to our multitask platform and our expertise in customer service. The company
anticipates having the capacity to handle in excess of one million directory
assistance inquiries annually.
Additionally, the company reported that revenues for May increased 24.5% to
$1,718,554 versus $1,379,374 in the same period last year. The company also
reported profits for the 13th consecutive month of $105,287.
Management Perspective
"We are continually looking to introduce new or improved services that increase
customer satisfaction, provide growth and enhance our profit potential. A
service such as this was a perfect way to further optimize our call center
without substantially increasing overhead," said company president Jose Ramon
Basterra. "We are also very proud of our continued revenue growth and
maintaining profitability. The company had increased costs in May associated
with the call center as a result of training for the directory assistance and
increasing telemarketing staff as we head into our seasonal marketing push to
expand our customer base. We continue to see a great year ahead for our
company."
Spantel Communications, Inc. is a provider of telecommunications services
throughout Spain. To learn more about Spantel, visit the Company's website at
http://www.spantel.es/.
Except for historical information contained herein, the statements in this
release are forward-looking and made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. Forward-looking
statements involve known and unknown risks and uncertainties, which may cause
the Company's actual results in future periods to differ materially from
forecasted results. Those risks include, among other things, the competitive
environment in the telecommunications industry in general and in the Company's
specific market areas, inflation, changes in costs of goods and services and
economic conditions in general. Those and other risks are more fully
described in the Company's filings with the Securities and Exchange Commission.
Contact: Spantel Communications Inc.
Mr. Robert Carlin
+34.607.514.906 & +34.952.66.93.29
This release was issued through eReleases(TM). For more information, visit
http://www.ereleases.com/.
DATASOURCE: Spantel Communications, Inc.
CONTACT: Mr. Robert Carlin, Spantel Communications Inc., +34-607-514-906
or +34-952-66-93-29,
Web site: http://www.spantel.es/