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Microcap & Penny Stocks : Largo Vista -Crown Jewel of China 1998 and Beyond! LGOV

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To: Dusty who wrote ()5/6/2000 12:55:00 AM
From: jmhollen   of 295
 
China Telecom E-News, April 30- May 6, 2000

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China Telecom 2000 Conference will be held in Washington DC, May 16-17,
2000. See speaker list below. For more information, visit
igigroup.com

************************************************************************

C&W HKT Directors Look to Speed up PCCW Merger
The board of directors at Cable & Wireless HKT, Hong Kong's dominant
carrier, agreed to progress as quickly as possible with the merger with
Pacific Century CyberWorks, the Hong Kong internet start-up.
Proposal documents are due to be sent to shareholders before May 20.
Shareholders of Cable and Wireless, the UK company that is selling its 54
per cent stake in C&W HKT, will vote on the merger on June 13. Graham
Wallace, chief executive of C&W, restated his support for the deal. "C&W
has irrevocably committed to accept PCCW's offer, and that's what we
intend to do," he said.
However, bankers note that the UK company would have a fiduciary duty to
consider any higher offer that may arise, and that its contract with PCCW
contains several loopholes that would enable it to exit the deal.
Singapore Telecom and NewsCorp, which put up US$1 billion to support the
Singapore carrier's earlier, unsuccessful bid for C&W HKT, are still
looking at rejoining the fray.
-----------------------------

China May Acquire Linux-based Software
China?s Board of Education is expected to announce "significant" purchases
of software for the upstart Linux operating system in the next month,
according to an executive of US software distributor GraphOn. It would
mark Beijing?s most concrete move to promote the free personal-computer
operating system as a preferred alternative to Microsoft?s Windows.

India?s Growth Rate May Surpass China?s for First Time Since 1990
For the first time in a decade, India might grow at a faster rate than
China this year according to the Asian Development Bank, in its annual
economic outlook. The ADB projects that India will post 7 percent
inflation-adjusted growth in 2000 and 2001, outpacing China, which it
projects will grow at a 6.5 percent rate in 2000 and 6 percent rate in
2001. The last time that growth in India outpaced China was in 1990. India
is benefiting from a resillient industrial sector, a reform-minded
government and a software and services sector taking part in the New
Economy boom.
-----------------------------

Teleglobe's Initial US$40 Million Investment as Founding Partner of APCN-2
Cable Expands Company's Asia Pacific Network Footprint
As part of its GlobeSystem(sm) network expansion plan, Teleglobe announced
on April 27 that it has signed a formal Construction and Maintenance
Agreement with several leading telecommunications companies to build the
first self-healing high bandwidth fiber-optic submarine cable system in
the Asia Pacific region.
Teleglobe is initially committing US$40 million to the Asia Pacific Cable
Network 2 (APCN-2) cable system. The system is designed to address
shortages in capacity brought about by growing demand for data services in
the region. APCN-2 complements Teleglobe's investment in more than 20 Asia
Pacific undersea cables and will be directly connected to Teleglobe's
GlobeSystem(sm) broadband network.

-----------------------------

UTStarcom Signs New US$12 Million Contract to Install PAS in Jiangmen
UTStarcom, Inc. signed a US$12 million contract to install its city-wide
wireless mobile PAS telephone access equipment in the Guangdong Province
city of Jiangmen. This is the first contract that UTStarcom has signed
with Jiangmen Telecom, and will provide PAS capacity to the city of
Jiangmen and two suburbs. To date UTStarcom has installed its PAS in three
other cities in Guangdong Province.
Guangdong Province, one of China's most economically developed areas, is
located on the southern coast of China and has a population of more than
70 million. The city of Jiangmen is located in the Pearl River Delta and
has a population of 3.8 million, with a teledensity rate of approximately
30%.
UTStarcom's PAS provides city-wide wireless mobile phone service for a
community of up to several hundred thousand subscribers at traffic
densities of upwards of 2,000 subscribers per square kilometer.

-----------------------------

Shaanxi Telecom to Build China's Largest Broadband Internet Access Network
with Cisco Gear
Cisco Systems, Inc., announced that Shaanxi Telecom, one of China's
fastest growing internet service providers, has chosen solutions from
Cisco Systems to build the country's largest broadband Internet access
network.
Shaanxi Telecom, which already has captured 90 per cent of the market in
its home province, is one of the first service providers in Asia to
implement Cisco's powerful multiprotocol label switching (MPLS)
technology. Cisco's MPLS enables ISPs to optimize network traffic to
ensure maximum throughput, minimum delay and reduce the overall cost of
implementing and managing the network.
The Shaanxi Telecom deal, which totals an estimated US $3.5 million,
includes Cisco SC2200 series signaling controllers, Cisco 12008 GSRs as
well as Catalyst 7500 series routers, AS5800 high density, high
performance carrier class dial Access Server, and Cisco Catalyst 5500
enterprise switch.

