A tremendous amount of positives took place in 2007 for Global Roaming Distribution, Inc. (OTCBB:GRDB), a telecommunications holding company specializing in providing extremely low cost roaming solutions for corporations and leisure travelers around the globe. In fact, the end of 2007 found CelTrek (a division of Global Roaming) among a prestigious list of Florida companies who won The Greater Miami Chamber of Commerce’s first ever International Business Leadership Awards.
In spite of that, GRDB has not been resting on its laurels, and 2008 is shaping up to be even more exciting than 07. In just the first quarter of the new year, GRDB announced that it would acquire a 50% ownership in Cubic Telecom Ltd. It also acquired Pat Phelan, who will join the company’s board of directors. Phelan, 43, currently serves as President and co-founder of Cubic Telecom Ltd., an Ireland-based mobile telephone provider now 50% owned by GRDB. Phelan’s broader resume includes founding several other European telecom companies, including Excell Collections Ltd., Cork Phone Limited, and Roam4free Ltd.
Adding a company such as Cubic and an experienced and well versed board member is exciting, but it’s just one of the many advances the company has been making. In fact, just this February, Global Roaming Distribution, Inc. attended the GSMA World Congress 2008 in Barcelona, Spain. It was there that Global Roaming’s subsidiaries MAXroam and Qik, were able to demonstrate their products and services to many of the 55,000 attendee’s of the now-famous cellular event.
By combining MAXroaming’s inexpensive roaming services with Qik’s streaming video, GSMA attendee’s quickly saw the value of Global Roaming Distribution’s cellular alliances. The roaming cellular user has, up to now, been besieged with outrageous costs, and GRDB is now showing them how they can enjoy more services than previously available at a savings of up to 90% from traditional carriers.
2008 is only a few months old, and already Global Roaming has made several major news announcements, acquisitions, product displays, management additions and product enhancements. We can only wonder what the balance of the year will bring, and we wait anxiously to find out.
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