To All: Take a look at GTCI, a huge potential internet stock. Great news will come out next monday. Get in Toady! Check out GTCI thread for more information. Here are some DD:
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GTCI Fundamental Information -- Part I
Stock Information:
Stock Symbol: GTCI (NASDAQ OTC BB)
Number of Shares Outstanding: 6.79 Million
Float: Approximately 1.2 Million
Contact Information:
George Delmas, Chairman & CEO
george@globaltci.com
Terry Wong, President
terry@globaltci.com
Suite 910 510 Burrard St.
Vancouver, BC
V6C 3A8 Canada
Tel: 1-800-668-9880 1-604-602-6601
Fax: 604-682-6038
Website: globaltci.com
Main Business:
Global Telephone Communication Inc.(GTCI) has positioned itself to become a
dominant player in the explosive growth of Internet business in China. GTCI completed
the first step by entering into a joint venture, through its wholly-owned subsidiary,
Regent Luck Holdings, Ltd. (RL), with Shenzen Newsnet Co. Ltd.
(SNC), itself a wholly-owned subsidiary of China Telecom, China's largest
telecommunications company. The joint venture, China Global, will operate in six
major
urban areas with a population of over 300 million residents.
These areas are: Beijing, Shanghai, Ghangzhou, Chonquing, Shenzen and Wuhan.
China Telecom's Shenzen operation should start soon. GTCI is also forming other joint
venture company in different business area. The company said the news on the new
joint
venture company should come out soon.
Some Background Information:
Shenzen Newsnet Co. Ltd. (http://newsnet.szptt.net.cn:80/) is already running a
successful ISP and web hosting business. Around 1000 new customers are added
each
month by Newsnet in Shenzen. These customers will be channeled to China Telecom
once China Telecom starts its operation. Each customer will be charged a monthly fee
of $40. These customers will receive a basic Internet connection and e-mail. China
Telecom will also engage in business such as voice/fax over IP and providing leased
line
connection to corporate customers.
Population in the six cities where China Telecom holds license:
Shenzhen: 4 million (Average age 28, most of them come from different parts of China.
They transformed Shenzhen from a fishing village to modern city is a few years.)
Shanghai: 13.6 million in metropolitan area.
Beijing: 6.8 million in metropolitan area. (Total city population including 8 counties is
over 10 million.)
Guangzhou: 5 million in metropolitan area.
Chongqing: 10.2 million in metropolitan area.
Wuhan: 7.3 million in metropolitan area. |
