TAMPA, Fla.-FTS Wireless Inc. said it plans to expand its wireless content portal, www.CellChannel.com, to include prepaid and post-paid wireless service plans, handsets and accessories next month. Also, the company said it expects to lose less money in the second quarter.
“We’ve received the necessary approvals from our strategic partners and are finalizing plans to expand our handset distribution capacity to our wireless content portal,” said Scott Gallagher, FTS chief executive officer. “On the operational side, we now anticipate a sequential decline in our net loss of 75 percent or more for Q2 as a result of several cost-containment initiatives implemented earlier in the year.”
FTS, a wireless Wi-Fi operator, also operates retail wireless locations in the Florida Gulf Coast and markets and sells wireless products and services.
