| |
American Company Spotlight

TelePlus Enterprises Inc. Website:
Click Here
|
Exchange: OTC:BB
Market Cap:
24.2 Million
Outstanding Shares:
86.4 Million
52 Week Hi / Low:
$0.55 / $0.15
Price April 28, 2006$
0.28
TLPE Recent Stock
Quote and News:
Click Here
Information As
Of April 28th, 2006 |
'Immediately before the 2005
year-end, the Company acquired the assets of Liberty Wireless,
the 3rd largest mobile virtual network operator (MVNO) on the
Sprint Nationwide PCS Network, becoming one of the top ten
prepaid wireless resellers in the country. Following four
acquisitions in 2005, the Company's other wholly owned
subsidiary, TelePlus Connect Corp., provides a variety of
landline telecom solutions, including prepaid and postpaid
local, long distance and internet services, as well as other
integrated telecom offerings to multi-location organizations.'
Overview
TelePlus Enterprises, Inc. is a diversified North American
telecommunications company with offices in Miami, Florida;
Montreal, Quebec; and Barrie, Ontario. TelePlus was founded in
1999 and it has since become a leading provider of wireless
and telecommunications products and services across the U.S.A.
and Canada. In October 2003, TelePlus became a publicly traded
Company on the OTCBB under the symbol TLPE and since then it
has continued to grow organically and through strategic
acquisitions.
The company's wholly-owned subsidiaries include TelePlus
Wireless, Corp. which operates a virtual wireless network
selling cellular network access to consumers and distributors
in the United States under the “Liberty Wireless” brand and
TelePlus Connect, Corp. which resells landline, long distance
and Internet services in Canada under the “Telizon”, “Freedom”
and “Avenue” brands.
Investment Highlights
- TelePlus’ seasoned and experienced management team is
familiar with all aspects of the rapidly growing and
changing cellular communications business.
- The prepaid US market is expected to reach US$32.1
billion by 2008 and the prepaid wireless sales are expected
to represent the lion share of this market.
- Wireless telecommunications is a global phenomenon that
propelled mobile phones to become one of the fastest growing
and widely owned consumer electronics products in history.
During 2005, worldwide mobile phone sales totaled a record
816.6 million units, growing 21% from 2004, with North
America accounting for 148.4 million
- The Company reported record revenues of $6.78 million
for the three months ended on March 31, 2006.
- From a level of approximately $419 billion in 1997,
total spending on equipment and services in the U.S.
telecommunications industry more than doubled to an
estimated $856.9 billion in 2005, with 8.9% growth achieved
last year and 10.2% expected in 2006
- As of December 31, 2005, the Company had a total of over
47,000 wireless and landline subscribers.
- In April 2005, the Company acquired Freedom Phone Lines
Ltd, an Ontario based Bell Canada reseller of prepaid local
and long distance services with 3,300 customers in the
unbanked market segment.
- In June 2005, the Company purchased Avenue Reconnect
Inc., an Ontario based reseller of prepaid local, long
distance and internet services with over 2,000 residential
customers.
- In July, the Company acquired Telizon Inc, an Ontario
based reseller of a wide range of landline services and an
internet service provider servicing over 18,000 commercial
and residential lines.
- The number of wireless subscribers in the world will
grow from 1.8 billion in 2005, pass 2 billion in 2006, and
reach 2.6 billion in 2009.
Profile
Teleplus Enterprises, Inc., headquartered in St. Laurent,
Quebec, Canada, provides wireless and landline
telecommunications services across North America, targeting
primarily the unbanked marketplace, one of the fastest growing
segments of the telecommunications industry composed of
credit-challenged customers.
Through its wholly owned subsidiary, TelePlus Wireless
Corp., the Company resells flexible and cost-effective prepaid
cellular network access to distributors and direct subscribers
in the U.S. Immediately before the 2005 year-end, the Company
acquired the assets of Liberty Wireless, the 3rd largest
mobile virtual network operator (MVNO) on the Sprint
Nationwide PCS Network, becoming one of the top ten prepaid
wireless resellers in the country. Following four acquisitions
in 2005, the Company's other wholly owned subsidiary, TelePlus
Connect Corp., provides a variety of landline telecom
solutions, including prepaid and postpaid local, long distance
and internet services, as well as other integrated telecom
offerings to multi-location organizations.
