Internet Mobile Communications Ltd (IMC) is delighted to announce its support and sponsorship of TelecoDays Prague 2016 the leading International Telecoms Trade show.
IMC CEO, Mark Stewart was a key note speaker on the subject of ‘Banking Trends in International Telecoms’.
Mark Stewart said’ “It was a pleasure to deliver a speech at the Prague Telecodays show on a thought provoking subject for an industry currently spending an estimated US$18Bn a year on international Bank fees”.
Bank of Telecom ® is the global market for international voice telecom suppliers. Launched on 1st September 2015 Bank of Telecom ® already has over 250 Members.
Western Union Business Solutions (WUBS) enables companies of all sizes to send and receive cross-border payments. WUBS have great expertise in moving USD funds around the globe with a global financial network spanning more than 170 countries and territories.
Bank of Telecom ® Members currently reside in 60 countries across every Continent with the majority of Members represented in South America, Africa and Asia.
Using Bank of Telecom ® saves an international telecoms carriers over 70% per annum in Bank wire fees.
Mark Stewart continued, “Bank of Telecom ® Membership is showing strong growth to over 250 signed up Members and the Bank of Telecom ® trades are growing month on month and potentially the industry could save US$12Bn per annum on Bank wire fees by using Bank of Telecom ®”.
Bank of Telecom ® does not use a Bank to pay its Members and so does not pass on Bank charges to its Members.
ALL Members trading on Bank of Telecom ® will see a dramatic increase in trade margin from using the service. Please contact your commercial representative for a FREE cost comparison.
The Bank of Telecom® portal (www.bankoftelecom.com) is offered in Chinese, Russian, Spanish and English as the world’s first voice telecoms market for suppliers.
IMC’s vision is to continue to develop its business for all nationalities, cultures, languages and locations for consumer and business users worldwide.
For more information: www.im-comms.com
About Western Union: Western Union Business Solutions are a Fortune 500 global leader in foreign exchange (FX) and a trusted international payments provider with clients operating in over 200 countries and territories around the world. Western Unions dedicated team helps companies of all sizes operate across borders and currencies with confidence and success. Western Union have a range of simple basic payment solutions through to more complex, sophisticated cash management solutions and risk management products for larger organisations with more complex FX needs.