OK so I am only kidding a bit on this one but a i2Telecom has just received $9 million funding as part of an agreement to take the IP communications company wordwide. Is this oil money at play? Well it did come from Kuwait — you make the call.
So what is $9 million in terms of oil money? Probably what it will cost to fill up your Hummer in 2015. So this is a good deal for the Middle East and and proably good for i2Telecom and people worldwide looking to pay lower prices to make phone phone calls.
For more on Middle-East telecom be sure to check this article out as well.