About 6 months ago one of the worlds largest retail chains Tesco signed an agreement and took a 6% stake in Frshtel to sell its Internet Phone as part of their push into the VOIP space.
Freshtel will provide the network, infrastructure and billing information for the retailer.It will earn per user licence fees and margins on all calls to a landline or mobile.
Tesco will also pay maintenance fees and Freshtel will earn additional royalties on all hardware purchased by Tesco from Freshtel's manufacturing partners.
Tesco launched the advertising campaign and the advertising campain in the UK
See the ad on this link:
http://www.streamx.com.au/freshtel/0706/start.htm
I noticed some large buyers late in the day yesterday.
I'd keep a close eye on it coz i think theres some gains to be made on this on.
About 6 months ago one of the worlds largest retail chains Tesco...
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