As of December 31, 2005, the Company had a total of over
47,000 wireless and landline subscribers. In January, the
Company began building its sales force and opened a support
office in Miami, Florida devoted to aggressive expansion of
the Liberty Wireless business. Compared to the Company's
fiscal 2005 revenues, which consisted of $8,092,689 revenue
from continuing operations, and $11,043,352 from discontinued
operations, due to a February 2006 divestiture of Teleplus
Retail Services Inc., an unprofitable wholly owned subsidiary
operating a chain of retail stores with wireless and portable
communication devices, the Company's announced preliminary
results in the first quarter exhibit substantial growth.
As a testament to its successful integration of the Liberty
Wireless business, the Company reported record revenues of
$6.78 million for the three months ended on March 31, 2006.
Wireless
Operating as an MVNO (see definition below), the Company
offers prepaid wireless services in the U.S. and in Canada.
Following its acquisition of the Liberty Wireless business
from Star Number, Inc., a wholly owned subsidiary of InPhonic,
Inc. (NASDAQ:
INPC), on December 29, 2005, the Company concentrates on
reselling services carried over the Sprint Nationwide PCS
Network, which reaches more than 250 million people in more
than 4,000 cities and communities in the U.S.
The Company's operations are supported by a back-office
systems platform provided by Technology Services, LLC, a
wholly owned subsidiary of InPhonic, Inc., pursuant to a
Mobile Virtual Network Enabler (MVNE) agreement signed
concurrently with the acquisition. The MVNE ensures the
Company's procurement, activation, billing and customer care
based on self-service web and speech recognition technology.
The Company's services are targeted primarily to the
unbanked segment of the wireless market and marketed to
consumers and distributors by the Company's growing sales
force and through its websites at
www.libertywireless.com and
www.vivaliberty.com, which is specifically aimed at the
Hispanic population. The Company's customer procurement
efforts are strengthened by a lead generation agreement signed
with Inphonic, Inc. in January. Pursuant to the agreement,
Inphonic, Inc. agreed to refer to the Company a minimum of
25,000 potential customers per week at a price of $1 per lead,
by delivering contact information for its website visitors who
placed postpaid service orders with one of the major national
network operators, but have not qualified under the carrier's
credit requirements.
Furthermore, in January the Company opened a Miami, Florida
office for wireless sales and distribution channels support.
Finally, in March the Company sponsored the Intele-CardExpo,
the leading world event for the prepaid industry held in
Miami, and it intends to promote its products and nurture
commercial relationships at similar prestigious venues.
Liberty Wireless Service Plans
The Company's flexible and cost-effective minute-based
prepaid plans, which do not require credit checks, contracts
or deposits and avoid surprise overage fees or early
termination charges, include free long distance, free
nationwide roaming, and free calling features, such as caller
ID, voice mail and 3-way calling.
The Company's new series of calling packages launched in
February also offers benefits traditionally associated with
postpaid plans, including unlimited evening and weekend
calling and day time per minute rates as low as $0.05. The
customers can pay for their plans by phone and in hundreds of
retail locations in the U.S. They can also manage their
account through an online interface, paying for service,
viewing calling history, buying add-on minutes and updating
user profile. In addition to these great service plans,
Liberty Wireless also offers a wide selection of mobile
phones, including many top models that are free after rebate.
Telecom
Throughout 2005, the Company completed three acquisitions
of operating telecommunication service resellers, which
established the Company's position in the prepaid and postpaid
landline telecom marketplace in Canada.
In April, the Company acquired Freedom Phone Lines Ltd, an
Ontario based Bell Canada reseller of prepaid local and long
distance services with 3,300 customers in the unbanked market
segment. In June, the Company purchased Avenue Reconnect Inc.,
an Ontario based reseller of prepaid local, long distance and
internet services with over 2,000 residential customers. And
in July, the Company acquired Telizon Inc, an Ontario based
reseller of a wide range of landline services and an internet
service provider servicing over 18,000 commercial and
residential lines.
Telizon Inc. offers a full In addition to local dialtone,
long distance and toll-free numbers, Telizon offers more
complex telecommunication solutions include centrex lines,
unique lines and other services for multi-location
institutions such as school boards, credit unions, real estate
companies and a variety of municipal organizations. The
Company's landline operations are supported by a
state-of-the-art fully integrated resell operations technology
platform, which was previously used to support the AT&T Canada
resell business with 120,000 commercial lines. Highly
scalable, the operating support system provides full financial
and billing control, carrier billing reconciliation, customer
care and provisioning.
