This is a fast-growing distributor and retailer, with 10 stores in the Guangzhou market. In its first full year of operation (2005), the company achieved revenues of $6.7 million. These numbers jumped 91%, to $12.8 million, in 2006. Annual revenue growth between 39% and 67% is projected for the next three years. Guangzhou Global Telecom’s growth is far outpacing that of China itself, the world’s hottest economy.
GZGT plans to grow, and as you can see todays news, they will!