MISSISSAUGA, Ontario, Feb. 22, 2005 (PRIMEZONE) -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article by Glenn Wilkins, an AllPennyStocks.com News Reporter, this one discussing TelePlus Enterprises, Inc. (OTCBB:TLPE), its industry and future prospects.
Wilkins notes that their (cell phones) popularity is almost proportional to their annoyance value; cell phones are practically everywhere. They're smaller, more powerful and feature cuter rings than ever before. No wonder, therefore, that the wireless market is the fastest growing consumer segment in history. When the final figures roll in for 2004, total wireless subscribers in the U.S. alone are expected to number greater than 175-Million, 13% more than the year before. But analysts say this will still leave the American wireless penetration rate at only 60%, compared to an average of 85% for most other countries, according to the numbers from the Organization for Economic Cooperation and Development (OECD). This would imply room for growth well into 2007 for hungry, "go-get-'em" wireless retailers, with the U.S. market powering much of that improvement.
Wilkins also points out that one company poised to tap into this rich vein of success is Montreal-based TelePlus Enterprises, Inc., a chain of one-stop shops that deals in wireless and portable communications, and which is starting to make its presence known throughout North America. TelePlus has an ever-expanding network of 39 branded stores in major Canadian shopping malls, as well as more than 800 retail points of distribution in the U.S. What's more, TelePlus recently launched its MVNO wireless service stateside, well positioned to capture the growth of the U.S. prepaid wireless market.
The full version of this special report on TelePlus Enterprises, Inc. can be found at: http://www.allpennystocks.com/apsc/us/article/tlpe_february_22_2005.htm
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Although the majority of AllPennyStocks.com reports are independent, it has received compensation for carrying the report on TelePlus Enterprises, Inc. (OTCBB:TLPE), the compensation is forty six thousand six hundred dollars by the company. This creates an inherent conflict of interest and readers are encouraged to view the full disclaimer at http://www.allpennystocks.com/apsc/us/stock_profiles/tlpe.htm.