Zupintra Opens Another Door
As the company described they would several weeks ago, another key Latin American market has been brought into the Zupintra Corporation (OTCBB: ZUPC) fold. Thanks to the receipt of three key licenses, the company can now hit the ground running in Panama.
Zupintra announced they have been granted three licenses by the Panamanian government….one to offer international long-distance, one to offer Internet access (act as an ISP), and one to operate a call center within the country. Being permitted to do those three things will allow the company to proceed with its expansion plans in the region. Zupintra expects the Panama infrastructure to be in place and driving revenue by the end of their next quarter.
From a macro-view, these licenses represent tangible progress toward the company’s expansion plans. This is the third telecom license Zupintra has received for the region (networks in Argentina and Uruguay are already up and running), and more are said to be on the way. Considering the relative rarity of these licenses for most of the continent’s countries, this could be considered a big victory for the company, and its shareholders.
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