This copied over from the Ragingbull thread from our good friend Elk. Thanks Elk.
Teltek Signs China Joint Venture with Digitcom
LOS ANGELES--(BUSINESS WIRE)--Jan. 13, 1999--Teltek Communications International Inc. of Anaheim, Calif.,
Wednesday announced the signing of a Joint Venture agreement with Digitcom Corp.
The two companies will combine to deliver international long distance services between North America and the People's
Republic of China.
Teltek has established facilities in China interconnecting with its network in Korea, Taiwan and the United States. The
authorized capacity is 1 million long distance minutes from U.S. into China that will be expanded to 5 million minutes in three
months. Alan Hsieh, Teltek managing director said, ''By joining with Digitcom, Teltek not only gains an effective North
American partner to market long distance services between China and the United States, but the partnership also holds the
prospect for the introduction of advanced Internet Protocol voice communications technology to the Chinese market.''
Teltek is the U.S. affiliate of Teltek Communications International of Taipei, Taiwan. Teltek Communications provides
telecommunications network services to PTT telephone companies in Taiwan, the Philippines, Korea, and now, China. The
company recently established network termination facilities in the United States.
Digitcom is deploying Internet Protocol telephony products and long distance services around the world using its proprietary
technology in partnership with regional and national telephone companies. Digitcom's IntraVoiceCO central office technology
makes long distance calls using the Internet or leased data lines to transport customer's conversations, lowering network
costs significantly. Since the ''gateway'' to the Internet Protocol network is located at a telephone company central office on
either end of a long distance connection, neither the caller nor the called party needs to have a computer or Internet access.
Using voice compression and echo cancellation technologies on dedicated lines, the sound quality of Digitcom's IntraVoice
is as good as that heard on conventional toll telephone lines.
Contact:
Teltek Communication International Inc., Anaheim
Alan Hsieh, 714/284-0899
******* More About Teltek*****
Teltek is a subsdiary of Avante Garde City Group.
"Avant Garde City Group is an international conglomerate with
core businesses in telecommunications, broadcasting, information
systems, trading and retail sales. Based in Los Angeles,
California, AGCG also operates offices in Taipei, Kaohsiung,
Shanghai, Beijing, and San Diego.
This diversification accentuates AGCG's commitment to building
synergies betweeen technology and applications and maintaining
a leading position in the high-tech revolution taking place
throughout the Pacific Rim"
Teltek is the Telecommunications arm of AGCG. They also have three other divisionsThe Information Systems branch
delivers Fax-over IP to Taiwan, perhaps the first, but still checking. The Broadcast arm is involved with TV programming in
Mainland China and the Pacific Rim.
"Teltek Communications was established by AGCG in 1995 as a
long distance service competitor to Taiwan's Bureau of Post
Telegraph and Telephone (PTT). Strategic minority investments
from principals in Taiwan's Yuanta Group, United Steel, and
several Congressional Leaders ensures Teltek the industrial,
financial and governmental support in needs.
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Teltek Taiwan
With the cooperation of international telecommunications
giants MCI Communications, Sprint, Worldlink, etc., Teltek
targeted large volume users among Taiwan's medium and larger
multinationals. By offering deeply competitive pricing and top
rated service, Teltek has secured the long distance accounts
for such leading companies as Mitsubishi, General Electric,
Toyota, K Mart and many others. Offices in Taiwan, Taina,
Taichung and Kaohsiong ensure Teltek's access to all major business island-wide.
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Teltek China
Since launching in Taiwan, Teltek has moved rapidly into
Mainland China. Through strategic partnerships with
China's United Telecom and Beijing Catch major contracts
are now in place to offer Teltek services in Beijing,
Shanghai, Dalian, Shenyang, Chengdu and Shiliazhuang.
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Other Services
From standard voice communication, Teltek has now
diversified into a broader range of telecommunications
services. By becoming the first company in Taiwan to
successfully transmit fax via Internet, Teltek has
opened a huge potential market for fax-on-demand and
standard data transmission service. A strategic
relationship with Sprint Communications will ensure
dedicated use of Sprintlink for all Internet services
provided by Teltek worldwide.
In addition to pure voice services, Teltek has exploited
its network base to serve the rapidly developing market
for Pre-paid Calling Cards. With centralized billing,
data management, marketing and printing, Calling Card
operations have proven easy to estabilish throughout the Teltek network.
In markets as diverse as Taiwan,Canada, Brazil, the US
and Mainland China Teltek now offers convenience and
value to long distance users beyond that offered by local
long distance providers.
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The Future
Teltek is well positioned for expansion both in product
innovation and geograhical reach. Collaborative
relationships with PanAm Sat, AsiaSat, Intelsat as well
as numerous uplink/downlink center centers worldwide
ensure that Teltek will be among the first companies to
economically offer data services via satellite. Within
1996 Teltek will estabilish new operations in Hsinchu,
Ch'iayi as wlll as Malaysia, Myanmar, the Philippines,
Japan and the European Community." |
