To: DavidO who wrote (554 ) 3/21/1998 4:15:00 PM From: Secret_Agent_Man Read Replies (2) | Respond to
According to Jimmy Chin, CEO of Digitcom Corporation (OTC:DGIV), a Southern California Internet Telephone Technology Company, the World Trade Organization's agreement on telecommunications has brought the pressures of deregulation and modernization to telephone companies unaccustomed to responding to the urgency of market forces.unprecedented opportunity in Pacific Rim, Middle Eastern, and former Eastern Bloc countries. Digitcom is a company to watch.Digitcom is an International Telecommunications and Data Network Company fax, voice, and global messaging products that are built on the company's IntraVoiceT~ Internet-IPublic Switched Network "Gateway". Services Internet Protocol (IP) Networks, which breaks voice signals into data packets that are sent separately across a data network and reassembled at the other end. P networks can be operated far more cheaply than traditional switched telephone networks, where a separate circuit is required for each call. Computer Gateway that takes the analog telephone voice signal and digitizes it Into IP format for transmission over the network. Digitcom has taken a unique approach to developing markets They partner with national and regional telephone companies in emerging economies in order to help them get more out of their existing telephone infrastructure. Agreements signed in Indonesia and in Russia are based on recurrent "minute"revenues to Digitcom rather other technology companies take. "partnering" approach resulted in the recently announced deal with Louis International Telecommunications & Equipment that commits the Central and Eastern Europe long distance company to directing $1 million in traffic a month for delivery over Digitcom's U.S. long distance network. recently embarked on a stock repurchase program. Management is authorized to repurchase up to 1.5 million shares. The company had repurchased 50,000 shares as of March 3, and expects to continue buying into April of this year.
