ATMC Climbing to the Top of the Telecom Business
-- Tata Communications: Leading Provider, Plus China Unicom -- World Leader: Fortune Global 500 -- Framework of ATMC -- Ingen's New Telecom Division Targeting World Market Consumption -- A New Business Model for Ingen Technologies
RIVERSIDE, Calif., June 28, 2013 (GLOBE NEWSWIRE) -- Ingen Technologies, Inc. (OTC Pink:IGNT) announces that Ingen's new Telecom Division, ATMC Inc., is now providing services for the Virginia based Tata Communications, Inc. The company recently announced its contract with China Unicom (Americas) Operations LTD, and now Tata. Both of them are world leaders in telecom. Ingen's Telecom Division, ATMC Inc., has established relationships with more suppliers, including One World Telecoms, Inc. for expanding existing routes in value of $750,000 per month in gross revenue. ATMC buys and sells minutes with suppliers, and has an opportunity to increase its daily usage to 1.7M minutes. The telecommunications market had a growth of 7.5% in 2011 and predicted growth of 1.4% in 2012. Global spending is forecasted to reach $2.45 trillion in 2016.
Tata Communications is a leading global provider of a new world of communications. With a leadership position in emerging markets, Tata Communications leverages its advanced solutions capabilities and domain expertise across its global and pan-India network to deliver managed solutions to multi-national enterprises, service providers and Indian consumers. China Unicom is a world-leading telecom operator in terms of revenue and customer base, ranking as one of the premier companies in the Fortune Global 500. The company is listed on the stock exchanges of New York, Hong Kong, and Shanghai. With 31 branches in mainland China and 5 overseas subsidiaries around the world, China Unicom offers both fixed and mobile telecom services for customers via an extensive last mile, long haul and international network. China Unicom owns state-of-the-art telecom networks, providing high quality integrated broadband communication and information services.
The Southern California based ATMC is an Inter-Exchange Carrier licensed by the FCC for Domestic and International Telecommunications services, providing voice services serving Domestic and International Public and Private Telephone Companies. ATMC began business in 1989, and continues to provide services in the changing digital communication industry. To learn more about ATMC please visit www.useatmc.com.
Research report for Ingen's Medical Division, along with analyst projections and multi-media, are available at http://www.otcmarkets.com/financialReportViewer?symbol=IGNT&id=95782
Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.
Source:Ingen Technologies, Inc.