Perfect Web Technologies, Inc. (PWBI.PK) Subsidiary Signs Letter of Intent to Acquire Telecommunications Company
Perfect Web Technologies announced that its subsidiary, The Perfect Web, Inc., has entered into a letter of intent to acquire Digital communications, a telecom infrastructure development company. Digital communications and its subsidiaries have logged over $12 million in sales and signed four master contracts that have the potential for over $100 million in gross revenue. Digital Communications has received multiple requests from AT&T to open additional offices and expand its current contracts to over $10 million as soon as possible. Thomas L. DiStefano III, CEO, Perfect Web Technologies, Inc. stated, “The management of Digital Communications, Inc. has over 30 years experience…