Open Letter from CEO

Open Letter to Shareholders from Chief Executive Officer (CEO), William J. Sanchez

Ormond Beach, FL / March 15, 2021 / Telco Cuba, Inc. (OTC PINK: QBAN)

Dear Shareholders,

Telco Cuba, Inc. (OTCPINK:QBAN) announces the appointment of Mr. Patrick T. Wall, to the Board of Directors.  Mr. Wall was most recently a Regional Senior Commercial Officer at the United States Department of Commerce.  His assignments, during his 30+ year tenure at the Department of Commerce, saw him and his team successfully advocate for billions of U.S. dollars of export sales on behalf of U.S. industry on all five continents.

Among Mr. Wall’s more storied posts are: Regional Senior Commercial Officer for Argentina, Paraguay, and Uruguay; Principal Commercial Officer in Ho Chi Minh City, Vietnam; and Commercial Counselor in the Philippines.  He has also represented US Industry interests in Dubai, UAE, and managed partner posts in Oman.

Other assignments placed Mr. Wall in Central America, where he served as a Senior Commercial Officer, part of the team that negotiated the Free Trade Agreement (FTA) between the United States and Panama. 

Mr. Wall’s appointment to the board of directors is notable and significant.  Telco Cuba’s earlier international endeavors were shelved due to US Government policy changes. Mr. Wall's experience at the Commerce Department affords the company with a seasoned director who can provide guidance and assistance in dealing with government entities related to grants to our cable/broadband business unit, the potential exporting of our systems and know-how to foreign markets.  His 30 years of experience in negotiating and closing deals will be vastly beneficial as we continue our growth as a company.

Telco Cuba is preparing for the lump sum payment that Advanced Satellite Systems will receive by appointing experienced, industry specific directors to ensure maximum shareholder value.

The appointment of Mr. Flinn and Mr. Wall, each accomplished and successful in their respective fields, is key to reaching those stated goals. 

The future is bright for Telco Cuba, Inc. We thank you for your time and wish you well.

Thank You,

William J Sanchez
President & CEO
Telco Cuba, Inc.

william@telcocuba.com
(305) 747 – 7647

NON SOLICITATION:
This press release does not constitute an offer to sell or the solicitation of an offer to buy any of these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale is not permitted. Any securities offered or issued in connection with the above-referenced merger and/or investment have not been registered, and will be offered pursuant to an exemption from registration.

FORWARD-LOOKING STATEMENTS:
This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," "anticipate," "estimate," "expect," "intend," and "project" and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the company's filings with the SEC. The occurrence of any of these risks and uncertainties could have a material adverse effect on the company's business, financial condition, and results of operations.

Contact us at:
William J Sanchez
Chairman/CEO
william@telcocuba.com
(305) 747 7647 x 101
Follow "QBAN" on Twitter: @telcocuba
Stock Symbol: QBAN
Company Website: www.telcocuba.com

Open Letter from CEO

Open Letter to Shareholders from Chief Executive Officer (CEO), William J. Sanchez

Ormond Beach, FL / March 10, 2021 / Telco Cuba, Inc. (OTC PINK: QBAN)

Dear Shareholders,

Telco Cuba, Inc. (OTCPINK:QBAN) announces the appointment of Mr. Francis Flinn, to the Board of Directors.  Mr. Flinn is the current Chairman of the District Governance Board of the “East Central Vermont Community Fiber Network”, (“WWW.ECFIBER.NET). ECFiber is a multi-municipality provider offering broadband/Internet service to over 23 towns in the State of Vermont.  Mr. Flinn’s experience throughout his 12 years at ECFiber, participating in the process of raising funds through bonds, governmental grants and other investment friendly instruments, as well as a background in technology benefits Telco Cuba, Inc. with a director who can positively help guide the company.

The appointment of Mr. Flinn as director is an important step in our overall growth strategy.  His knowledge and experience will provide informed counsel in key financial and technical aspects of our roll-out of Broadband and Cable Television infrastructure. 

Continuing on its expansion efforts, Telco Cuba is redoubling efforts to sell-off non-core assets.  2021 will be an important year for the company, with its stated major push for growth of Advanced Satellite Systems, it behooves Telco Cuba to shift its focus entirely on strategy aimed at growth and increasing shareholder value.

We are steadfast in our plans for growth, and are actively seeking a worthwhile acquisition candidate of a cable television/internet service provider to add to our portfolio. 

The FCC completed the second and final phase of Auction 107.  The FCC has set forth a schedule for winning bidders to pay for the spectrum won in the auction.  Once those payments are made, we expect to have a better idea of when the $1.4+ Million lump sum payment, which we elected to receive and that the FCC accepted, will be paid.  We are cautiously optimistic of the timing but expect the payment will be made within the second quarter.

