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Technology Stocks : AWS(Alberta): Alexander News: African Telecom -- Ignore unavailable to you. Want to Upgrade?

To: rdww who wrote (2)	4/14/1999 11:03:00 AM
From: rdww	Read Replies (1) \| Respond to of 6

Alexander acquires stake in Mozambique company Alexander Resources International Inc AWS Shares issued 10,333,465 Apr 13 close $0.70 Wed 14 Apr 99 News Release Mr. Harry Corrigan reports The company has acquired a 49 per cent interest in Systemas E Computadores LDA (Syscom) from Gladiator Technology (Proprietary) Limited, a South African IT holding company. Syscom has been issued with a telecommunications licence by the Telecommunications Institute of Mozambique (INCM), the government regulatory body. This licence allows the company to operate as a telecommunications service provider in Mozambique. The two classes of VSAT licences have been issued, including microwave of 1.4GHZ and 38 GHZ are data telecommunications trunking; Internet services; international telephony; video conferencing services. Mozambique which covers over 801,590 square kilometres with a population of over 18 million borders the countries of Tanzania, Malawi, Zambia, Zimbabwe, Swaziland and South Africa. The region covers over 125 million people. In the telecommunications sector Mozambique has just over 60,000 main telephone lines. In 1997 there were 4.5 million international calls totalling 15.5 million minutes. The current supplier of communication services is Telecommunications of Mozambique, which generates approximately $60-million per year in revenue from the 60,000 main lines. The company will be taking advantage of the cost-effectiveness of Very Small Aperture Terminal or VSAT satellite communications system. The advantages for VSAT are that it gives wide coverage, quick deployment, and is reliable and flexible. VSAT is capable of supporting the Internet, data, video conferencing and voice/fax communications. Alexander will install a centralized processing centre or HUB in the capital of Mozambique, Maputo which will enable the company to provide Internet, data and international telephony to the 125 million people of the region surrounding Mozambique. According to the International Research Council, only 12 African countries had links to the Internet in 1995; by 1998 52 of the 54 African countries had access. Currently there are 700,000 Africans on the Internet which represent six times the number of users in all developing countries three years ago. The company considers the Mozambique licence a significant step in its objective to become a leader in the communications sector in sub-Saharan Africa (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com