Unilava Corp, a leading provider and developer of diversified communications and services across multiple devices and software platforms, announced today the first implementation of their Letter of Intent with China Wi-Max Communications to identify funding and resource opportunities to support engineering and capital needs towards their joint venture.
Unilava’s recent data center expansion with China Dragon Telecom, a pending acquisition, will help the companies meet the increased data needs in China. China Wi-Max has already invested more than $4 million developing fiber wireless services in China to offer customers advanced technology, improved reliability and fast data speeds. The companies aim to have more than eight marketing, sales and call centers, with a footprint of six global offices around the globe.
Baldwin Yung, President and CEO of Unilava Corporation, stated, “By combining our resources, we will increase our development to deploy 3G/4G Wi-Max in China, an increasingly demanding market. This partnership will allow us to provide wireless high-speed internet to deliver cellular service and multimedia devices that will accelerate and expand our customer growth.”
CHWM’s President and CEO Steven Berman added, “This agreement is a continuation of our business plan and to develop our fiber and wireless assets through strategic alliances and joint venturing.” CHWM Executive Vice President Eric Hager continued, “We are very pleased to obtain Unilava’s commitment to start developing our assets in China. We believe we have an advantage in China, where the Internet market is now the largest in the world and has the greatest upside growth potential.”