re: Ann: MOU Signed with Hong Kong based CITI... if - fre white...

re: Ann: MOU Signed with Hong Kong based CITI... if -

fre white labels with both asia star and 1616 - watch this space

Mmmm, no, I do not think just these 2 deals if they even get off the ground are enough. Remember, Freshtel already has partnered with Tesco in the UK over 18 months ago with White Label and so far that appears to have yielded nothing or very little.

Tesco are the largest retailer in the UK with dedicated telecomunications divisions, right? 50 Billion Pound Revenue with 1792 stores all around the world. Has 31% marketshare in its home market. And a 14% Freshtel shareholder to boot, where's their revenue from this? Surely this would be Freshtels's best customer, right?

I do not believe it is one or two individual deals that will help Freshtel but rather tens and hundreds of deals. VOIP is about saving money, you need a lot of minutes to make a decent revenue.

These guys ought to do a lot less talking and a whole lot more walking. Instead of announcing every little potential deal they need to announce revenue increases.