CVC International, Inc. Subsidiary Projects Revenues To Reach Over $8 Million Annually
China Voice Holding Corporation (CHVC) (OTC:CHVC), announced today that its U.S. Subsidiary, CVC International, Inc. (CVC) has acquired the assets of a Dallas, Texas-based VoIP telecommunications carrier. The acquisition doubles the size of the Company’s network infrastructure as well as its customer base and also provides new profitable international routes for CVC’s wholesale termination business.
Jose Ferrer, CHVC’s Chief Operating Officer, said, “Since CVC was established, it has grown organically in a safe and controlled manner. This acquisition is the perfect vehicle to take us to the next level without leveraging or unnecessarily exposing the Company’s resources. We are very excited about integrating our newly acquired Nextone switch, proprietary billing and system automation technology and other carrier grade equipment into our existing network architecture as it will automate many functions and make our operations even more efficient.
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