XCLLConcludes Exclusive Indonesian Supply Contract

XCLL  Concludes Exclusive Indonesian Supply Contract With ZTE Corp. 

XcelMobility Inc. (OTCBB: XCLL) ("Xcel" or the "Company") a developer of high speed web browsing solutions and related performance enhancing products for mobile devices is pleased to announce it has successfully concluded an exclusive agreement with telecommunications giant ZTE (www.zte.com.cn/en) with the signing of a contract to introduce Xcel's flagship Mach 5 Xcelerator to the huge and growing mobility market in Indonesia. 
The agreement provides that Xcelmobility will be the exclusive supplier of high speed USB modems for ZTE for sale in Indonesia. The initial order is for a minimum of 100,000 units with additional orders anticipated to follow once the initial test market is completed. Indonesia is a nation of over 237 million people, marking Xcel's entry into the fourth most populous nation on the planet after the United States. 

Xcel has previously contracted with ZTE to manufacture the devices for China Unicom, the third largest mobile provider in the world. Based on the preliminary success of the product release in China, ZTE is developing plans to make the Mach 5 enhanced devices available in other key markets. 

ZTE Corporation is a leading global provider and Original Equipment Manufacturer ("OEM") of telecommunications equipment and network solutions. Founded in 1985, it is China's largest publicly listed telecom equipment company. ZTE has the industry's most comprehensive product range of end-to-end solutions covering virtually every telecommunications sector including wireless, access & bearer, VAS, terminals and professional services. The company's expertise in these areas allows it to satisfy the demands of global operators and assist them in their pursuit of innovation. ZTE delivers its high-quality, cost-effective products and services to over 500 operators in more than 140 countries around the globe. 

Xcel CEO, Ryan Ge, comments, "We are very pleased to make this key announcement. It's a significant milestone agreement for Xcel on two fronts as it further strengthens our relationship with ZTE and opens up a massive and important market for the Company." 

http://ih.advfn.com/p.php?pid=nmona&article=52209388  

What I post is my opinion. Do your own DD. Make your own investment decision. Links, images, & retweets are not endorsements.

1️⃣I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
2️⃣All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
3️⃣I will not and cannot be held liable for any actions you take as a result of anything you read here.
4️⃣Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this site, expressed or implied herein, are committed at your own risk, financial or otherwise.

4️⃣Not Financial Advice. What I post is my opinion.
Also Paid for Advertising/IR/PR on Emerging Companies
Full Disclaimer: https://corporateads.com/disclaimer/