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To: bullmarket who wrote (20505)8/7/1998 12:43:00 PM
From: Fuza  Respond to of 50264
 
To ALL: Take a look at GTCI, another DGIV! A China internet player, huge potential!! Several good news will come out next week.

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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.

Do your DD. Good luck to all.
Fuza