TPT Global Tech, Inc. (OTCMKTS:TPTW) stock is witnessing a mild fall in the early morning session on Monday after the news.
Market Action
As of 10:50, TPTW stock moved down 3.10% to $0.0157 with more than 192k shares, compared to its average TPTW of 5.30 million shares. The stock has moved within a range of $0.0155 – 0.0175 after opening the trade at $0.0155.
Major Trigger:
TPT Global Tech, Inc. Announces India Expansion Plans
Key Highlights:
- TPTW announced its expansion plans for India. This expansion will be led by Major General John F. Wharton (US Army, Ret.) who sits on the Board of Advisors of the Company as well as President of its Global Defence Division.
Key Quote:
“Our India operations will focus around sectors such as Smart Cities, Aerospace & Defence, Electronics, FutureTech, BioTech and beyond. The power of our advanced technologies combined with our market intelligence capabilities will enable us to establish our businesses firmly in the East,” said TPT Global Tech Chairman & CEO Stephen J. Thomas III. “We have access to advanced tools for better collaboration and productivity along with customer engagement strategies through our products and services that can generate data-based insights for effective penetration leading to better value for our shareholders. Major General Wharton has strong relationships that will allow us to build lasting and revenue-enhancing partnerships in India which is our immediate focus in the international market.”
Major General Wharton added, “The expansion in India comes at a prudent time. We have products and services that resonate well with the immediate needs. Additionally, our expertise across various sectors will enable TPT Global Tech to build a long-term business in this huge market. I am excited to execute multiple projects that the company has been planning for a while now. Our focus will be on building new business along with delivering value across sustainable goals in India.”
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