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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 ()5/15/2000 10:47:00 AM
From: jmhollen   of 295
 
China Telecom E-News, May 7- 13, 2000

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China Telecom 2000 Conference will be held on May 16-17, and India Telecom
2000 on May 18-19, both in Washington DC. For more information, visit
igigroup.com

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

China's Trade Chief Says WTO Talks In Final Stages
China's Minister of Foreign Trade and Economic Cooperation Shi Guangsheng
said talks with the EU and other members on China's entry to the WTO were
in the final stages. "Now China's bilateral talks on entering the World
Trade Organization have made progress and have entered the final stages,"
Shi told an Asia Society conference in Shanghai.
EU Trade Commissioner Pascal Lamy is due in Beijing next week for a fourth
round of talks this year on a deal that would pave the way for China's
entry to the global trade group.
The European bloc is the last major trading power whose support China
needs to end its 14-year campaign to join the 136- member nation trade
body. The fourth round of negotiations come a week before the U.S.
Congress is set to vote on whether to grant China permanent access to the
U.S. market
-----------------------------

Nokia Plans US$1.2 Billion Industrial Park In Beijing
Nokia announced a US$1.2 billion industrial park project in Beijing
designed to develop wireless communication technologies. Construction has
begun on the Xingwang (International) Industrial Park in southeast
Beijing, which is expected to generate US$6 billion of sales annually and
create 10,000 jobs. Half the investment in the project is to come from
Nokia, the Finnish telecommunications equipment maker, with the rest
provided by companies that will open plants in the park. The identity of
the other partners has not been revealed. But it is believed they are
groups that produce semiconductors, batteries and other electronic
components.

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

HK, U.S. Firms Join In Developing China's Telecom Market
The Hong Kong-based CCT Telecom Holdings Ltd. and the U.S. Lucent
Technologies Co. Ltd. announced that they jointly launched a strategic
alliance to provide marketing, staging and integration services for
value-added, integrated optical networking solutions to their customers in
China. The projects to be undertaken by the coalition are expected to
represent an estimated market value of several hundred million U.S.
dollars in additional sales for the two companies over the coming three
years.
The alliance will serve customers in China's mainland and Hong Kong,
focusing on applications related to Lucent's expertise in product areas
such as optical networking, dense wavelength division multiplexing and
related network integration.
CCT Telecom, one of the largest Internet and value-added service providers
in Hong Kong, brings to the alliance its experience as an integrator and
operator of data and telecommunications networks, with an emphasis on
systems integration, Internet service provider services, Internet protocol
applications and intelligent buildings.

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

Bell Labs Sets up Joint Laboratories with Chinese University
Bell Laboratories, the research and development arm of Lucent
Technologies, signed an agreement with Qinghua University to set up three
joint laboratories. The three labs will conduct research on network
management, mobile telecommunications, and optical networks. The two
parties will also cooperate in the fields of personnel exchange and
training, according to the agreement. The U.S.-based Bell Laboratories
now has facilities in Shanghai and Beijing, and recently opened the
Beijing Research Center, the first of its kind outside the U.S. for basic
scientific research.
-----------------
Ericsson Sets up Joint Venture in China
Ericsson announced a joint venture with the Heilongjiang Mobile
Communications Co. The new business, Heilongjiang Ericsson Technology
Company Ltd, is Ericsson's ninth joint venture in China. The company will
be engaged in engineering services, technical services, and software
development, according to a contract signed by the two sides. Business
will be carried out in the fields of project engineering design and
implementation and network optimization, after-sale services, software
upgrading, technical support, software design and testing and technical
training and development.

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

Motorola Plans US$1.9 Billion China Investment
Motorola has applied to Chinese authorities to build a US$1.9 billion
complex in the city of Tianjin to produce semi-conductors and
telecommunications equipment. If the planned complex was approved,
Motorola's total investments in China would increase to US$3.5 billion by
the end of the year, the China Daily quoted P.Y. Lai, president of
Motorola (China) Electronics Ltd, as saying.
But the scope of the complex would hinge on China instituting more
favorable investment policies after its entry into the World Trade
Organization, the newspaper quoted another Motorola executive as saying.

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

Wuhan Online Selects Computer Associates Enterprise Management Solutions
to Establish eBusiness Infrastructure
Computer Associates International, Inc. announced that Wuhan Online (WH
Online), an Internet and multimedia service provider subsidiary of Wuhan
Telecom, has selected CA's Unicenter TNG, the industry's de facto standard
for enterprise management including the Internet, to manage its
distributed systems. Unicenter TNG will cost effectively enhance WH
Online's eBusiness initiatives and upgrade the company's system
manageability and reliability, while enabling its IT staff to proactively
maintain its computing environment. CA Services will assist in the
Unicenter TNG implementation to ensure that efficient and comprehensive
business requirements are met. Financial terms were not disclosed.

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

GRIC Opens Beijing Office to Service Growing Internet Telephony Market In
China
GRIC Communications, the leading provider of multiple value-added Internet
services, including Voice over Internet Protocol (VoIP) and Internet
roaming for services providers, announced the opening of its new Beijing
office in the People's Republic of China. The Beijing Representative
Office will provide sales support and marketing support to GRIC operations
in China and help the company take advantage of new business opportunities
in the emerging Chinese telecommunications market.

-----------------------------ANNOUNCEMENT-------------------------------------
----------------------

FIFTH CDMA WORLD CONGRESS

12-16 June 2000, Hong Kong Convention and Exhibition Centre, Hong Kong

The CDMA Development Group (CDG), in association with the Institute for
International Research (IIR), is delighted to announce the Fifth Annual
CDMA World Congress. This year?s congress will be held in Hong Kong?s
spectacular Convention & Exhibition Centre June 12-16, 2000.

The theme for the World Congress is "mobilizing information access",
reflecting the direction the industry is embracing as wireless
communications, Internet and information services merge.

Explore the latest advances and initiatives in CDMA at the CDMA World
Congress:
- Operator and Industry Roundtables ? Strategies for the wireless e-economy
- Experiences of the world?s leading operators in moving beyond voice
services
- Solutions for deploying wireless data and Internet access for today and
tomorrow
- 3G trial experiences and implementation plans
- Profitable business models for the next generation operator
- Innovation in 3G web phones and wireless information devices
- Market leading applications in wireless Internet access, location-based
services and mobile e-commerce

For further details, download the brochure from
iir.com.hk. Alternatively, contact Hebe Yip of IIR
on email: hyip@iir.com.hk, tel: +852 2531 6125 or fax: +852 2586 1999.
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