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Re: None

Friday, 04/06/2007 8:42:19 PM

Friday, April 06, 2007 8:42:19 PM

Post# of 157299
Hoovers description of Globetel, anyone know how old this is:
Company Description for GTEM: Related Resources

101 NE 3rd Ave., Ste. 1500
Fort Lauderdale, FL 33301
http://www.globetel.net
Phone: 954-332-3752
Fax: 954-332-3738
·Company Summary
·Institutional Ownership
·Event Calendar
·Insider Trades

Industry: Data Network Operators Sector: UTILITY
GlobeTel Communications is thinking big -- really big. The company is working to roll out a global Voice over Internet Protocol (VoIP) network with regional nodes it calls Super Hubs that will connect directly to points of presence (POPs) in the US. GlobeTel's Sanswire Networks subsidiary is developing airship "stratellites" (they're positioned in the stratosphere) to enable the Super Hub network with wireless broadband technology. In the meantime, the company provides a variety of telecommunications services, including a VoIP service called MagicPhone, marketed primarily in Mexico. It also resells international long-distance service and provides stored value debit cards.

2005 Sales: 1 Yr. Sales Growth: 2005 Net Income: 2005 Employees:
+81,100,000 +179.80% -32,000,000 65


"There is no great honor these days in being a long (very long).......
Not a lot of profit either it seems."

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