Readen Holding Corp. (PINKSHEETS:RHCO) Announced Signing a Contract With one of the Largest Telecom Prepaid Suppliers in the ...
April 03 2012 - 9:58AM
Marketwired
READEN HOLDING CORP (PINKSHEETS:RHCO) Announced today that MOHO
telecom ltd a 100% subsidiary of Readen holding corp signed a
contract with on off the largest telecom prepaid suppliers in the
world; Lebara Group (www.lebara.com)
Starting may 2012 the two companies will work together by
placing sales cabinets in the 720 locations of the so called
"Lebara blue stores" in the Netherlands. In each of the stores Moho
Telecom will place a presentation cabinet what includes 26 models
of mobile phone handsets supplied by Moho telecom. The cabinets
will be placed on a rack jobbing system they will be fully serviced
and supplied by the MOHO logistics-, and sales operation.
Each cabinet will contain from the start 20 single and dual simm
D5 Mobile branded (Moho Telecoms private label) Bar and
Smartphone's and 6 phones from the brands Nokia, Samsung and
Motorola. All phones will be supplied with free Lebara sim cards
incl free EUR.15,= calling credits the phones will retailed for
prices starting at EUR.19,= till EUR. 69,=.
The companies forecast to distribute approx. 150.000 phones on
top off the company's regular distribution in the first 12 months
with an average retail price of EUR. 39,=. The extra sales revenue
for MOHO Telecom will be approx. EUR. 2.500.000,=. Website
www.readenholdingcorp.com
Readen Group's mission statement is to be a valuable partner for
customers in terms of technical flexibility, quality and
competitive pricing through the complete value chain (SIM cards,
mobile phones and applications).
This press release may contain forward-looking statements,
including, but not limited to, statements regarding Readen Holding
Corporation and its plans, products and related market potential.
Forward-looking statements may be identified by the use of the
words "anticipates," "expects," "intends," "plans," "should,"
"could," "would," "may," "will," "believes," "estimates,"
"potential" or "continue" and variations or similar expressions.
These statements are based upon the current expectations and
beliefs of management and are subject to certain risks and
uncertainties that could cause actual results to differ materially
from those described in the forward-looking statements. These risks
and uncertainties include, but are not limited to, risks and
uncertainties discussed in Readen Holding Corporation's postings on
the OTC Markets Disclosure & News Service and future filings
with the Securities and Exchange Commission, which factors are
incorporated herein by reference. Readers are cautioned not to
place undue reliance on any of these forward-looking statements.
Readen Holding Corporation undertakes no obligation to update any
of these forward-looking statements to reflect events or
circumstances after the date of this press release or to reflect
actual outcomes.
Contacts: Readen Holding Corp. Ronald Steenbergen +31 3562
99970info@readenholdingcorp.com
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