| Business Summary | | New
Tel
Limited
is
an
Australian
telecommunications
company
that
provides
international
and
national
telephony
and
data
services,
with
an
emphasis
on
international
services
to
Asia,
particularly
China.
New
Tel's
telecommunications
carrier
commenced
services
on
July
1,
1999,
providing
international
services
for
Australian
customers.
The
Company
also
provides
additional
value-added
services
including
local,
national
and
mobile.
New
Tel
also
develops
and
commercializes
digital
data
communications
products,
including
the
MD3000
Mobile
Data
Terminal
and
underground
microcellular
communications
system,
UCELNET.
New
Tel
Limited
plans
to
expand
its
telecommunications
carrier
operations
between
Australia
and
China
through
the
development
of
an
Internet
Service
Provider
(ISP)
and
Chinese/English
language
Portal. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | New
Tel
Limited
is
an
Australian
telecommunications
company
that
provides
international
and
national
telephony
and
data
services,
with
an
emphasis
on
international
services
to
Asia.
For
the
six
months
ended
12/00,
revenues
totalled
A$12.6
million,
up
from
A$3.9
million.
Net
loss
rose
70%
to
A$11.2
million.
Results
reflect
revenues
from
the
commencement
of
telecommunication
operations,
offset
by
increased
S/G/A
expenses
and
acquired
intangible
amortization
costs. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Harry Sorensen, 70 | Chairman | Peter Malone, 43 | CEO | Domenic Martino, 43 | Sec. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|