Open Letter from the CEO

Ormond Beach, FL / August 31, 2021 / Telco Cuba, Inc. (OTC PINK: QBAN)

Dear Shareholders,

(OTCPINK:QBAN) – With over 100 years of combined experience, Telco Cuba’s independent board members continue to offer opportunities to the company.

The City of Hawthorne is one of the opportunities provided by the board of directors.  The contract signed with the city of Hawthorne is a lucrative 10-year inroad into a fast-growing geographical area of central Florida. An additional 5-year extension on the current contract provides the company with a combined 15 years of access to this area.

Procuring grants is an endeavor that requires experience and know-how. Our board of directors’ experience is instrumental to our current goals and serves to guide management on its path.

The company is entering a period of growth, and with the proper capitalization and board direction, shareholder value will increase. 

On the heels of the City of Hawthorne contract, and several other ongoing negotiations, the company is embarking on another potentially lucrative opportunity, which has the potential to progressively increase the company’s subscriber base by over 13,000 subscribers.

The multi-year project, is another opportunity that has been offered to Advanced Satellite Systems, by its board of directors.  The project, contingent on a master contract that we are unrelated to would enable us to provide Internet and Cable television services to a Florida based electrical services provider.

The value of your board of directors is measured by the opportunities which they help materialize. As president of Telco Cuba, I am pleased that our board is actively looking to increase shareholder value.  Although this email is forward looking in its context, I am pleased that Telco Cuba is continuing onto its manifest destiny.

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

Corporate goals

Ormond Beach, FL / August 23, 2021 / Solidus Communications, Inc. (OTC PINK: QBAN)

Dear Shareholders,

(OTCPINK:QBAN) Up-listing to OTCQB and beyond is a clear goal for the company, every corporate action taken to date is in preparation for the eventuality.

Our name change announcement by FINRA is pending the audit of several financial statements due prior to filing form 15 with the SEC. 

MK&A CPAs has been engaged to audit those statements.  Once complete and filed, we will resubmit our request to FINRA to announce our name change.

We intend to continue auditing our financials, and become an SEC Filer by filing an S1 registration. 

The audits are but one of the up-listing requirements, we already have an OTC designation of “Independent Directors”. 

The company will be convertible and promissory debt free by the end of the year as a result of its capitalization initiatives.

The company filed a “FORM 1 A” circular with the SEC on August 18^th 2021. The purpose of the circular is to request permission from the SEC to sell registered securities to accredited investors.  

The proceeds from the Form 1A circular are intended primarily to grow Advanced Satellite Systems’ subscriber base by acquiring a cable system in our geographic footprint area. 

The proceeds from the FCC Auction 107 lump sum payment are pending.  The company has satisfied C-BAND Relocation Payment Clearinghouse requirements to date. The proceeds are earmarked towards improvements, growth, and investment in both the holding and cable/internet business unit.

The company and its structure were unaffected by the fraudulent articles of merger.  We are stronger than ever and our resolve has not wavered.

2021 is not over, and we expect to have other initiatives announced as they become relevant to the narrative of the company.  Advanced Satellite Systems is negotiating several memorandums of understanding, and they will be announced once signed.  We are positioning Advanced Satellite Systems to gain inroads in Central Florida’s rural communities; those communities are ready and wanting of the services Advanced Satellite Systems offers.  Those rural areas are wanting to be part of the new economy, one that requires internet to attract businesses and residents alike.  We are striving to become the one provider in those areas.

Let the stronger hands prevail.

Thank You,

William J Sanchez

President & CEO

Solidus Communications, 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

OFFICIAL COMPANY SOURCES OF INFORMATION

Ormond Beach, FL / August 19, 2021 / Solidus Communications, Inc. (OTC PINK: QBAN)

Dear Shareholders,

(OTCPINK:QBAN) On August 19^th, 2021 at approximately 6:28 AM PST an Articles of Conversion/Exchange/Merger document was filed/processed by the Nevada Secretary of State.  This document purported to announce the merger of TV, LLC with Solidus Communications, Inc., with Solidus being the surviving entity.

As stated on our TWITTER account, no one employed or affiliated to the company caused this document to be filed with the Nevada Secretary of State.

We reported and filed the necessary complaint paperwork with the Nevada Secretary of State regarding the fraudulent filing.

At this point, we are told that the incident will be investigated.  We will continually follow up on the investigation process to ensure that the secretary of state removes the fraudulent filing.

Currently there are only 4 ways in which we communicate with our shareholders.

The first is our twitter account, of which we are attempting to get verified.  Our twitter account is @telcocuba. 

The second is via the OTC Markets disclosure service. 

The third is via our website: https://www.telcocuba.com

The fourth is via direct communication with the company; Email or Telephonic. All email from the company comes from the domain @telcocuba.com.

Please take care to ensure any purported information that appears to come from the company, is in fact from the company by checking one of the aforementioned sources.

As always, please do your own due diligence to ensure that you have all of the correct information.

All information that we chose to make public will always be found on our official TWITTER account, our OTCMarkets profile, our website, and/or directly from a company official.

We do not make unofficial announcements.

Please keep in mind that any contracts that creates a material event, as a merger would, has to be announced per SEC regulations.  As with any good news, you should expect any company to swiftly announce the action as it greatly benefits the company and its shareholders.  Withholding merger information, in my opinion does not create any opportunity for the company or its shareholders; please keep this in mind when reading and action on news about mergers.

There are many important milestones being worked on, milestones that are compelling and which will be announced when they are set and ready to be disclosed.

Let the stronger hands prevail.