Industry
From the standpoint of its recent tenth anniversary mark,
the Telecommunications Act of 1996, the most comprehensive
legislation since 1934 designed to deregulate the U.S.
communications industry and promote competition, has certainly
had dramatic impact, resulting in continual corporate
restructuring driven by massive merger and acquisition
activities, intensified technological innovation and rapid
development of new products and services.
From a level of approximately $419 billion in 1997, total
spending on equipment and services in the U.S.
telecommunications industry more than doubled to an estimated
$856.9 billion in 2005, with 8.9% growth achieved last year
and 10.2% expected in 2006, according to a recent 2006
Telecommunications Market Review and Forecast report released
by the Telecommunications Industry Association (TIA), the
leading trade organization for the information and
communications technology industry in the country.
Adapting to evolving demographic trends and customer
preferences, the industry quite predictably embraced mobility
as the key component of all communications capabilities and
somewhat less expectedly advanced the significance of prepaid
telephony services, especially in the wireless sector. As
wireless technology steadily uprooted traditional landline
telecommunication modes over the past decade, effectively
neutralizing its dominance, the wireline landscape was plagued
by falling subscriber base and declining service revenues,
with only phone cards and prepaid dialtone emerging as
relative bright spots.
Out of the total 2005 U.S. telecommunications service
market of $310.8 billion landline service revenue accounted
for $192.3 billion, recording its fifth consecutive year of
decline, while wireless service revenue continued its
uninterrupted double-digit growth from about $27 billion in
1996, reaching $118.6 billion. However, last year's 1.4%
decrease in the landline network service revenues represented
the smallest drop since 2000, and after further moderating its
decline the market is expected to start expanding in 2008,
climbing back to the 2005 level of $192.3 billion by 2009. At
that time, total spending on wireless services, which grew
10.4% in 2005 and totaled $174.7 billion, is expected to reach
$180.4 billion, expanding at a compounded annual growth rate
of 11.1% between 2005 and 2009.
Wireless telecommunications is a global phenomenon that
propelled mobile phones to become one of the fastest growing
and widely owned consumer electronics products in history.
During 2005, worldwide mobile phone sales totaled a record
816.6 million units, growing 21% from 2004, with North America
accounting for 148.4 million, according to Gartner Group,
Inc., one of the world's largest IT research and advisory
companies. TIA forecasts that global wireless service revenues
will surpass landline already in 2006 and reach $727.8 billion
by 2009. At the same time, the number of wireless subscribers
in the world will grow from 1.8 billion in 2005, pass 2
billion in 2006, and reach 2.6 billion in 2009. Paul Budde
Communications even foresees that high growth in populous new
emerging markets could yield up to 5 billion subscribers
worldwide over the next 15 to 25 years.
Rising Cell Phone Demand to Fuel
Market Growth
Mobile electronic devices have become a necessary tool for
business
professionals and are becoming an increasingly large part of
consumers’
everyday life. The demand for wireless services and products
is growing
at a torrid pace and is expected to remain strong as a result
of several
factors including:
- increased awareness of the value of mobility
- emergence of wireless Internet segments
- introduction of compact phones and devices with
longer-lasting batteries
- increasing affordability of wireless usage relative to
traditional landline phones
- new applications of 3G technologies such as MP3 and
wireless location services
Wireless phones are among the fastest growing consumer
products in history. According to EMC, a leading researcher
and publisher of intelligence about wireless markets, there
are now more than 1 billion wireless phone subscribers
worldwide.

What is a MVNO?
An MVNO purchases wholesale airtime on an existing wireless
network and provides its own branded wireless communications
services to end-users. Typically, MVNO focuses on closely
targeted niche markets, defined by particular demographics
such as lifestyle, age, payment methods, ethnicity, geography
or membership of a specific community or interest group. By
buying network and radio capacity from an existing mobile
network owner – and managing this through a dedicated
third-party platform capable of handling Customer Relationship
Management (CRM), billing, service creation and network
inter-working – the MVNO is able to build its own brand
identity through innovation with new data and content-based
services and through dedicated market understanding and
support. MVNOs are also particularly interested in the
increasing role that mobile content and applications can play
in targeting these niche markets to increase both revenues and
loyalty.
