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Next Group Holdings Announces Two Wholesale Telecommunications Carrier Agreements Worth $150M Annually To Expand Its International Footprint And Delivery Of Services
Next Group Holdings Announces Two Wholesale Telecommunications Carrier Agreements Worth $150M Annually To Expand Its International Footprint And Delivery Of Services.
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[{"type":"text","content":"\n\n\n\nNext Group Holdings Announces Two Wholesale Telecommunications Carrier Agreements Worth $150M Annually To Expand Its International Footprint And Delivery Of Services\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nNext Group Holdings Announces Two Wholesale Telecommunications Carrier Agreements Worth $150M Annually To Expand Its International Footprint And Delivery Of Services\nPR Newswire\nMIAMI, Feb. 22, 2018\n\n\n\nMIAMI, Feb. 22, 2018 /PRNewswire/ -- NextGroup Holdings (NGH), Inc. (OTCQB: NXGH), a FinTech service provider delivering mobile banking, credit and telecommunications to underbanked and underserved communities, has announced two key wholesale telecommunications agreements, set to deliver annual gross revenues up to, or in excess of, US$150M to NGH in 2018. \n\nThe general service agreements with COMTEL Direct dba MSG Telco, a CHT Holdings Company and Wiztel USA will support the development and delivery of key banking and communication services to more than 70 million underbanked and underserved individuals within the United States. \n\n\"The ability to develop close working relationships with prominent market telecom carriers like MSG Telco and Wiztel USA should bring significant revenue and profit to NGH. This will strengthen the company financially and should provide a springboard for additional FinTech projects that will allow us to better serve our existing and future customers,\" stated Orlando Taddeo, CEO of International Operations for Limecom, a subsidiary of NGH.\n\n\"I am very excited about the tremendous benefit that this estimated revenue of up to $100 million or more in 2018 between NGH and MSG Telco can provide to both companies. The potential synergy between MSG Telco and NGH should benefit both companies for 2018 and for years to come,\" stated Harrison Vargas, CEO of MSG Telco and CHT Holdings Group.\n\nBoth telecommunications carriers have been engaged as external contractors to deliver communications services through Next Group Holdings Inc. \n\nAbout Next Group Holdings, Inc. \n\nNext Group Holdings, Inc. (OTCQB: NXGH) is a ...