TPT Global Tech Completes SPA to Acquire 60% of Tekmovil with Cell phone Distribution in 16 Latin American Countries - Seite 2

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Stephen J. Thomas III, the CEO of TPT Global Tech, commented, "The acquisition of Tekmovil signifies a critical juncture in the progression of mobile content engagement. We believe it is poised to significantly reinforce our standing in the market. Over the past year, I have consistently emphasized TPT Global Tech's dedication to providing the essential building blocks for the advancement of TPT. The acquisition of Telmovil underscores our unwavering commitment to our corporate vision and our shareholders, as we persistently endeavor to augment shareholder equity in the years to come."

Oscar Rojas, CEO at Tekmovil, added, "This acquisition represents a significant milestone in the mobile content landscape. We are excited to join forces with TPT Global Tech and VüMe to create a dynamic and comprehensive mobile content ecosystem across the Americas. The synergies created are remarkable. We believe this partnership promises to revolutionize mobile content distribution across the Americas."

About TPT Global Tech: www.tptglobaltech.com

TPT Global Tech, Inc. is a technology holding company based in San Diego, California. The Company operates in various sectors including media, telecommunications, Smart City Real Estate Development, and the launch of the first super App, VuMe technology platform.

As a media content delivery hub, TPT Global Tech utilizes its own proprietary global digital media TV and telecommunications infrastructure platform. TPT offers software as a service (SaaS), technology platform as a service (PAAS), and cloud-based unified communication as a service (UCaaS) solutions to businesses worldwide. Their UCaaS services enable businesses of all sizes to access the latest voice, data, media, and collaboration features.

About VuMe: www.vume.live

VuMe LLC, a subsidiary of TPT Global Tech, specializes in mobile app development. The VuMe super app integrates messaging, broadcasting, and social media elements with live streaming and e-commerce functionalities.

About Tekmovil: www.tekmovil.com

Founded by leading executives of the U.S. and Latin telecommunications industry with decades of experience, Tekmovil helps smartphone and other consumer electronics brands enter, gain, and maintain share in the Latin American and North American markets. Tekmovil started operations in Mexico in 2018 and has expanded to 15 other countries and is now the largest smartphone distributor for official channels in Latin America.

For more information about TPT Global Tech and its subsidiaries, please visit www.tptgloabltech.com.
For media or Investment inquiries, please contact:
Rick Eberhardt
[e-mail]

SOURCE: TPT Global Tech, Inc.

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The TPT Global Tech Stock at the time of publication of the news with a fall of -7,69 % to 0,001USD on Nasdaq OTC stock exchange (20. September 2023, 02:10 Uhr).