• Most Popular
  • Most Shared

US National Telecom (USNT) -- Formerly (YIWA) -- Expected Growth in Voice Marketplace

Fri Nov 30, 2007 10:46am EST

DENVER, CO, Nov 30 (MARKET WIRE) -- US National Telecom (PINKSHEETS: USNT), formerly (YIWA), a leader in wholesale VoIP telecom, which has reported that there will be a 3-for-1 share dividend paid to shareholders, continues to expand its wholesale telecom offerings, with increased focus on efforts in the international marketplace. The 3-for-1 share dividend will be paid out to shareholders of record of a pre-announced date.

Individuals and businesses worldwide have been moving towards adoptingtelephone service based on Voice over Internet Technology, also known as VoIP. Sending voice traffic over the Internet has become extremely popular because it eliminates the use of use of long distance telco lines. Businesses using VoIP can save as much as 80% on their communications cost.

The VoIP-related marketspace has been growing at more than 25% per year, worldwide and many analysis reports indicate that this market will grow to over $10 billion a year in a few years. The Company believes that it can capitalize on recent technology improvements and expanded network capacity to capture an increasing share of the VoIP market.

About US National Telecom (USNT)

US National Telecom (USNT) is a publicly traded VoIP technology company, headquartered in Denver Colorado. www.USnationalTelecom.com. The Company focus is on building a VoIP and Internet services conglomerate with various wholesale services.

Safe Harbor Statement: This release includes forward-looking statements,made pursuant to the safe harbor provisions of the PSLA of 1995, that involve major risks and uncertainties based on what may be inaccurate assumptions. Financial information is unaudited and subject to restatement. The Company is notobligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release. CONTACT INFO: Investor Relations Email Contact Copyright 2007, Market Wire, All rights reserved. -0-



More from Reuters

Afghan insurgents kill CIA agents, Canadians

KABUL (Reuters) - Insurgents intensified their campaign against military targets and U.S.-led forces in Afghanistan, killing eight U.S. CIA agents at a base and four Canadian servicemen on patrol and a journalist accompanying them.

Floor traders work at the Hong Kong Stocks Exchange, January 16, 2008.   REUTERS/Bobby Yip

My way or the highway?

Hong Kong is poised to accept Beijing's accounting standards. That's good. The system, though, is prone to scandal. That's bad.  Full Article 

People walk past a branch of Bank of America in New York's financial district April 28, 2009. REUTERS/Brendan McDermid

Move your money

Boycotting "too big to fail" banks is a great idea -- so long as investors remember that banks aren't the only ones responsible for the crisis.  Full Article