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AT&T Strikes Network-Services Pact with Middle East Firm and China Direct Trading Company Announces Focus of 2006 Strategic Plan2 February 2006
Internet Service Provider industry news provided by Financial News USA (OTC: FNWU) AT&T Inc. (NYSE:T), NavLink and Qatar Telecom (Qtel) have formed a new partnership that will allow Qtel to offer Internet Protocol Virtual Private Network services throughout the Middle East. The partners deployed a global network node, one of the first of its kind in the Middle East, which will allow Qtel to build reliable connections for multinational corporations. The global network node is being hosted in Qtel's new Qatar Data Center. NavLink worked closely with Qtel in deploying the technology. Qtel is the exclusive telecommunications provider in Qatar. It provides local and international telephone calls, mobile calls, Internet, data and cable television services. Verizon (NYSE:VZ) Information Services and the Communications Workers of America reached tentative agreement last night on model amendments to each of the six expired collective bargaining agreements for the VIS New York sales offices in Albany, Buffalo, Long Island, Manhattan, Syracuse and Westchester. The New York employees have been on strike since Oct. 31, 2005. The tentative agreements are subject to ratification by the membership in each of these sales offices. If the contracts are ratified -- a process that should take about a week -- employees will return to work beginning Feb. 6, 2006.
China Direct Trading Corp. (OTC BB:CHDT) announced recently that integral to the company's 2006 strategic plan it will seek to initiate strategic investment, acquisition and merger opportunities with domestic distribution companies that can leverage China Direct's extensive sourcing network of China-based manufacturers. "We have decided that expanding domestic distribution opportunities through strategic investment and acquisition provides significant potential for enhancing revenue, net worth and cash flow," stated Howard Ullman, Chairman and CEO of China Direct. "Our board has created and funded a credit line of $637,000 to implement this objective. The souvenir, promotional and gift segment will remain an important part of our core business while we expand distribution channels for the products we source from over 30 Chinese manufacturing companies." Motorola (NYSE: MOT) has found a way to ease the transition to new spectrum for public safety radio communications. More than a year in the making, Motorola has developed software that enables equipment critical to public safety communications to be rebanded to a new segment of the 800 MHz spectrum in order to provide less interference for public safety radio communications.
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