Charge Enterprise's Wholly Owned Subsidiary, PTGi-ICS, enters
into Memorandum of Understanding with Go4Mobility. PTGi-ICS
leverages its global commercial platform to include SMS data
messaging services.
NEW
YORK, May 6, 2022 /PRNewswire-PRWeb/ -- Charge
Enterprises, Inc. (Nasdaq: CRGE), ("Charge"), consisting of a
portfolio of global businesses with the vision of connecting people
everywhere with communications and electric-vehicle "EV" charging,
today announced that its wholly owned subsidiary,
PTGi-International Carrier Services Ltd ("PTGi"), a
telecommunications company providing global wholesale termination
network connectivity with premium quality voice connectivity and
discounted rates, has entered into a memorandum of understanding to
work towards a definitive agreement with Go4Mobility to launch
Short Message Services (SMS), commonly known as texting
services.
Go4Mobility's master aggregation solution enables a connection
between digital content providers and the billing systems used by
telecom operators. On top Go4Mobility manages A2P SMS, enabling
large amounts of messages to be sent quickly, efficiently, and
safely through their Gateway, to multiple destinations around the
World, creating international scale in voice and SMS.
PTGi plans to sell this proposed new product line across its
existing international commercial platform working in alliance with
Go4Mobility. Go4Mobility will provide SMS technology and
region-specific industry knowledge to create a global solution for
CPaaS developers, small and large enterprise, mobile network
operators (MNOs) and national incumbents.
"We are delighted to partner with PTGi given their history as an
international telco provider. Their global relationships with
incumbents combined with our enterprise relationships and market
knowledge is a perfect match," said Rui
Cordeiro, CEO of Go4Mobility.
"This strategic partnership unlocks access to new markets and
plays to PTGi's strength as a globally distributed commercial
platform. By layering our reach on top of partner technologies, we
are well positioned to provide value to shareholders now and in the
future," said Craig Denson,
President & CEO of PTGi.
About Go4Mobility
Go4Mobility is based in Portugal
and operates in more than 10 countries with 3 offices worldwide.
Having more than 15 years of experience in the field of mobile
communications and digital services providing Mobile Payments, A2P
SMS & Voice services. Go4Mobility helps telecommunication
operators, media groups and other mobile-focused companies deliver
a better end-user experience with a comprehensive range of digital
solutions that strive to boost your revenue. For more information,
visit http://www.go4mobility.com
About PTGi-ICS
PTGI-International Carrier Services Ltd. is a wholly owned
subsidiary of Charge Enterprises Inc, (Nasdaq: CRGE) a
telecommunications division, providing termination of both voice
and data to Carriers and Mobile Network Operators (MNO's) globally
for over two decades and will selectively add profitable products
and services to this long-established business. For more
information, please visit http://www.ptgi-ics.com
About Charge Enterprises, Inc.
Telecommunications
Our Telecommunications business ("Telecommunications") has provided
termination of both voice and data to Carriers and Mobile Network
Operators ("MNOs") globally for over two decades and we will
selectively add profitable products and services to this
long-established business.
Infrastructure
Our Infrastructure business ("Infrastructure") has a primary focus
on two fast growing sectors: electric vehicle ("EV") charging, and
Telecommunications Network 5G, including cell tower, small cell,
and in-building applications. Solutions for these two sectors
include: Design and Engineering, Equipment Specification and
Sourcing, Installation, Data and Software Solutions, and Service
and Maintenance.
To learn more about Charge, visit Charge Enterprises.
Media Contact:
Steve Keyes (248) 952-7022
Steve.keyes@centigrade.com
Investor Relations:
Carolyn Capaccio, CFA (212)
838-3777
Ccapaccio@lhai.com
Notice Regarding Forward-Looking Information
This press release contains forward-looking statements within
the meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements reflect
current expectations or beliefs regarding future events or Charge's
future performance. Often, but not always, forward-looking
statements can be identified by the use of words such as "plans",
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cautionary statement.
Although Charge believes that the expectations expressed in such
forward-looking statements are based on reasonable assumptions,
such statements involve risks and uncertainties, and actual results
may differ materially from any future results expressed or implied
by such forward-looking statements. Such risks and uncertainties
include the business plans and strategies of Charge, Charge's
future business development, market acceptance of electric
vehicles, Charge's ability to generate profits and positive cash
flow, changes in government regulations and government incentives,
subsidies, or other favorable government policies, and other risks
discussed in Charge's filings with the U.S. Securities and Exchange
Commission ("SEC"). Readers are cautioned that the foregoing list
of risks and uncertainties is not exhaustive of the factors that
may affect forward-looking statements. Accordingly, readers should
not place undue reliance on forward-looking statements. The
forward-looking statements in this press release speak only as of
the date of this press release or as of the date or dates specified
in such statements. For more information on us, investors are
encouraged to review our public filings with the SEC which are
available on the SEC's website at http://www.sec.gov. Charge
disclaims any intention or obligation to update or revise any
forward- looking information, whether as a result of new
information, future events or otherwise, other than as required by
law.
Media Contact
Steve Keyes, Centigrade Inc., 1
(248) 952-7022, steve.keyes@centigrade.com
SOURCE Charge Enterprise