Level 3 Securities Market Performers this morning are: Diamond Bay Holdings, Inc. (OTC: DBHD), Cisco Systems (NASDAQ: CSCO), Sun Microsystems (NASDAQ: SUNW) and Sirius Satellite Radio (NASDAQ: SIRI).
DBH Telecom is entering the newly liberalized South African telecommunications marketplace via a joint venture with ISO Pty, subsidiary of an established South African provider of call center services, among others. DBH Telecom is a wholly owned telecom subsidiary of Diamond Bay Holdings, Inc. (DBHD.PK). Through this agreement, DBHD will gain access to a marketing database of more than 2 million mobile phone users, and ISO provides an established SMS gateway. What great news for investors! The joint venture company, to be named SMSCall, will offer international “voice service activated” using mobile phone Short Message Service (SMS) to specify the number called and which number to be called back (if different). What a great way to establish DBHD’s presence in the international calling market while boosting this stock’s value!
SMSCall intends to apply for a full “Pre-Selected Carrier” license, which allows the company to compete for consumer long distance and international calls as an alternative carrier. South African telecom customers don’t choose their provider but the state regulator, ICASA, has established pre-selected carrier regulations to encourage competition in this sector. As competitors enter this space, which was deregulated last month, SMSCall plans to diversify into facilities-based operations, and control its own domestic network as a pre-selected carrier in order to maintain its competitive advantage. Revenue is expected to climb because SMSCall is entering a new marketplace with an innovative product. This is a great time to add DBHD to your portfolio!
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According to published World Bank data, the GDP of South Africa is $104 billion. More than $3 billion or 3 percent of this is spent on telecommunications services. That number is likely to rise as the country grows and flexes its economic muscle. DBHD has estimated that the international calling services market is comprised of 7 percent of all telecom services revenue or $220 million. DBH Telecom is committed to securing its fair share of that market. DBH Telecom expects that its initial margins from the SMSCall service may exceed 100 percent. DBH has analyzed competitor tariffs against its costs and pricing for the initial SMSCall service and plans to leverage their global experience in deregulated markets with qualified local partners. DBHD is a smart company on the leading edge of a telecommunications explosion!
Diamond Bay Holdings, Inc. operates as a holding company with subsidiary operations that include: telecommunications services, exclusive real estate destination properties, e-commerce Internet marketing and career services. For more information visit: www.diamondbayholdings.com.
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