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News: ZipTel reaching enterprise agreement

  1. ZipTel (ASX:ZIP) has been granted an ASX trading halt in relation to a significant enterprise agreement.

    The halt will remain in place until the earlier of the announcement being made or the start of trade on Tuesday, 17th February 2015.

    The telecommunications focussed company provides international roaming and calling solutions to consumers.

    Earlier this month, it successfully completed the Phase One Pilot of its ZipT app with over 9,000 users acquired over a three week period.

    Users tested the application in a 36 hour period; placing over 60,000 calls across 300 landline and mobile networks and sending 6,500 messages to users in over 120 countries.

    The testing proved to be extremely positive, with no stress showing during peak hours.

     

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