TPT Global Tech Inc (TPTW) Stock Makes a Big Move: Will it Continue?

Technology/ Telecommunications Media content hub for domestic and international syndication, TPT Global Tech Inc (OTCMKTS:TPTW), on August 30, 2021, announced that its Hong Kong Subsidiary, TPT Asia, signed a USD 240K per year Telecommunications Services contract.

This contract will have a Submarine Data transport system providing 200G of data service between Singapore and Hong Kong. The contract will also be first amongst the series of contracts envisaged by the company, which was deferred due to the coronavirus pandemic. TPT Global will be working for securing more work for the expansion of the Submarine Fiber Optic telecommunications services across the region.

Stephen Thomas, President, and CEO, TPT Global Tech, said that the firm is pleased to see TPT Asia creating revenues. Thomas acknowledged that there have been trying times for the Hong Kong team to gain traction, especially during such trying times. The CEO encouraged his team and asked them to continue with the good work, which has helped the firm in sailing through the times of the pandemic.

Headquartered in San Diego, California, TPT Global Tech provides technology solutions to businesses globally and domestically. The firm offers Software as a Service, Technology Platforms as a Service as well as Cloud-based Unified Communication as a Service besides carrier-grade performance in the United States.