SAN ANTONIO, TX, United States, via ETELIGIS INC., 06/25/2015 – – Wytec International, Inc., a subsidiary of Competitive Companies Inc. (CCI) (OTC Pink: CCOP) (PINKSHEETS: CCOP), announced today it has developed an electronic marketing system called “WyQuote” allowing independent direct sales agents access to instantaneous online quotes to nationwide wireless services available to their clients. “We are very excited about this development and its immense capabilities in “ramping up” substantial revenues for both CCI and on Wytec’s Diamond Ring backhaul,” remarks William Gray, President/CEO. The WyQuote marketing system was conceived when the Company began focusing on how to generate usage on its millimeter wave network.
After extensive research, the Company discovered that more than 60% of U.S. telecom sales are generated through an online quote system. “There are three major quoting platforms in the U.S. utilized by approximately 100,000 direct and master agents generating over 2,500,000 instant quotes for products and services for their clients every month,” remarks Michael Adzija, Network Operations Manager.
Capaciti Networks, a wholly owned subsidiary of CCI, will manage the initial online activation of the WyQuote system. Upon activation, Capaciti expects to open the portal to more than 40,000 U.S. direct telecom agents introducing both fixed and mobile broadband services. The WyQuote system will host wireless services only and will not host “wired” services such as DSL, Cable or Fiber Optic Internet access. It is the only online electronic quote system on the market today to focus entirely on wireless products and services. Wytec will earn a monthly fee from both enterprise sales and data usage for the use of WyQuote.
About Wytec International, Inc.
Wytec, a subsidiary of Competitive Companies, Inc., was founded in 2011 as a Nevada-based corporation with corporate offices in San Antonio, Texas. The Company’s primary business focus is developing next generation fixed and mobile wireless broadband technologies in support of the upcoming 5th Generation (5G) Networks designed to expand the current 4G LTE Networks. 5G Networks are aimed to support a minimum of one (1) gigabit of data transfer to fixed and mobile wireless end users utilizing a variety of hand-held smart devices such as smartphones, laptops and tablets. It is also designed to be the primary network in support of the growing Machine to Machine (M2M) applications and other high speed services included in the upcoming “Internet of Things” mobile data marketplace.
About Capaciti Networks, Inc.
Capaciti Networks, Inc., (CNI) a wholly owned subsidiary of CCI, was founded by CCI as a marketing company to market and sell the parent Company’s products and services. After discovering that more than 60% of all telecom sales in the U.S. are generated through an electronic online portal, CNI began researching opportunities to utilize this valuable sales resource. When determining that none of the online portals provided efficient electronic quotes for wireless services, CCI began working with a platform quote provider to custom design its own totally wireless version of a marketing quote system. This evolved into WyQuote and will be utilized by Capaciti Networks in its products and service offerings to master and direct sales agents throughout the U.S. For more information about Capaciti Networks and on how to become a direct sales agent, go to www.capacitinetworks.com.
This press release contains statements that are “forward-looking” and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. Generally, the words “expect,” “intend,” “estimate,” “will” and similar expressions identify forward-looking statements. Since forward-looking statements address future conditions, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made.
SOURCE: Competitive Companies Inc.