#100 is first dial-around service for mobile in Canada
TORONTO, Aug. 27, 2012 /CNW/ - Telehop Communications Inc. ("Telehop")
(TSXV: HOP) has entered into an agreement with a major Canadian
wireless carrier that will see Telehop's long distance services made
available to the carrier's national customer base. The agreement is the
first of its kind in Canada.
Simply by dialing #100 and then entering the destination number, mobile
customers will benefit from a Telehop per minute long distance calling
plan. The charges will simply appear on the customer's regular mobile
"This agreement is an important first and an opportunity to take our
traditional 10-10-100 and 10-10-620 calling services to the next
level," said Rajiv Jagota, President and CEO, Telehop. "We recognize
that mobile usage is increasing and we're pleased to extend our
flexible long distance plans to Canadian mobile customers. Consumers
will appreciate this new, easy-to-use service which makes international
calling from their cellphone more affordable."
The new #100 dial-around service offers 0.05 per minute calling to
destinations such as China, India, Israel, Mexico, Australia and most
of Europe. Long distance rates to Pakistan, Vietnam, Russia and South
Africa are 0.10 per minute. Calls to Jamaica and Trinidad are 0.15 per
minute and 0.20 per minute respectively.
The agreement between Telehop and the national wireless carrier is for a
minimum five year term. The Company believes that the revenue growth
arising from this partnership will be significant and has agreed to a
minimum revenue commitment for overseas call fees of $25 million over
the term of the contract.
Telehop Communications Inc. (TSXV: HOP) was founded in 1993 and is
headquartered in Toronto, Ontario. It has grown into one of the largest
alternative telecommunications providers to both residential and
Telehop is an Equal Access Long Distance Provider, allowing it to offer
its customers full service long distance calling globally at
significantly lower rates. The Canadian Radio-television and
Telecommunications Commission ("CRTC") has licensed Telehop as a Class
"A" telecommunications carrier.
Neither the 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 news
SOURCE: Telehop Communications Inc.
For further information:
Pilot PMR for Telehop
416-462-0199 ext. 22