Adya Inc V.ADYA

Alternate Symbol(s): ADYIF

Communication Services Telecom Services

Adya Inc. is a Canada-based holding company. The Company, through its subsidiaries, is engaged in the telecommunications and technology business. Its telecommunication services include long distance, Telehop business and wholesale services and wireless services. Its long distance services are provided through casual calling access codes, calling cards, monthly subscriptions and home phone Voice over Internet Protocol (VoIP) services. It provides global cellular phone communications services, SIM cards, roaming devices and worldwide Wi-Fi roaming solutions that are sold directly and through distributors for use around the world. Its geographical segments include Canada and the United States. Its subsidiaries include Telehop Network Systems Inc., G3 Telecom USA Inc., 179766 Ontario Inc., Telehop Agencies Inc., iRoam Mobile Solutions Ltd., Telehop Global Israel Inc., Telehop Management Inc., Telehop Rebillers Limited, The Friend Network Services Inc. and others.

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Post by Stock20on Jun 21, 2017 5:20pm

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Post# 26389763

looking to expand business beyond telecommunication.

“We continue to launch new product offerings and pursue acquisition opportunities with the goal to diversify our revenue streams,” said Rajiv Jagota, President and CEO of Adya. “I am excited to expand our channels of business that will provide key growth areas to help offset the industry-wide decrease in Long Distance revenues.”

Telehop Communications Inc. to Trade as ADYA on the TSX

At its recent Annual General Meeting, Telehop Communications Inc. shareholders voted in favour of changing the company's trading and holding company name to Adya Inc. ("Adya" or the "Company"). The TSX Venture Exchange has also approved the name change, and trading has commenced under the new name and ticker symbol ADYA on Thursday, February 10th, 2017.

"We started our successful M&A strategy under the Telehop moniker and we been pleased with our opportunities and results," said Rajiv Jagota, President and CEO of Adya. "However, it was necessary that we compartmentalize our numerous organizations and rebrand our holding company. Defining the Adya vision not only makes it easier for potential investors to understand our Company’s goals, it also provides a clear foundation for more diverse expansion."

The Company's wholly owned subsidiaries, Telehop Communications Inc. (Telehop), G3 Telecom Corp. (G3 Telecom), and iRoam Mobile Solutions Inc. (iRoam) will continue to operate as distinct entities and operating platforms.