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Posted On: 03/16/2018 8:50:19 AM
Post# of 99250
MSPC NEWS "Etelix Announces Execution of Vodafone India Deal and 2018 Record February Revenue of $726,365
Fri March 16, 2018 7:45 AM|GlobeNewswire|About: MSPC
NEW YORK, NY, March 16, 2018 (GLOBE NEWSWIRE) -- Metrospaces, Inc. (MSPC-OLD) (OTC: MSPC) announces that Etelix increased February revenue by 13% over January.
Mr. Leandro Iglesias, Etelix CEO, stated: “Our business plan continues in frank execution with continued and notable revenue growth not just year-over-year but also month-over-month. Continued reinvestment from operation has been key in growing revenue and this is a trend that must continue in order to meet our mid-year estimates or $1 million in monthly revenue. February 2018 revenue closed at $726,365 in comparison to $644,147 in 2017. This represents an increase of approximately 13% year-over-year and an increase of also 13% month-over-month. Additionally, we signed Vodafone India into our carrier VoIP exchange business, setting the first step of a potentially multi-service relationship. Vodafone India has over 211 million retail subscribers interconnected to Etelix’s international VoIP exchange and value-added services. I will congratulate the rest of our management team for a great job as the company continues to meet its short, mid and long-term revenue and profit growth. The company foresees continue reinvestment of operating profits to continue to grow the business, as the company will continue to generate more revenue opportunities that it is able to finance with cash flow.”
About Etelix.com USA, LLC
Fri March 16, 2018 7:45 AM|GlobeNewswire|About: MSPC
NEW YORK, NY, March 16, 2018 (GLOBE NEWSWIRE) -- Metrospaces, Inc. (MSPC-OLD) (OTC: MSPC) announces that Etelix increased February revenue by 13% over January.
Mr. Leandro Iglesias, Etelix CEO, stated: “Our business plan continues in frank execution with continued and notable revenue growth not just year-over-year but also month-over-month. Continued reinvestment from operation has been key in growing revenue and this is a trend that must continue in order to meet our mid-year estimates or $1 million in monthly revenue. February 2018 revenue closed at $726,365 in comparison to $644,147 in 2017. This represents an increase of approximately 13% year-over-year and an increase of also 13% month-over-month. Additionally, we signed Vodafone India into our carrier VoIP exchange business, setting the first step of a potentially multi-service relationship. Vodafone India has over 211 million retail subscribers interconnected to Etelix’s international VoIP exchange and value-added services. I will congratulate the rest of our management team for a great job as the company continues to meet its short, mid and long-term revenue and profit growth. The company foresees continue reinvestment of operating profits to continue to grow the business, as the company will continue to generate more revenue opportunities that it is able to finance with cash flow.”
About Etelix.com USA, LLC
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