Recent News and Press Releases
• TelePlus CEO Interviewed by the Prominent Wall Street
Reporter Following Record-Breaking Q1 Results
Market Wire (Thu, Apr 27)
• TelePlus Announces Preliminary Q1 Sales of $6.78 Million,
Setting a Record-Breaking Quarter for the Company
Market Wire (Tue, Apr 25)
• Investology's Most Recent Report Released Outlining TelePlus
as a Positive Investment Outlook With a Strong 12-Month Price
Target
Market Wire (Wed, Apr 19)
• TelePlus Strengthens Its Wireless Team Through the
Appointment of an Experienced Wireless Executive as Its New
Director of Sales and Marketing
Market Wire (Tue, Apr 18)
• TelePlus CEO to Deliver Keynote Address at the Upcoming
RedChip Small-Cap Investor Conference in Florida
Market Wire (Thu, Apr 13)
• TelePlus Signed on Three Municipal Government Service
Agreements
Market Wire (Tue, Apr 11)
• TelePlus Enterprises Featured in ItsAboutFinance.com's
Trader Perspective Examining the Wireless Industry
PrimeZone Media Network (Wed, Apr 5)
• TelePlus Sponsors the Prestigious "Official CTIA Press
Reception" at the Upcoming CTIA Wireless 2006 Conference in
Las Vegas
Market Wire (Mon, Apr 3)
• TelePlus announces 2005 Full Year Results with positive
EBITDA
PR Newswire (Fri, Mar 31)
Management
Marius Silvasan, Chairman and CEO. has lead the
Company since October 2003. Prior to joining it, Mr. Silvasan
held the position of President & CEO for Visioneer Calling
Card Inc. and Alliance TeleCard Corp. from 1995 to June 1999.
Previously, he also worked as the National Sales Manager for
The Home Phone Club from 1990 to 1995. Graduate of the HEC
University in Montreal, Mr. Silvasan holds a B.A.C. in
business administration and an MBA.
Kelly McLaren, President has joined the Company in
November 2004. Previously in her career, Ms. McLaren worked 16
years for Pratt & Whitney Canada, Corp. a subsidiary of United
Technologies Corporation, were she held various senior
positions including Business Unit Director - Procurement and
most recently Regional Sales Manager - Latin America. Ms.
McLaren holds an MBA from Ecole des Hautes Etudes Commerciales
(HEC) in Montreal were she focused on marketing and
international studies.
Tom Davis, has served the Company's Chief Operating
Officer since November 2005, following the Company's
acquisition of Telizon Inc., where he held the position of
President and CEO since December 2002. Previously in his
career, Mr. Davis was Senior Vice President, Customer
Operations at Axxent Inc., a Competitive Local Exchange
Carrier (CLEC), President and COO at Cam Net Communications,
President and CEO at ACC Long Distance and consulted for AT&T
canada. Mr. Davis is a graduate of the Wharton School of
Business, University of Pennsylvania with a Bachelor of
Science in Economics.
Roberts Krebs has joined the Company in February
2004. Prior to joining the Company, Mr. Krebs worked nine
years for GB MICRO Electronics, where he held the position of
Vice President, Finance. Prior to GB MICRO, Mr. Krebs held the
position of Controller for Future Electronics and Le Chateau
retail stores. Mr. Krebs holds a C.A. and a Bachelor of
Commerce both from McGill University. Mr. Krebs is an active
member of the Canadian Institute of Chartered Accountants.
Contacts
TelePlus Enterprises, Inc.
7575 route
Transcanada suite 305
St-Laurent, QC
H4T 1V6
Telephone : (514) 344-0778
Fax : (514) 344-8675
E-Mail: Info@teleplus.ca
For investor info call: 1-866-699-3388
FORWARD LOOKING STATEMENTS
This report includes forward-looking statements that
reflect TelePlus Enterprises, Inc. current expectations about
its future results, performance, prospects and opportunities.
TelePlus Enterprises, Inc. has tried to identify these
forward-looking statements by using words and phrases such as
"may," "will," "expects," "anticipates," "believes,"
"intends," "estimates," "plan," "should," "typical,"
"preliminary," "we are confident" or similar expressions.
These forward-looking statements are based on information
currently available and are subject to a number of risks,
uncertainties and other factors that could cause TelePlus
Enterprises, Inc.'s actual results, performance, prospects or
opportunities to differ materially from those expressed in, or
implied by, these forward-looking statements. These risks,
uncertainties and other factors include, without limitation,
the Company's growth expectations and ongoing funding
requirements, and specifically, the Company's growth prospects
with scalable customers, and those outlined above. Other risks
include the Company's limited operating history, the Company's
history of operating losses, consumers' acceptance, the
Company's use of licensed technologies, risk of increased
competition, the potential need for additional financing, the
terms and conditions of any financing that is consummated, the
limited trading market for the Company's securities, the
possible volatility of the Company's stock price, the
concentration of ownership, and the potential fluctuation in
the Company's operating results.