Thank You,

William J Sanchez

President & CEO

Solidus Communications, 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

QBAN Announces updates

Ormond Beach, FL / August 4^th, 2021 / Solidus Communications, Inc. (OTC PINK: QBAN)

Dear Shareholders,

Telco Cuba, Inc. (OTCPINK:QBAN) The company is completing its short-term objectives, especially in Hawthorne, FL. Our Land Earth Station in Hawthorne, FL is now operational and the company anticipates commencement of service to the residents of the city of Hawthorne on September 1^st 2021.  We are holding an open house at the City of Hawthorne city hall during the month of August to demonstrate our services to the residents of the city.  The next steps in Hawthorne include expanding the coverage footprint and fiber to the home (FTTH) initiatives.

Solidus Communications, Inc. is on its way to become convertible debt free and expects to be convertible note free in the next 12 months.  The company’ convertible debt balance is under 60,000.00.

Solidus Communications, Inc. is currently working with three additional cities in Alachua County to provide internet, cable, and digital phone service.  As those projects materialize, we will make more information available. 

We engaged Widelity, Inc. to assist Advanced Satellite Systems, Inc. with the procurement of grant funding.  The process of obtaining grant funds is complex and Widelity’s experience in the matter is important in attaining those funds. Solidus Communications is prioritizing its efforts in filing for the grants, especially with respect to the infrastructure bill, which makes additional funds available within a shorter cycle than other government grants.

On June 22, 2021 the FCC issued an updated incumbent earth station list, in which the FCC confirms the current status of our land earth stations with regards to the FCC accepted list for lump sum recipients.  The list is referred by the CBAND-RPC (C Band Relocation Payment Clearinghouse) in determining payments to be made to operators. On July 23^rd, 2021, the FCC issued overlay licenses to Auction 107 winning bidders.  According to the CBAND-RPC, the issuance of the overlay license was the necessary milestone that would trigger winning bidders to fund the payments to companies whose lump sum claims have been accepted by the FCC.  We are awaiting the CBAND-RPC’s advisement about the next steps to claim the funds allocated to Advanced Satellite Systems.

There are other initiatives in the pipeline and those will be disclosed at a later date.

Thank You,

William J Sanchez

President & CEO

Solidus Communications, 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

Telco Cuba announces appointment of Camille Whiddon as director

Ormond Beach, FL / May 11, 2021 / Telco Cuba, Inc. (OTCPINK: QBAN)

Dear Shareholders,

Telco Cuba, Inc. (OTCPINK: QBAN) announces the appointment of Mrs. Camille Whiddon, to the board of directors.  Mrs. Whiddon is an Enterprise Account Executive at Uniti Fiber, Advanced Satellite System’s connectivity partner of choice. Mrs. Whiddon brings significant experience presenting solutions at academic, government, and private enterprises and is a master negotiator that has led the design, development and delivery of large, multi-dimension technology-based solutions.

Mrs. Whiddon’ successful track record in management, and as an account executive at notable companies such as ADP, Cox Business, FedEx, Staples, Windstream Communications, and now Uniti Fiber makes her addition to Telco Cuba’s board of directors important.

Mrs. Whiddon’ background as a telecommunications professional is unique and important to Telco Cuba.  Her professional background provides Telco Cuba, and Advanced Satellite Systems’ the business intelligence needed to make informed decisions based on years of experience, and sales strategy that can only be garnered from experience.

As the company progresses, and while wireless connectivity is an important part of our overall future, wireless technology nonetheless requires physical connectivity to accomplish its convenience.  Uniti fiber enables Advanced Satellite Systems to accomplish its connectivity requirements, including upcoming connectivity in the cities of Edgewater and Hawthorne, Florida. Mrs. Whiddon’ experience in the fiber connectivity sector is vital.

Mrs. Camille Whiddon is certified to work with all levels of government in the United States (local, county, state and federal) as well as Human Capital Management (HCM) Certified.  Mrs. Whiddon has served as a member of multiple teams supporting the healthcare industry under the Novation, UHC and Amerinet contracts.  

Mrs. Whiddon earned her B.A. from the University of Nebraska - Lincoln.  She's a graduate of Leadership Gainesville, a multi-year Presidents Club Achiever both with FedEx and Windstream and a former board member with the Gainesville Area Chamber of Commerce and Crime Stoppers in Gainesville, FL.

The company continues to position itself for growth in the Internet and cable television services industry.  The prior appointment of Mr. Flinn and Mr. Wall, and now Mrs. Whiddon to the board of directors, each accomplished and successful in their respective field is key to the growth of the company and for the company to reach its stated goals.

These appointments serve to fuel the growth.

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

Telco Cuba’s subsidiary Advanced Satellite Systems signs a TEN-YEAR agreement with the City of Hawthorne, FL.

Ormond Beach, FL / April 12, 2021 / Telco Cuba, Inc. (OTC PINK: QBAN)

Dear Shareholders,

Telco Cuba, Inc.’s (OTCPINK:QBAN) subsidiary Advanced Satellite Systems, Inc. signed a 10 year agreement with the City of Hawthorne, FL for the use of its current cable television and Internet infrastructure, including the city owned earth base station. 

Taking advantage of the Florida population uptrend of the last 12 months, the board has mandated the company to increase its current subscriber base by investing in complementary businesses and new service contracts, such as the one signed with the City of Hawthorne.

The Hawthorne contract is the first step of our strategy to increase the subscriber base of Advanced Satellite Systems’ services in the vastly underserved area of central Florida.

Telco Cuba is consulting with its partners on the eventual roll out of a FTTH/FTTP – Fiber to the Home, Fiber to the Premise offering, with the goal of providing compelling and currently unavailable services in the city of Hawthorne, and the surrounding unincorporated areas. 

Telco Cuba, expects to be convertible and promissory note debt free and cash flow positive within the next 24 months.                                                                                                                                      

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 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