GTMI-EXCELLENT NEWS AND GOOD TIMING...
(COMTEX) B: Global Telemedia International, Inc. Subsidiary in Consor
B: Global Telemedia International, Inc. Subsidiary in Consortium for Australian
Government Telecommunications Contract; $110 Million Contract for Northern
Territory
NEWPORT BEACH, Calif., Dec 1, 1999 (BUSINESS WIRE) -- Global TeleMedia
International, Inc. (OTC: BB: GTMI) announced today that its newly
acquired Australian subsidiary, Octa4 Code Media Pty. Ltd, has been
selected as part of a consortium for a $110 million government contract
for the Northern Territory of Australia.
The consortium, leaded by Cable & Wireless Optus, includes
BentleyTel.com (formerly Octa4 Code Media) who will supply all
government voice, data and Internet facilities for the Northern
Territory for five years, effective December 1, 1999.
Besides BentleyTel (Octa4) the consortium includes Compaq, NEC, ITS,
CSM, Power and Water Authority, LinkCorp, Nilson and Austar.
The consortium was announced by Chef Minister Hon. Denis Burke. In
announcing the award of the contract, Mr. Burke said, "Commitments have
already been made to major infrastructure upgrades and the construction
of a $10 million Information Technology & Telecommunications Center in
Darwin." Mr. Burke said the contract was unique in that it not only
(COMTEX) B: Global Telemedia International, Inc. Subsidiary in Consor
B: Global Telemedia International, Inc. Subsidiary in Consortium for Australian
Government Telecommunications Contract; $110 Million Contract for Northern
Territory
NEWPORT BEACH, Calif., Dec 1, 1999 (BUSINESS WIRE) -- Global TeleMedia
International, Inc. (OTC: BB: GTMI) announced today that its newly
acquired Australian subsidiary, Octa4 Code Media Pty. Ltd, has been
selected as part of a consortium for a $110 million government contract
for the Northern Territory of Australia.
The consortium, leaded by Cable & Wireless Optus, includes
BentleyTel.com (formerly Octa4 Code Media) who will supply all
government voice, data and Internet facilities for the Northern
Territory for five years, effective December 1, 1999.
Besides BentleyTel (Octa4) the consortium includes Compaq, NEC, ITS,
CSM, Power and Water Authority, LinkCorp, Nilson and Austar.
The consortium was announced by Chef Minister Hon. Denis Burke. In
announcing the award of the contract, Mr. Burke said, "Commitments have
already been made to major infrastructure upgrades and the construction
of a $10 million Information Technology & Telecommunications Center in
Darwin." Mr. Burke said the contract was unique in that it not only
saved Government millions of dollars in communications costs but also
delivered huge benefits to the wider Territory community. "It will
generate benefits to the industry and the public of well over $100
million," he said. "This includes on-going lower prices to the NT
community as a result of sustainable competition, local industry
development initiatives worth over $15 million and network diversity
for local businesses through access to two communications networks and
optional satellite backup."
The formal signing of the merger agreements with BentleyTel.com Octa4,
3G and DynaSem was concluded on November 22, 1999 in a ceremony in
Parliament House witnessed by Minister of Telecommunications, Hon.
Peter Adamson, MLA and Minister for Asian trade and Relations, Hon.
Daryl Manzie, MLA, and Dr. Terrence Barrett, President of UltraPulse
Communications Inc. Octa4, the largest Internet service provider in the
Northern Territory of Australia, and its subsidiaries 3G Communications
and DynaSem Communications were acquired by Global subsidiary
BentleyTel.com Inc.
Octa4's Managing Director, Felino Molina said that BentleyTel.com
(Octa4) will be responsible for IP services for the whole of the
Northern Territory government.
Other members of the consortium will provide the following:
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