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United Clearing - Provides mobile roaming settlement

May 2005

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • UCL
  • Price:
  • 82p
United Clearing (82p; UCL): Over the past few years it has become so much easier for mobile phone users to use their phones when travelling abroad. A small UK-based company has grown its business on the back of providing a settlement service for these inter-company call charges. It might sound a simple business but mobile phone tariffs are incredibly complex, especially when charges for SMS texts and data are incorporated. A mobile company may also decide to favour one roaming partner over another depending on the discount they offer whilst currency, with each operator paying in their local currency, only complicates the settlement between operators even more. Atul Devani, United?s chief executive and one of the duo that founded t ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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