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AT&T Announces Multibillion Dollar Plan to Enhance, Expand Global Reach and Verizon Names Monica Azare Senior Vice President

Internet Service Provider industry news provided by Financial News USA (OTC: FNWU) AT&T Inc. (NYSE: T) outlined plans Monday to expand its global network throughout Europe, the Middle East, Africa, Asia, Latin America and the United States. San Antonio-based AT&T will make this investment as part of its 2006 capital expenditure plan -- which involves spending between $8 billion and $8.5 billion this year. In a country where only 10 percent of the households have land line telephones, SMART Communications, the Philippine's largest cellular carrier, has broken through the cost and landscape barriers by using Motorola (NYSE: MOT) technology. SMART has commercially launched its SMART WiFi wireless digital subscriber line (DSL) service using Motorola's MOTOwi4(TM) Canopy® fixed wireless solution to deliver "always on" broadband service to subscribers.

Monica Azare has been named Verizon (NYSE:VZ) senior vice president for state public policy and government affairs for New York and Connecticut, effective recently. Azare has been serving as executive director and senior counsel of federal affairs for Verizon Wireless. In her new position, she will be responsible for state legislative and political activity in New York and Connecticut. China Direct Trading Corp. (OTC BB:CHDT) (CHDT) announced recently that its subsidiary, Complete Power Solutions (CPS), has received a $500,000 loan from CPS Executive Bill Dato. The funds will be used to purchase Guardian-brand power generators as inventory in order to shorten the delivery time for customer orders. The inventory in Guardian-brand power generators will eliminate the 4 to 12 week delivery time for direct orders from the manufacturer and allow CPS to immediately fill customer orders and expedite customer payment.

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