$QBAN,,,Here is an article explaining the contract
Post# of 103014
Telco Cuba Signs Teaming Agreement to Offer Telecommunications Services to the US Government
Marketwired MarketwiredMay 3, 2016
HOLLYWOOD, FL--(Marketwired - May 3, 2016) - Telco Cuba, Inc. ( OTC PINK : QBAN ) -- Telco Cuba, a publicly traded telecommunication provider, today announced it has signed a teaming agreement to offer the US Federal Government telecommunications services under the Network Services 2020 (NS2020) strategy.
In line with CEO, William J. Sanchez's strategy for Telco Cuba, Inc., the company has signed a teaming agreement to offer telecommunication, network and infrastructure services to the US Federal Government under the NS2020 strategy.
"The teaming agreement to offer services under the GSA's NS2020 strategy opens the door to a lucrative, 50 Billion in government contracts over a 15 year period. Telco Cuba has the resources and is highly qualified and poised to take on these opportunities in the highly lucrative federal network and telecommunication space," said Mr. Sanchez.
Network Services 2020 (NS2020) is the US Government's strategy for the next generation of telecommunications and information technology (IT) infrastructure services. It provides a roadmap for the future of the Network Services Programs (NSP), including evolution beyond the regional Local Service Agreements (LSAs), and other current contracts. More information can be found at:
LINK: http://www.gsa.gov/portal/category/106303
Telco Cuba is a cellular service provider currently targeting the Cuban-American demographic in the US. Its plans call for providing international calling at lower rates than competitive landline rates, and bundling digital, cell phone and text messaging services in Cuba as soon as it becomes legally viable to do so.
Safe Harbor Notice
Certain statements contained herein are "forward-looking statements" (as defined in the Private Securities Litigation Reform Act of 1995). Telco Cuba cautions that statements made in this news release constitute forward-looking statements and makes no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. These statements may address issues that involve significant risks, uncertainties, estimates and assumptions made by management. Actual results could differ materially from current projections or implied results. Telco Cuba undertakes no obligation to revise these statements following the date of this news release. Additional details of the Company's business can be found in its public disclosures as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC" EDGAR database.
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