TORONTO, ON / ACCESSWIRE / April 22, 2021 / GlobeX Information Ltd. (OTCQB:SWISF) (CSE:SWIS) (FRA:A2PN34) ("GlobeX" or the "Firm"), the chief in Swiss hosted safe communications and safe knowledge administration, is happy to report that it has acquired the ultimate Distribution Settlement for a distribution deal in South Asia with a big telecommunications operator, for its Swiss hosted Sekur encrypted e mail, encrypted messaging and safe file-share answer. The Firm is reviewing the settlement to ensure it's in accordance with all objects negotiated and is predicted to signal the settlement by Friday April 23 2021, after which GlobeX expects the countersigned settlement to be acquired from the Telecom Operator inside two weeks or much less. The Settlement is with a publicly listed firm and for that reason, the identify of the telecom operator will stay confidential till the settlement has been executed by each events and a proper announcement will be made. The phrases of the Settlement and the identify of the telecom operator will probably be disclosed as soon as the Settlement has been signed by all events. GlobeX expects the Settlement to be accomplished within the subsequent two weeks.
The telecom operator operates in a number of international locations in South Asia and has a worldwide cell subscriber base of over 150 million subscribers. GlobeX already has an settlement in place with América Móvil the seventh largest telecom on the earth, and largest in Latin America, as introduced not too long ago in its press release dated October 13 2020,» Read more from www.itnewsonline.com