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Everybody's Phone Company, Inc. (PINKSHEETS: EVPH) (OTC: EVPH) announced yesterday that they have launched an affiliate marketing program aimed at the Texas "unbanked" market.
An estimated 30% of Texans currently do not have a bank account; this alone prohibits their ability to get reoccurring monthly charges required for a landline phone. Everybody's Phone Company estimates $2,000,000 in revenues from targeting bundled phone products in grocery stores, convenience stores, pawn shops and check cashing locations around Houston, Texas. It is estimated 25% of households no longer have a landline. In a study by Pew Research, it is reported that, "reported that those with lower incomes are less likely to own a landline" and that "The tendency of low-income households to be cell-only is partially due to the unpredictable nature of landline telephone bills where you pay for service after use. Users who end up with outstanding unpaid balances are disconnected from the telephone network, and because of a monopoly of service, this can serve as a barrier to reconnection for users."
Everybody's Phone Company, sells prepaid, unlimited local (dial tone) telephone service to the residential market, primarily in greater Houston. The Company is fully licensed by the Texas Public Utility Commission to resell telephone services throughout the State. Once EVPH achieves critical mass in Texas, the Company plans to expand its prepaid telecommunications product offerings nationwide.
Other active telecom stocks are, AT&T (NYSE: T), Verizon (NYSE: VZ) and Sprint (NYSE: S)
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