SAN DIEGO, April 13, 2010 -- ChinaTel Group, Inc. (ChinaTel) (OTCBB: CHTL), a leader in high speed wireless broadband and telecommunications infrastructure engineering and construction services, today announced that CECT-Chinacomm has recently received a 200 million RMB credit facility (in excess of US$29 million based on current currency exchange rates) from Hana Bank of China.
ChinaTel Group, Inc. closed at $0.68 Tuesday, trading 1,400,090 shares.
ChinaTel Announces That CECT-Chinacomm Has Secured a Credit Facility for 200 Million RMB (~US$29 Million)
About ChinaTel Group, Inc.
ChinaTel Group, Inc. (ChinaTel), through its controlled subsidiaries, provides fixed telephony, conventional long distance, high-speed wireless broadband and telecommunications infrastructure engineering and construction services. ChinaTel is presently building, operating and deploying networks in Asia and South America: a 3.5GHz wireless broadband system across the People's Republic of China (PRC) with and for CECT-Chinacomm Communications Co., Ltd., a PRC company that holds a license to build the high speed wireless broadband system; and a 2.5GHz wireless broadband system in cities across Peru with and for Perusat, S.A., a Peruvian company that holds a license to build high speed wireless broadband systems. ChinaTel's vision remains clear: (i) to acquire and operate wireless broadband networks in key markets throughout the world; (ii) to deliver a new world of communications; and (iii) and invest in building long-lasting relationships with customers and partners to lead the broadband industry in customer service and responsiveness. Our strategy is to build leading-edge IP-leveraged solutions advanced by our worldwide infrastructure and leadership in emerging markets. ChinaTelGroup.com
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MEMPHIS, Tenn., April 13, 2010 -- Consumers looking for a great-tasting, low-calorie relaxation aide to complement their busy lifestyles can find the solution in Frontier Beverage Co.'s (OTCBB: FBEC) Unwind™, launching this spring/summer.
Frontier Beverage Co. closed at $0.00 Tuesday, trading 0 shares.
'Tired of Being Wired?' Frontier Beverage Launches Unwind(TM): New Low-Calorie Relaxation Aide Hits the Market in Spring/Summer 2010
About Frontier Beverage Co.
Founded in late 2009, Frontier Beverage is headquartered in Memphis, Tennessee and is a publicly-traded company under the sign FBEC. For more information or up-to-date information on Frontier Beverage and its flagship product, Unwind, please visit: http://finance.yahoo.com/q?s=fbec.ob or contact ir@frontierbeverage.com.
Frontier Beverage Co. is the distributor of Unwind, the ultimate relaxation aide for consumers worldwide. Unwind offers a healthy alternative to the calming drink experience due to its low-calorie, low-sugar and high-antioxidant formula.
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