Everybody's Phone Company Targets "Unbanked" Market
June 22 2012 - 7:30AM
Marketwired
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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