Article: PhoneBrasil announces $60 million JV with Amitelo and contract with Colombia government for 5 years.(BRAZIL)

PhoneBrasil International Inc. announces a $60 million joint venture with AMITELO AG and a 5-year contract with the government of Colombia.

PhoneBrasil announced that it has entered into a joint venture with Amitelo AG. Under the terms of the joint venture, PHBR will provide the expertise necessary to develop and operate under a five-year, $60,000,000 contract a telecommunication program commissioned by the government of the Columbia. PhoneBrasil will not only develop and service the program but will also ...

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