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Adya, Inc. (TSX-V:ADYA; OTCQB: ADYIF) is a publicly traded holding company headquartered in Toronto, Canada. Adya strategically invests in telecommunications and technology companies to bolster its market presence. The recent sale of its subsidiary, Ellora Telecom Philippines Inc., highlights Adya’s commitment to focusing on its core operations. Ellora Telecom, a call-center operation in the Philippines, was sold for $420,000 in cash due to its financial difficulties and minimal contribution to Adya’s revenue. Despite the divestiture, Adya has secured a Customer Support Services Agreement with Ellora Telecom to ensure continuity of service during the transition.
This strategic move allows Adya to streamline its operations, directing resources and attention towards enhancing its primary telecommunications business. The company continues to explore and invest in opportunities that provide substantial value to stakeholders. Adya remains committed to maintaining a strong performance and achieving sustainable growth in the telecommunications and technology sectors.
Adya, Inc. (TSX-V:ADYA; OTCQB: ADYIF) appoints Andrew El’Lithy to the board of directors, bringing extensive experience in engineering solutions for blockchain, telecom, and infrastructure. His background in computer, systems, and network engineering, along with leadership roles in public companies, will contribute to Adya's growth and innovation. The appointment follows the resignation of director Maged Bishara.
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