#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 invoice.
"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 business customers.
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 release.
SOURCE: Telehop Communications Inc.
For further information:
Pilot PMR for Telehop
416-462-0199 ext. 22