For more information on the FCC Auction 107 and how it relates to Advanced Satellite Systems, Inc., please click https://www.telcocuba.com/FCC-AUCTION-107-INFO and click https://www.telcocuba.com/FCC-AUCTION-107-ACCEPTED-LIST

The US Government, through the COVID-19 Relief Act and The Cares Act has funded several initiatives that will benefit Advanced Satellite Systems on its mandate of growth.  Among the initiatives is the Emergency Broadband Benefit Program, which grants a $50 monthly subsidy to households affected by the pandemic, Connecting Minority Communities Pilot Program, and the Broadband Infrastructure Deployment grant.  The company plans on taking full advantage, where possible of the aforementioned grants and other opportunities in furtherance of our goals of increasing our reach and overall subscriber growth.

As stated before, the future is bright for Telco Cuba, Inc. We thank you for your time and wish you well.

Thank You,

William J Sanchez
President & CEO
Telco Cuba, Inc.

william@telcocuba.com
(305) 747 – 7647

NON SOLICITATION:
This press release does not constitute an offer to sell or the solicitation of an offer to buy any of these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale is not permitted. Any securities offered or issued in connection with the above-referenced merger and/or investment have not been registered, and will be offered pursuant to an exemption from registration.

FORWARD-LOOKING STATEMENTS:
This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," "anticipate," "estimate," "expect," "intend," and "project" and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the company's filings with the SEC. The occurrence of any of these risks and uncertainties could have a material adverse effect on the company's business, financial condition, and results of operations.

Contact us at:
William J Sanchez
Chairman/CEO
william@telcocuba.com
(305) 747 7647 x 101
Follow "QBAN" on Twitter: @telcocuba
Stock Symbol: QBAN
Company Website: www.telcocuba.com

Open Letter from CEO

Open Letter to Shareholders from Chief Executive Officer (CEO), William J. Sanchez

Ormond Beach, FL / September 21, 2020 / Telco Cuba, Inc. (OTC PINK: QBAN)

Dear Shareholders,

            While the last 6 months have been unprecedented in scope, Telco Cuba, Inc. has kept moving our agenda forward.   Each business unit fared differently during the past 6 months, but we believe the future is brighter.

Advanced Satellite Systems, Inc.

Advanced Satellite Systems, Inc. abided by the “Keep Americans Connected” initiative, spearheaded by the Federal Communications Commission (FCC).  We were precluded from disconnecting non-paying customers, and saw self-customer attrition due to inability to pay.  We have adjusted to the changes by expanding our service offerings to other cities in the State of Florida.  More information will be disseminated as we progress on that front.

The FCC has mandated a restructuring of C-Band frequencies in use by the industry. The restructuring, or “repack” is intended to free up a large portion of the C-Band spectrum for auctioning.

The repack has opened up several opportunities for Advanced Satellite Systems, Inc., most notably is the FCC’s offer of a lump sum figure to compensate registered earth station operators for the expense associated with the repack.

Advanced Satellite Systems, Inc. operates 7 registered and licensed earth stations throughout our service footprint, each with a headend providing service to the adjacent areas. The lump sum payment due to Advanced Satellite Systems, Inc., based on the FCC cost catalog is approximately $1.35 Million Dollars. 

Telco Cuba, Inc. is analyzing how best to proceed with this windfall, to further Advanced Satellite Systems, Inc. objectives. The proceeds offer an opportunity for growth via Advanced’s current infrastructure, acquisitions and beyond.

Advanced Satellite Systems is continuing its infrastructure overhaul.  The company has completed approximately 90% of a rewire in Ormond Beach, FL.  Once complete, we will start to offer 4K and HD television services there. 

Work has commenced in Edgewater, FL as well, rewiring with the same intention of offering next generation type services to customers in that city.  

Naked Papers

The effect of the quarantine on consumers has been especially beneficial to the Naked Papers Brand unit.  An increase in sales in the business unit is attributed to changing consumer habits; consumers are more hygiene conscious and Naked Papers brand paper is a personal use item. 

Telco Cuba, Inc. is confident the increase in sales will further bolster the sale of the business unit as this product does not fit in our synergy or long term growth strategy. 

Amgentech, Inc.

Amgentech, Inc. is expanding its service offering to include residential services, targeting Advanced Satellite Systems, Inc. customers.  We expect the new offerings to start in Mid-October, marketing services in the Daytona Beach, Daytona Beach Shores, Edgewater, Ormond Beach, and Flagler Beach service areas.

Thank You,

William J Sanchez
President & CEO
Telco Cuba, Inc.

william@telcocuba.com
(305) 747 – 7647

NON SOLICITATION:
This press release does not constitute an offer to sell or the solicitation of an offer to buy any of these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale is not permitted. Any securities offered or issued in connection with the above-referenced merger and/or investment have not been registered, and will be offered pursuant to an exemption from registration.

FORWARD-LOOKING STATEMENTS:
This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," "anticipate," "estimate," "expect," "intend," and "project" and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the company's filings with the SEC. The occurrence of any of these risks and uncertainties could have a material adverse effect on the company's business, financial condition, and results of operations.

Contact us at:
William J Sanchez
Chairman/CEO
william@telcocuba.com
(305) 747 7647 x 101
Follow "QBAN" on Twitter: @telcocuba
Stock Symbol: QBAN
Company Website: www.telcocuba.com