HOUSTON, Dec. 9, 2010 (GLOBE NEWSWIRE) -- Everybody's Phone Company, Inc. (Pink Sheets:EVPH) announces today that advertising strategies and available pre-paid home phone service packages will target Texas' fastest growing population, Hispanics. Texas is the gateway to South America and the influx of immigrants and births of Hispanics in the state accounts for 36% of the Texas population, roughly 8.5 Million people. The advertising and retail community at large has recognized the importance of Hispanic consumers. Huge names like McDonalds, Wal-Mart, Kohl's Department Stores, General Motors and AT&T have devoted entire teams to creating market strategies to capitalize on the growing spending power of Hispanic-Americans. It is with this trend in mind that EVPH is creating specialized packages and billing plans tailored to meet the needs of the nation's fastest growing population.
In the Houston metropolitan area Hispanics are the second largest population in the city accounting for almost 41.9%, with 31.9% being of Mexican origins. Approximately 400,000 of Hispanics in the city are illegal immigrants who, although their status in this country is shaky at best, frequently engage in pre-paid service options and tend to live a cash-only lifestyle. EVPH never does credit checks or asks for social security numbers. Since many Hispanics in Texas are credit disadvantaged or do not have bank account for Everybody's Phone Company the Hispanic community represents a huge market segment that will benefit from flexible plans, low rates, and cash-up-front billing system.
Everybody's Phone Company is in negotiations to create International calling packages which would allow state-side Mexicans to call Mexico without costly calling cards or pre-paid international phones (whose rates usually start around .50 cents per minute). Everybody's Phone Company envisions monthly plans that include calls to Mexico as part of a low monthly set price. Being based in Houston, TX, Everybody's Phone Company already feels a close connection with the Hispanic community and looks forward to providing them with flexible, affordable telephone service both in Texas and, one day, far beyond the Lone-Star borders.
About Everybody's Phone Company
Everybody's Phone Company (EVPH) acquires heavily discounted telephone service from the incumbent local exchange carriers, such as AT&T and Verizon, and resells the service at premium rates on a prepaid basis yielding above average profit margins and mitigating bad debt. Everybody's Phone Company has obtained regulatory approval to sell and provide local telephone service in the State of Texas [Service Provider Certificate of Operating Authority (SPCOA) No. 60785]. Once EVPH achieves critical mass in Texas, the Company plans to expand its prepaid telecommunications product offerings nationwide. For more information, visit .
The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
CONTACT: Everybody's Phone Company, Inc. Steven H. Bethke, President & CEO (713) 268-1610 www.everybodysphonecompany.com