Overland Park, KS.–(HISPANIC PR WIRE – BUSINESS WIRE)–July 12, 2006–Sprint (NYSE:S) and Oblio Telecom (a wholly owned subsidiary of Titan Global Holdings) (OTC BB: TTGL) have announced an agreement to distribute targeted international, private-label prepaid products. Oblio Telecom, one of the largest distributors of international prepaid products in the U.S., will distribute the Sprint private-label prepaid cards to retail and other businesses via its distribution network.
“Sprint has a history of providing prepaid cards that offer quality service and high value to its customers,” said David Bottoms,vice president indirect retail for Sprint. “Our relationship with Oblio Telecom will allow us to reach prepaid calling card customers who have a real need to connect with their friends and family overseas. Marketing within the international prepaid card business requires a partner, like Oblio Telecom, who has a proven distribution strategy for reaching this important group of customers.”
Sprint will immediately offer 25 differentiated private-label prepaid products through its Oblio Telecom relationship and expects to launch additional products in the coming months.
“Oblio Telecom has a rich history of delivering quality product to the prepaid market place. Oblio Telecom distributes prepaid calling cards through a growing retail network which covers an estimated 60,000 locations nationwide and in Puerto Rico,” said Kurt Jensen, President and CEO of Oblio Telecom. “This strategic partnership with Sprint will enable Oblio Telecom to further distinguish itself as a high quality leader in the prepaid industry.”
“We are excited to add Sprint private-label prepaid calling cards to our product offerings,” said Bryan Chance, Chief Financial Officer of Titan Global Holdings and Oblio Telecom. “Sprint is a very desirable strategic partner given its exceptional financial stability, integrity, and commitment to customer service and quality.”
About Oblio Telecom
Oblio Telecom is a wholly owned division of Titan Global Holdings,Inc. and is a market leader in prepaid telecommunications services. Oblio Telecom provides a broad array of prepaid international calling cards through a distribution network covering an estimated 60,000 retail locations nationwide and in Puerto Rico. In addition, Oblio Telecom recently launched BRAVO Cellular, a prepaid wireless communication service.
About Sprint Nextel
Sprint Nextel offers a comprehensive range of communications services bringing mobility to consumer, business and government customers. Sprint Nextel is widely recognized for developing, engineering and deploying innovative technologies, including two robust wireless networks offering industry leading mobile data services; instant national and international walkie-talkie capabilities; and an award-winning and global Tier 1 Internet backbone.