| Business Summary | | UTG
Communications
International
Inc.
(UTG)
is
a
provider
of
voice,
fax
and
data
management
telecommunication
services
in
Switzerland,
Belgium
and
the
United
Kingdom.
UTG
provides
such
services
at
prices
that
are
generally
below
those
of
major
telecom
carriers.
In
addition,
UTG
has
entered
into
agreements
with
various
international
telecom
carriers,
which
allow
the
Company
to
resell
telecom
minutes
at
a
profit.
UTG
also
offers
credit
card-based
telephone
services
and
Internet
services
as
an
Internet
Service
Provider
(including
related
consulting
and
support
services),
and
intends
to
operate
Internet
shopping
platforms
for
its
telecommunications
services
and
other
industries,
including
music,
media
and
software
distribution,
and
ultimately
to
provide
Internet-based
telecommunications
services,
including
Internet
telephony. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | UTGC
is
a
switch-based
provider
of
quality
private
voice,
fax
and
data
management
telecommunication
(``telecom'')
services
in
Switzerland,
Belgium
and
the
United
Kingdom.
For
the
three
months
ended
6/30/01,
net
sales
rose
11%
to
$5
million.
Net
loss
increased
37%
to
$1.2
million.
Revenues
reflect
increased
sales
activities
in
Belgium
and
England.
Higher
loss
reflects
an
increase
in
technical
expense
for
the
installation
of
servers
to
increase
card
sales'
capacity. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Ueli Ernst, 53 | Chairman,
CEO | Klaus Brenner, 44 | Treasurer,
Sec., Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|