Article Excerpt:
TWST: We would like to begin with a brief historical sketch of the company and a picture of things as they are now.Mr. Silvasan: TelePlus Enterprises is a publicly traded company on the OTC Bulletin Board. We have been public since October 2003. The business was founded in 1999, originally as a privately owned business, and our purpose was primarily to provide consumers with a variety of telecom and wireless products and services. And since 1999, the business has grown quite considerably. As a matter of fact, in 2005, we finished with revenues in the vicinity of around $8 million, and in 2006 we now have a run rate in revenues of roughly around $30 million with very strong fundamentals. And that has been true in providing what customers need in the telecommunication and wireless world, providing them with a variety of landline and long distance offers, Internet products and, of course, a variety of wireless cell phones, all catering to specific niches in the marketplace in the United States and in Canada.
TWST: Were there any growing pains along the way?
Mr. Silvasan: Absolutely. No company can say that it has grown without
any growing pains. As all other companies, in terms of growth, there
were just a myriad of milestones that we had to achieve over the last
six years. But we have achieved those milestones quite successfully with
the result of having put in place a compelling offer for our customers
and having delivered some very significant results for our shareholders,
both in terms of revenue growth and in terms of positive EBITDA and
positive earnings to our shareholders.
Tickers included in this excerpt: TLPE
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