Stock Symbol: ICH
MONTREAL, Aug. 6 /CNW Telbec/ - Intercable ICH Inc. ("Intercable"), a
Canadian telecommunications company that seeks broadband telecommunications
opportunities in the international market, announced today the initial
issuance of an aggregate of 220,024 common shares of its share capital to
three of its directors in payment of certain 2008 directors fees pursuant to
Intercable' share bonus plan.
Intercable is a Canadian telecommunications corporation that seeks
broadband telecommunications opportunities in the international market.
Intercable's business strategy is to focus on underserved telecommunications
and cable markets by building and operating its own broadband networks using
state-of-the-art technology capable of offering cable television, high-speed
Internet and telephony services, at a low cost and with high service quality.
Intercable targets markets with (i) limited or no cable service; (ii)
feasibility of aerial cable construction; and (iii) stable political
environments. Management believes that Reunion Island currently represents the
most significant growth opportunity for Intercable.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this press release.
This press release contains forward-looking statements that are subject
to known and unknown risks and uncertainties that could cause actual results
to vary materially from targeted results. Such risks and uncertainties include
those described in Intercable's annual information form dated July 8, 2008 or
in the filings made by Intercable from time to time with securities
regulators. Intercable undertakes no obligation to publicly release the result
of any revision of these forward-looking statements to reflect events or
circumstances after the date they are made or to reflect the occurrence of
For further information:
For further information: please visit the company's website at
www.intercable.ca or contact: Guy Laflamme, President and Chief Executive,
(450) 582-7953, email@example.com; Serge Dupuis, Officer Chief
Financial Officer, (514) 904-0163, firstname.lastname@example.org