BFE Telecom Launches The Black 411™ to Help Consumers Find and Locate Black Businesses

Fort Lauderdale, FL (PRWEB) March 30, 2006

BFE Telecom, inc. ("The Company") announced today they are launching the revolutionary new Service The Black 411™. The service is designed to help consumers find and locate Black Owned Businesses across the country. The service will officially launch on April 30th, 2006, but we are currently signing up subscribers and businesses to the service beginning in January of 2006.

BFE Telecom Inc., is a black owned Telecom company targeted at promoting Black Business through technology. The company was founded in 2005. The company was founded by Lawrence Spear a Telecom executive with over 20 years in the telecom field. Mr. Spear has held several key executive positions with several telecom companies, and most recently was VP of Sales and Marketing for the telecom division of a fortune 500 company. "I have spent years finding and creating solutions for major companies throughout the world, and I saw an opportunity to create something that would make a difference in the lives of my own people". said Mr. Spear.

Spear further added, "This type of service is long overdue and necessary. There is a huge gap between the financial resources and opportunities for Blacks and Black businesses in this country, and the mainstream. We have over 36 Billion Black Americans in this country, and we also spend over $750 Billion annually, yet our businesses only receive .4% of the receipts generated in this country. The Black 411™ will help to level the Economic Playing Field. If we can strengthen the black business that will lead to more job creation, better schools, cleaner safer communities, and it will provide additional options for our youth.

The new service is designed to simplify the way that consumers find and locate Black Owned businesses. The service is especially useful to the Black Business person, or someone who travels a great deal. Sometimes you may find yourself in a new city or part of town and you are in need of a haircut or some good homecooking. The Black 411™ will be there to help you locate the type of business or service you need.

There are Black entrepreneurs in many diverse fields, but because there is not a simple way to locate and find these businesses when we are making a purchase, oftentimes we end up spending our dollars with a non-black owned businesses when there was a black business or professional who could have satisfied our needs. Mr. Spear said, "This service is not anti anything, we are just Pro Black,", Other communities have been doing this sort of thing for decades.

The Black 411™ will make finding and locating black owned businesses a simple phone call away.

There are over 1.2 Million Black owned businesses in the United States, and as stated earlier, they represent less than 1% of the of the total receipts generated in this country. Blacks as a population demographic represent roughly 13% of the population, but we are a mere fraction of a percent of the total wealth creation machine of this country. I think it was the great W.E.B. Dubois who said, ‘To whom you give your money, you give your power’.

Blacks are a nation of consumers, and we are giving our wealth right back to the group that enslaved us for over 300 years. We are the leading consumers of many types of products including electronics, automobiles, wines/spirits, apparel, and much more; and worse, we spend our dollars with people outside of our communities and we only re-circulate .3 cents of every dollar back in our community. Mr. Spear said, "The analogy I like to use is that we basically take ever dollar that we earn, and than go across town and give .97 cents of it to a stranger who is going to use it to strengthen his community", the most disturbing part about it is that we don’t do it with just a few dollars, we do it with over $700 Billion dollars each year”.

The Black 411™ will initially launch in 4 cities, New York, Atlanta, Washington DC/Maryland., and South Florida. We have a very aggressive launch plan to have the top 10 cities for Black Business and Black Population completed by the 1st quarter of 2008. The service will be marketed utilizing independent agents across the country, as well as an aggressive campaign on Black Radio, Black Television, Black magazines, Black Newspapers, and more

For more information about BFE Telecom, or to register your business with The Black 411™ Service. Please contact Michelle Dotson, 954-538-1901

About BFE Telecom, Inc.

BFE Telecom inc. is a Black owned Telecommunications company that is focused on promoting black owned business through Technology. The primary service of BFE is The Black 411™, a revolutionary new information service that is designed to simplify how consumers find and locate Black Owned Businesses across the country. The company is headquartered in South Florida, and the initial cities for The Black 411™ service are New York, Atlanta, DC/Maryland, and South Florida.. The Black 411….The Time is Now… We Can’t afford to Wait…. Source. BFE TELECOM Inc.. The Black 411™ is a Registered Trademark of BFE Telecom

CONTACT:

Michelle Dotson

Director Communications for BFE Telecom Inc.

954-538-1901

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