Tellza Announces Q3 Financial Results
Revenue for the Nine Months Ended September 30 Climbs to US$196M – Up 75% Year Over Year
Tellza Announces Appointment of Mike Vazquez as Chief Executive Officer
TORONTO, ONTARIO — (Marketwired) — 10/27/14 — Tellza Communications Inc. ("Tellza") (TSX: TEL) announced that its President, Mike Vazquez, has been appointed Chief Executive Officer of Tellza.Mike has been overseeing the operations of Tellza for several years, and has proven himself to be a skillful telecom and business manager. Mike–s appointment as CEO is the culmination of a succession plan which was put in place in 2010 by Tellza–s Board of Directors, when the business was r
Trustee for Vivaro (Formerly STI Prepaid) Sues to Recover $700,000 Paid to Tellza for Services Rendered
TORONTO, ONTARIO — (Marketwired) — 10/21/14 — Tellza Communications Inc. ("Tellza") (TSX: TEL) announced that the trustee in the Chapter 11 proceedings of Vivaro Corporation (formerly STI Prepaid) has commenced a lawsuit seeking to recover alleged preferential transfers of approximately $700,000 made to Tellza for services rendered in the ordinary course of business. Tellza believes that the claim in the lawsuit is entirely without merit and intends to defend the matter vigorously
Tellza Acquires 8 Million Common Shares for Cancellation
TORONTO, ONTARIO — (Marketwired) — 11/21/13 — Tellza Communications Inc. (TSX: TEL) announced today that it has purchased for cancellation 8 million common shares of Tellza Communications Inc., representing approximately 4.2% of the outstanding shares of the Company, at an average price of $0.11 per common share. As in the past, Tellza will continue to buy its shares for cancellation when opportunities present themselves which make such acquisitions in the best interests of the Company and
Tellza Three and Nine Month Revenue Up 73% and 58%
TORONTO, ONTARIO — (Marketwired) — 11/14/13 — Tellza Communications Inc. (TSX: TEL) announced its financial results for the nine months ended September 30th, 2013.Revenue for the three months ended September 30th, 2013 was $38 Million compared to $22 Million in 2012, an increase of 73%. Revenue for the nine months ended was $112 Million compared to $71 Million in 2012, an increase of 58%.EBITDA(i) for the three months ended was $950,000 compared to $639,000 for the same period in 2012, an i