China VoIP & Digital Telecom, Inc. Subsidiary Acquires Chinese VoIP Company to Significantly Increase Revenue


Source: truemedian.com truemedian.com

Key Topics in this News Article:

News Snapshot:

China VoIP & Digital Telecom, Inc. Subsidiary Acquires Chinese VoIP Company to Significantly Increase Revenue By Mentioned in this Article Friday, January 12, 2007 6:34 PM Jinan Yinquan Technology Co., Ltd., a wholly owned subsidiary of China VoIP & Digital Telecom Inc. (OTCBB:CVDT), today announced it has acquired Hangzhou Zhongfang a Voice-over Internet Protocol Services provider based in the Zhejiang Province. The acquisition will expand the Company’s reach into Zhejiang and other southern provinces in the People’s Republic of China. Under the terms of the agreement, Jinan will acquire existing VoIP infrastructure from Zhongfang to facilitate future VoIP sales and...