China Wireless Broadband play!
VELA – VelaTel Global Communications is a small telecommunications carrier operating primarily in China and Peru. It focuses on the deployment of Wireless Broadband telecommunications networks.
VELA controls approximately 34,000 kilometers of installed fiber optic cable and holds WBB licenses for 9 cities in Fujian Province in China, in addition, it provides Internet services in 26 other cities. Under valued, Highly Speculative, Short term play, Keep an eye!
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