ChinaTel Group, Inc., a leading high speed wireless broadband, telecommunications infrastructure, engineering and construction services provider, announced that it has selected KCSA Strategic Communications, a leading New York-based communications firm, to head its new investor relations and financial communications program.
KCSA has been commissioned to implement a comprehensive investor relations campaign designed to build greater awareness of ChinaTel following its recently completed $640 million equity financing. Todd Fromer, Managing Partner of KCSA, will lead the investor relations team and provide strategic counsel on financial communication matters, while Lewis Goldberg heads KCSA’s public relations efforts for ChinaTel.
ChinaTel’s CEO, George Alvarez, stated, “This is the beginning of a very exciting chapter in our growth. Our recently completed $640 million equity investment provides us with ample capital to deploy and operate wireless broadband telecommunications networks in 29 cities in the People’s Republic of China (PRC). With the financing behind us and a clear vision for growth, we believe that now is the right time to begin articulating ChinaTel’s story to investors.”
“We chose KCSA as our agency of record for their proven track record of success with helping micro- and small- cap companies increase awareness within the investment community. We look forward to working with the team at KCSA to help us achieve our goals of increasing our shareholder base and creating a market value that is more inline with the opportunity for our rapidly growing business,” commented Mr. Alvarez.
Todd Fromer, Managing Partner of KCSA Strategic Communications, added, “ChinaTel’s potential for growth and expansion is impressive. We are excited to work with management to communicate the Company’s tremendous market opportunity. We believe ChinaTel has many positive milestones on the horizon and we look forward to implementing targeted investor and media programs that will help increase awareness and understanding of the Company within the financial community.”