3P Networks Inc Bids to Acquire Broadcasting Networks Niche South East Asian strategy targets value arbitrage
Released on: December 7, 2007, 6:43 pm
Press Release Author: Grant B Miller
Industry: Telecommunications
Press Release Summary: 3P Networks Inc. (US OTC:TPNW.PK) ("the Company") has made a bid to acquire a leading telecommunications provider in Cambodia and is positioning itself to tender for two additional cable and broadcasting networks in neighboring Laos and Vietnam.
Over the last three years, 3P Networks Inc. has been focusing on developing technologies which assist in the "custom bundling" of multiple products, like HD-TV, fixed and wireless VoIP and broadband connectivity, in a common platform. The Company has already begun marketing its technology in North America, and will employ such technology to restructure and enhance the cable-broadcasting assets acquired. The Company's management realizes that aggregating subscribers is the name of the telecommunications game; the growth-oriented markets of the niche South East Asian region (in and around Cambodia) offer a unique window of opportunity. For more information please access the company's website at (www.3pnetworksinc.com).
About Diversified International Projects
Diversified International Projects Co. Ltd. (D.I.P.) is a limited liability company, incorporated under the laws of the Kingdom of Cambodia and Dominica. DIP was created to promote financial enterprises and represent financial institutions and investors in the Asia region. In addition, it was established as a conduit to represent its principals' own investment funds as well as those of outside investors with an interest in investment opportunities in the region.
D.I.P. also serves as a new-to-market entry consultancy that assists foreign companies in identifying and qualifying investment opportunities, seeking joint venture partners and retaining legal and auditing services. Over the past 20 years, D.I.P. principals have been involved in a number of significant transactions, particularly related to investment and property development activity, and are well positioned to represent financial enterprises as well as develop, implement and market financial-related services to markets in the fast expanding Asian region.
Company Contact
Grant B Miller Investor Relations Manager 1-707-291-8343 www.3pnetworksinc.com
For Europe contact: Adriana Moretti at +39-392-3733710 email at: info@quoteplatform-italy.net.