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The concept in detail:

5Tel offers territories for sale. Each territory will be exclusive to the Licensee and have the potential to hold up to 100 payphones.

  • There will be a license charge for each territory which will include 20 5Tel internet payphones, training, instructions and manuals.
  • Additional payphones can be purchases as required in lots of five
  • Subject to 5Tel approval, licensees can purchase additional territories at a reduced cost (which also includes 20 5Tel internet payphones

  • The Licensee installs the payphone at no cost to the location. Cash is collected from these payphones on a regular basis, weekly, fortnightly or montly depending on location volumes.
  • The Licensee pays the location owner the agreed share of the revenue.
  • 5Tel bills the Licensee 5Tel's share of the revenue and network maintenance fee with the Licensee retaining the balance as profits.
  • Territories can be bought and sold subject to 5Tel's terms and conditions
  • 5Tel to provide training on location, acquisition, retention and installation.

  The Licensee investment being offered is as follows:
  • Investor buys a license which gives them a territory
  • Licensee then installs 20 5tel internet payphones at suitable locations which have a broadband connection
  • Licensee collects cash from payphones on a regular basis
  • Revenues from the payphones are split between the location owner and the licensee under an agreed formulae