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3P Networks Inc. Bids to Acquire Broadcasting Networks.

Publication: Business Wire
Publication Date: 26-NOV-07 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Niche South East Asian Strategy Targets Value Arbitrage

NEW YORK -- 3P Networks Inc. (Pink Sheets:TPNW) ("the Company") has made a bid to acquire a leading telecommunications provider in Cambodia and is positioning itself to tender for two additional cable and broadcasting networks in neighboring Laos and Vietnam. The Company's strategy is to rapidly build shareholder value via credible cash flows from an established and expanding subscriber base and to invest in areas where valuations are considerably below standard industry benchmarks employed in the developed capital markets.

After a number of false starts, the telecommunications industry in countries like Cambodia, Laos and Vietnam is begging...

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