TORONTO, ONTARIO — (Marketwired) — 11/06/15 — Tellza Communications Inc. (TSX: TEL) announced its unaudited financial results for the three and nine months ended September 30th, 2015.Revenue for the nine months ended September 30th, 2015 was $213 Million USD compared to $196 Million USD in 2014. EBITDA(i) was $1.7 million USD compared to $2.1 million USD in 2014. While we conduct our business primarily in USD, our stock trades in CDN dollars. With the appreciation of the USD compared to the
TORONTO, ONTARIO — (Marketwired) — 10/30/15 — Tellza Communications Inc. (TSX: TEL) announced today that its senior lender has agreed to increase its credit facility to $6.5 Million from $5.0 Million. The senior lender will continue to have a first ranking security position over all of the assets of the Company and its subsidiary."We have enjoyed a long-standing commercial relationship with our bank, and we are pleased to have a strong financial partner that understands and supports ou
TORONTO, ONTARIO — (Marketwired) — 10/14/15 — Tellza Communications Inc. ("Tellza") (TSX: TEL) announced that it has signed a Settlement Agreement with Vivaro Corporation ("Vivaro") to end litigation between the parties, with provision for mutual releases and each party being responsible for its own costs of litigation. The Settlement Agreement is being presented to the US Bankruptcy court for final approval.The litigation was based upon claims made, in August 2013, by t
TORONTO, ONTARIO — (Marketwired) — 07/27/15 — Tellza Communications Inc. (TSX: TEL) announced its unaudited financial results for the three and six months ended June 30, 2015.Revenue for the six months ended June 30, 2015 was USD$128 Million compared to USD$124 Million in 2014. EBITDA(i) for the six months was USD$1.3 million compared to USD$1.5 million for the same period in 2014. While we conduct our business primarily in USD, our stock trades in CDN dollars. After giving effect to the ap
TORONTO, ONTARIO — (Marketwired) — 06/30/15 — Tellza Communications Inc. ("Tellza") (TSX: TEL) announced that the five nominees listed in its Management Proxy Circular dated May 21, 2015 were elected as directors of Tellza. Detailed results of the vote for the election of directors held on Tuesday, June 30, 2015 in Toronto, Ontario at Tellza–s Annual and Special Meeting of Shareholders are as follows.The Company–s financial statements and other disclosures are available on SEDAR
TORONTO, ONTARIO — (Marketwired) — 06/29/15 — Tellza Communications Inc. ("Tellza") (TSX: TEL) announced today that its business unit Tellza Technologies has signed an agreement to license its Console Enterprise and VoIP.net technology platforms to a UK based telecommunications carrier. This follows a successful implementation and trial period by the UK carrier of our platforms.Console Enterprise is a network management, monitoring and accounting tool, designed for the Telecommuni
TORONTO, ONTARIO — (Marketwired) — 05/13/15 — Tellza Communications Inc. (TSX: TEL) announced its unaudited financial results for the three months ended March 31st, 2015.Revenue was $60 Million USD compared to $51 Million USD in 2014, growth of 18%. Net Income was ($0.1) million USD compared to net income of $0.3 million USD in 2014. The decrease in Net Income is primarily related to the inclusion of operating costs related to Matchcom acquired in 2014 and an increase in depreciation and am
TORONTO, ONTARIO — (Marketwired) — 04/28/15 — Tellza Communications Inc. (TSX: TEL) announced today that it plans to broaden its corporate strategy to include business opportunities beyond the telecom industry.At our 2015 shareholders meeting, scheduled for June 30th, 2015, we will seek approval to change the name of the Company to Tellza Inc. Our Communications and Technology divisions will continue to execute on their business plans, while we will examine opportunities to grow the Company
TORONTO, ONTARIO — (Marketwired) — 11/24/14 — Tellza Communications Inc. (TSX: TEL) announced today that it has purchased for cancellation 9,285,386 common shares of Tellza Communications Inc., representing approximately 5% of the outstanding shares of the Company, at an average price of $0.124 per common share.The shares were acquired from Company executives and former executives pursuant to an exemption from issuer bid requirements under applicable securities law. Following the cancellati