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oCen Communications Forms Strategic Partnership with NetStar
oCen Communications, a leading Asia-focused Internet Communication
Services Provider, or ICSP, offering voice, fax, and data communications
services to consumers, carriers and corporations, announced a strategic
partnership with NetStar, a leading IP/Internet network infrastructure
builder and solutions provider in the Asia-Pacific region.
Under the terms of this agreement, oCen and NetStar will jointly market
basic voice over IP (VoIP) and fax over IP (FoIP) services and future
enhanced IP-based communications services to corporations in Asia.

-----------------------------

Nokia to Deliver First Commercial WAP Contract in Mainlaind China to Jilin
MCC
Nokia has signed the first contract with Jilin Mobile Communication Co. to
offer the corporation a commercial WAP (Wireless Application Protocol)
solution in mainland China.
Deliveries have already begun of the Nokia Artus Messaging Platform,
including both WAP gateway and Messaging modules. Nokia will also provide
the necessary system integration, making the contract a comprehensive
end-to-end solution. With the Messaging module of Nokia Artus Messaging
Platform, Jilin can offer value-added messaging and mobile Internet
services to all GSM users who have phones that support short messages,
even if they don't have WAP-enabled phones.
Jilin MCC currently has 1,000,000 subscribers and operates GSM 900 and GSM
1800 networks in Jilin Province.

*****************************************************************************
Top Telecom Executives to Convene at China Telecom 2000 Conference in
Washington DC on May 16-17, 2000

Telecom officials and executives from China and several other countries
will network at the China Telecom 2000 ? China at the Crossroads. The
conference is organized by Information Gatekeepers and will be held at the
Wyndham Hotel in Washington DC from May 16-17, 2000. The event offers the
best opportunities to network and exchange views on future business
development strategies in China.

In addition to the key note speakers from the Chinese Ministry of
Information Industry, China Unicom and Beijing University of Post and
Telecom, CEOs and other high ranking executives from the following
multinational companies will address the conference: AsiaInfo,
Chinadotcom, GRIC Communications, Lucent Technologies, Ericsson, Nortel
Networks, FLAG Telecom, Multacom, Scient, NeTrue, VocalTec, ITXC, Nuera
Communications, Intelsat, Global VSAT Forum and many others.

The conference will cover a wide array of topics related to the telecom
market in China. Key areas of discussion include the WTO, the Internet,
e-commerce, fiber optics and optical networking, broadband infrastructure,
telecom services, investment financing models, new telecom policies, IP
phone and fax regulations, wireless, mobile satellite, VSAT, and access
technologies.

The following is a list of the speakers scheduled to address the
conference:

Mr. Lei Zhenzhou, Director, Telecom S&T Information Research Institute,
Ministry of Information Industry
Dr. Hu Qingdong, Department of Technology, China Unicom
Prof. Qiliang ZHU, Director General, Telecom R&D Center, Beijing
University Post and Telecommunications
James Ding, CEO, AsiaInfo Holdings Inc.
Peter Hamilton, Chief Operating Officer and Chief Financial Officer,
chinadotcom corporation
Dr. Hong Chen, CEO/ Present/Founder, GRIC Communications Inc.
Dr. Ben Fan, Chief Architect, Lucent Technologies China
David Almstrom, Vice President - Business Strategies, Ericsson China
Wilson S. Wang, Chief Representative- China, Senior Advisor, Asia Pacific,
FLAG Telecom
Sonny Wu, President, Guangdong Nortel Inc.
Liping Chen, Founder/Director, William R. Robertson, Executive VP- Sales
and Marketing, Multacom
Charles Mah, Sr. Manager,International Marketing, ASP and China, Nortel
Networks
Christine Keck, Director - Asia Pacific Programs, Telecommunications
Industry Association
Paul Kullman, Second Secretary, US Embassy in Beijing
Jay HU, Managing Director, United States Information Technology Office
Dr. Denis Fred Simon, Managing Director, Asia Consulting Innovation
Center, San Francisco/Singapore, Scient
Anthony W.Y. Chan, Attorney and Partner, Koo and Partners, Hong Kong
Dave Hartshorn, Secretary General, Global VSAT Forum
Dr. Yao Gao, Director Asia, Intelsat
Tara Guinta, Partner, Coudert Brothers
Andy Voss, Vice President, Strategy and Business Development, Nuera
Communications Inc.
Steven Ott, Director of Global Sales, ITXC Corp , Avihu Bergman, VP
Business Development, IP Telephony Group, VocalTec Communications Ltd.
James Shen, President and CEO, NeTrue Communications, Inc.

For additional information contact: Corey Hollister, Conference Director,
IGI, Tel: 1-800-323-1088, or 1-617-232-3111, Fax: 1-617-734-8562, E-mail:
corey@igigroup.com. To view the complete conference program or to register
on online: www.igigroup.com.
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