Disclaimer
AllPennyStocks.com feature stock reports are intended to be
stock ideas, NOT recommendations. Please do your own research
before investing. It is crucial that you at least look at
current SEC filings and read the latest press releases.
Information contained in this report was extracted from
current documents filed with the SEC, the company web site and
other publicly available sources deemed reliable. For more
information see our disclaimer section, a link of which can be
found on our web site. This document contains forward-looking
statements, particularly as related to the business plans of
the Company, within the meaning of Section 27A of the
Securities Act of 1933 and Sections 21E of the Securities
Exchange Act of 1934, and are subject to the safe harbor
created by these sections. Actual results may differ
materially from the Company's expectations and estimates. This
is an advertisement for TelePlus Enterprises, Inc. The purpose
of this advertisement, like any advertising, is to provide
coverage and awareness for the company. The information
provided in this advertisement is not intended for
distribution to, or use by, any person or entity in any
jurisdiction or country where such distribution or use would
be contrary to law or regulation or which would subject us to
any registration requirement within such jurisdiction or
country.
© 1999-2005 AllPennyStocks.com. All rights reserved.
AllPennyStocks.com is not a Registered Broker/Dealer or
Financial Advisor, nor do we hold ourselves out to be. All
materials presented on our web site and individual reports
released to the public through this web site, e-mail or any
other means of transmission are not to be regarded as
investment advice and are only for informative purposes.
Before making a purchase or sale of any securities featured on
our web site or mentioned in our reports, we strongly
encourage and recommend consultation with a registered
securities representative. This is not to be construed as a
solicitation or recommendation to buy or sell securities. As
with any stock, companies we select to profile involve a
degree of investment risk and volatility. Particularly
Small-Caps and OTC-BB stocks. All investors are cautioned that
they may lose all or a portion of their investment if they
decide to make a purchase in any of our profiled companies.
Past performance of our profiled stocks is not indicative of
future results. The accuracy or completeness of the
information on our web site or within our reports is only as
reliable as the sources they were obtained from. The profile
and opinions expressed herein are expressed as of the date the
profile is posted on site and are subject to change without
notice. No investor should assume that reliance on the views,
opinions or recommendations contained herein will produce
profitable results. AllPennyStocks.com may hold positions in
securities mentioned herein, and may make purchases or sales
in such securities featured on our web site or within our
reports. In order to be in full compliance with the Securities
Act of 1933, Section 17(b), AllPennyStocks.com will disclose
in it's disclaimer, what, if any compensation was received for
our efforts in researching, presenting and disseminating this
information to our subscriber database and featuring the
report on the AllPennyStocks.com web site. AllPennyStocks.com
has been compensated forty six thousand six hundred dollars in
January 2005 and five thousand dollars in April 2006 by the
company for its efforts in presenting the TLPE profile on its
web site and distributing it to its database of subscribers as
well as other services. AllPennyStocks.com may decide to
purchase or sell shares on a voluntary basis in the open
market before, during or after the profiling period of this
report. As of the profile date, no shares have been sold.
Information presented on our web site and within our reports
contain "forward looking statements" within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934. Any statements that
express or involve discussions with respect to predictions,
expectations, beliefs, plans, projections, objectives, goals,
assumptions or future events or performance are not statements
of historical fact and may be "forward looking statements."
Forward looking statements are based on expectations,
estimates and projections at the time the statements are made
that involve a number of risks and uncertainties which could
cause actual results or events to differ materially from those
presently anticipated. Forward looking statements in this
action may be identified through the use of words such as
“expects’”, “will,” “anticipates,” “estimates, “believes,” or
that by statements indicating certain actions “may,” “could,”
or “might” occur.
THE READER SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE
DILIGENCE BEFORE INVESTING IN ANY SECURITIES MENTIONED.
INVESTING IN SMALL CAP SECURITIES IS SPECULATIVE AND CARRIES A
HIGH DEGREE OF RISK.
We encourage our readers to invest carefully and read the
investor information available at the web sites of the
Securities and Exchange Commission (SEC) at:
http://www.sec.gov and/or the National Association of
Securities Dealers (NASD) at:
http://www.nasd.com. Readers can review all public filings
by companies at the SEC's EDGAR page. The NASD has published
information on how to invest carefully at its web site.
|
|