TAMPA, Fla.-Wireless retailer and hot-spot operator FTS Wireless Inc. said it expects its gross wireless activations to grow by at least 50 percent during the second quarter.
“In the first quarter of ’05, we grew sequential wireless activation levels by more than 40 percent,” said FTS Chief Executive Officer Scott Gallagher. “We’re now projecting second-quarter sequential wireless activations will grow by 50 percent or more.
“FTS has clearly established an upward trend in the growth of our business. During the past six-months, we recorded record revenues and activation levels, eliminated our debt and added three new locations,” said Gallagher. “During 2005, we fully expect to execute our plans and achieve significant, sequential activation and revenue growth rates throughout the year.”
