Teletouch Communications, Inc. (OTC: TLLE), a leading U.S. wireless services and consumer electronics provider, today announced that it recently entered into a two-year, Authorized Representative Agreement with Sprint (NYSE: S) subsidiary, Sprint Solutions Inc., a leading provider of wireless and wireline communication services and the only national carrier to offer wireless 4G service.
"The recently launched high-speed 4G data services by Sprint in the DFW market herald a new era in telecommunications and data services," stated T.A. "Kip" Hyde, Jr., President, Chief Operating Officer and Director of Teletouch. "Having seen first hand the ability of the Sprint 4G network to provide live data, including full-motion video on a 42" flat-screen, simultaneously with interactive web applications, voice and other real-time data delivery, I can truly say that Sprint's product and service offerings will be a game-changer in the markets we serve together."
Hyde continued, "Each month, Teletouch serves tens of thousands of customers and end-users through our cellular billing, two-way radio, wholesale distribution and consumer electronics retail, direct and eCommerce businesses nationwide. We are truly excited to offer Sprint's communications, data and entertainment services to our customers."
About Teletouch Communications
For nearly 45 years, Teletouch has offered a comprehensive suite of wireless telecommunications solutions, including cellular, two-way radio, GPS-telemetry and wireless messaging. Teletouch is a leading authorized provider of AT&T (NYSE: T) products and services (voice, data and entertainment) to consumers, businesses and government agencies, as well as an operator of its own two-way radio network in Texas. In addition, Teletouch operates a chain of 26 retail and agent stores under the "Teletouch" and "Hawk Electronics" brands, in conjunction with its direct sales force, call centers and various retail eCommerce websites including: www.hawkelectronics.com and www.hawkexpress.com. Through its wholly-owned subsidiary, Progressive Concepts, Inc., Teletouch operates a national distribution business, PCI Wholesale, primarily serving large cellular carrier agents and rural carriers, as well as auto dealers and smaller consumer electronics retailers, with product sales and support available through www.pciwholesale.com and www.pcidropship.com, among other B2B oriented websites.
Teletouch's common stock is traded Over-The-Counter under stock symbol: TLLE. Additional information about the Teletouch family of companies can be found at www.teletouch.com.
All statements from Teletouch Communications, Inc. in this news release that are not based on historical fact are "forward-looking statements" within the meaning of the PSLRA of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While the Company's management has based any forward-looking statements contained herein on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties, and other factors, many of which are outside of our control, that could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not necessarily limited to, those set forth under the caption "Risk Factors" in the Company's most recent Form 10-K and 10-Q filings, and amendments thereto, as well as other public filings with the SEC since such date. The Company operates in a rapidly changing and competitive environment, and new risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. The Company disclaims any intention to, and undertakes no obligation to, update or revise any forward-looking statement.
Contacts:
Investors & Analysts
Teletouch Communications, Inc.
Amy
Gossett, Investor Relations
800.232.3888
investors@teletouch.com
or
Customers
& Distributors
Chris Mundt, Channel Director
817.654.6191
chrism@pcicorp.com