ChinaTel CEO to Speak at 4G World® Conference at McCormick Place Chicago on October 20-21
CEO George Alvarez to Participate in Executive Roundtable Breakfast and WiMax Operators Development Forum
SAN DIEGO, CA – September 30, 2010 – George Alvarez, CEO and director of US-based ChinaTel Group (OTCBB: CHTL), a leading provider of wireless broadband telecommunication deployments and infrastructure development, will speak on two panels at the 4G World™ conference being held October 18-21 at McCormick Place Chicago in Chicago, Illinois. During the conference, ChinaTel will further strengthen its positioning as a leader in the international wireless broadband arena by delivering key insights on the industry’s LTE evolution and the impact of WiMax worldwide.
On Wednesday, October 20, Mr. Alvarez will be a panelist for the Executive Roundtable Breakfast hosted by FierceWireless magazine. The panel, which will run from 8:00 am to 9:30 am, is focused on the question: “Will TD-LTE Signal the End of Mobile WiMAX?” The facilitator of the panel will be Sue Marek, Editor-in-Chief, FierceWireless. Co-panelists include Yung H. Hahn, Director of Wireless Strategy & Ecosystem Initiatives, WPO, Intel Corporation; Monica Paolini, Founder & President, Senza Fili Consulting; and Jaikishan Rajaraman, Senior Director, GSMA. Following the panel discussion, Mr. Alvarez will be available to meet with shareholders, the media and potential investors throughout the day at 4G World.
On Thursday, October 21, Mr. Alvarez will also be speaking as a member of the WiMax Operators Development Forum. During this event, which will take place from 2:45 pm to 3:45 pm, operators from around the world and their vendor partners will provide insight and perspective on the rewards and challenges of planning, deploying and operating fixed and mobile WiMAX networks. Co-panelists will include Dr. Terry Ahn, Senior Vice President, KT Corp.; Ching-Tarng Hsieh, Taiwan Regional Director, WiMAX Forum; Richard Kolsby, Rocky Mountain Broadband; and Jeff Thompson, President and CEO, Towerstream.
ChinaTel holds the exclusive rights to operate wireless broadband networks in the 3.5 GHz radio frequency spectrum in the 29 largest cities in China, through a partnership with CECT-Chinacomm. Chinacomm is under a government mandate to build out and launch service in the first 12 cities in China by June 2011. Because of ChinaTel, partial deployments in key portions of the first three cities - Beijing, Shanghai and Shenzhen – have already been completed. In addition, ChinaTel owns 95% of Perusat, a Peruvian telecommunications company with licenses to operate wireless broadband networks in the 2.5 GHz radio frequency spectrum in the seven targeted cities in Peru.
With up to $640 million in committed funding from the Isaac Organization, ChinaTel is firmly on course for deploying the largest WiMax network around the globe. In addition, the Company recently signed a binding memorandum of understanding (MOU) with ZTE for a strategic partnership to advance both parties’ interests in delivering telecommunications solutions worldwide.
For more information about ChinaTel visit www.chinatelgroup.com. In addition, executives from ChinaTel are now available for media and analysts interviews. For details about the conference, please contact www.4Gworld.com or contact McCormick Place Chicago at 1-312-791-7000.
About 4G World™
4G World is the first industry conference and expo covering the entire ecosystem for next-generation networks supporting high-speed broadband and full mobility, anywhere Internet access, mobile content, applications and transactions. For more information, visit www.4Gworld.com.
About ChinaTel Group, Inc.
ChinaTel Group, Inc. (ChinaTel), through its controlled subsidiaries, provides fixed telephony, conventional long distance, high-speed wireless broadband and telecommunications infrastructure engineering and construction services. ChinaTel is presently building, operating and deploying networks in Asia and South America: a 3.5GHz wireless broadband system in 29 cities across the People’s Republic of China (PRC) with and for CECT-Chinacomm Communications Co., Ltd., a PRC company that holds a license to build the high speed wireless broadband system; and a 2.5GHz wireless broadband system in cities across Peru with and for Perusat, S.A., a Peruvian company that holds a license to build high speed wireless broadband systems. ChinaTel’s vision remains clear: (i) to acquire and operate wireless broadband networks in key markets throughout the world; (ii) to deliver a new world of communications; and (iii) and invest in building long-lasting relationships with customers and partners to lead the broadband industry in customer service and responsiveness. Our strategy is to build leading-edge IP-leveraged solutions advanced by our worldwide infrastructure and leadership in emerging markets. For more information, visit www.ChinaTelGroup.com.
Safe Harbor Statement
This press release contains forward-looking statements that involve risks and uncertainties. Actual results, events and performances could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause the Company’s actual results, expressed or implied, to differ materially from expected results. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making an investment decision.
Investor/Shareholder Contacts:
ChinaTel Group, Inc.
Tim Matula
1-877-260-9170
or
The Investor Relations Group
James Carbonara or Erika Moran
1-212-825-3210
Media/Industry Analyst Contacts:
Core Insights 360
Kimberley Brown
1-404-314-2900
or
Kimber Smith
1-714-267-0219
pr@coreinsights360.com
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