That whole presentation that you are referring to was done for PP investors while AccessTel was a private company, and was never publically disclosed while AccessTel was a public company. So, you need to understand it as a roadmap, not a filing, as it was a presentation made for speculative investors who did participate in a PP with AccessTel as a private company last year.
I seem to recall from conversations late last year that they are operating it on a JV basis rather than an acquisition basis. It was made clear in the Nov 23rd CC, (same for the Qualcomtel announcents made in that presentation):
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Q: What if any patented technology does AccessTel own, is their a website we can to to in order to look at some of these technologies. If you don't have patented technologies, what exactly do you bring to the party?
Boeckler: In the first stages of AccessTel, it's not looking to deploy patented technology and developed technology to deploy in China. We are not looking to take in investment funds to begin Star Wars. Through Liang's significant experience in high tech in San Jose for the past 25 years, and relationships with many of the tech firms and developers of the tech, we have relations with providers of existing tried and true tech available today. We have through assistance of the advisor to the board, Dr. Lee, further, advice and structure of connectivity in 2.5 and 3G tech.
In initial stages, providing interconnectivity services, not starting off as a manufacturer, or commercializer of our own products in the intial stage. Deploying existing stage tech, from, whether it be Qualcomm or Ericsson or Lucent, to provide us technology in CDMA, HDR, and in MMDS.
We will connect those Gateways to a combination of internet access and internet telephony. Through the strategic releationship with both Well's Comm and STS, begin to ramp up IP Int. telephony through 10-10-653 number in No. Cal, and the CLEC relationship with Wells Comm and begin to provide termination of telephony services in China at very lucrative rates already negotiated through the major telephony companies.
The formation of AccessTel China allows connection into the local PTI's (local telephony services & internet services). As a foreign owned company, AccessTel can participate in revenue on internet service provision and communication on international traffic--terminating calls in Europe, the US, Asia, and So. A. Also on calls eminating through their int gateway in San Jose.
Later deployment, with revenue base from service connectivity. Through Lee's and Liang's assustance, and other strategic alliances, 3G will open up to broadband and internet communication, both fixed and mobile, bringing appliances for connectivity. Through AccessTel China/Haplink, develpment, commericalize, and manufacture at lower prices in China for first stge deployment in China and further export.
AccessTel China has special rights to return revenue and profit on a strong percentage basis back to the parent company, Accesstel US-- breakdown of the profits will be released in an upcoming PR.
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Q: How big do you think AccessTel will grow in 6 months to a year, two years out, employees, revenue, etc...?
Boeckler: AccessTel will grow very quickly over the next few quarters and years, we are interested in increasing shareholder value. It will be a company that we can all be proud of. Over the next few weeks and months, I think you'll get a more and more clear picture of how quickly we can grow.
AccessTel looks to grow quite quickly. We are targeting growth and deplyment. Our focus is to grow our employee base rapidly to execute this deployment. We are negotiating certain strategic alliances which will train our Chinese counterparts in China. In China, the cost of high level technicians is approx. 1/4th to 1/3rd of US standards. On the technology development side, and on the broadband deploment side, we will concedntrate on adding employees very rapidly. Domestically, we are looking at a number of proposed acquisitions that will add not only infrastructure and assetts to AccessTel, but also employees and staff directly related to our business development and deployment.
By the first quarter of 2001, we expect to be operational on testing our Broadband technology in Shanghai. We will then add subscribers to the wireless service, via the developmental park, and Haplink Information Corp., throughout Shanghai. Besides the wireless service, we will also be deploying internet international telephony, which is domestically is an electronic outlay of equipment, not so much employee and staffing, instead joining larger POTS. In our IP telephony, AccessTel will not be looking to start a new infrastructure globally througout the world. We will JV and strategically align with world class telephone carriers, to avail them termination points in China, for compensated termination points worldwide. AccessTel is looking to build up revenues quickly, revenues targeted toward creating profit, and build through strategic alliance and the commercialization of the new technology, 3G CDMA will not be available for the next 12 months. As it comes online, through our strategic relationships, AccessTel has direct technology availability to utilyze that cutting edge technology to create different appliances to create services. AccessTel will concentrate on service fees. For the deployment in China, the Haplink agreement will take most of the legwork and installation, and we will provide the equipment, the training, the tech, and the backbone service to connect internationally.
The company will grow significantly, it is hard to put a target. The basis of what AccessTel is looking to do in China will command hundreds of millions of dollars over the next couple of years, and AccessTel's management is determined to grow the company on a predictable basis, not spending tens of millions on unproven products, instead spending a few million on commercializing existing techology to seamlessly connect between MNDS, between CDMA, between HDR, to provide voice, data, fax, video, and internet connectivity services. Each subscriber that we add on, each new city deployment, will be a mirror of the growth that we are starting in the Shanghai Business Development Park.
Q: OK, because I noticed on the website, that their was an investment by Qualcommtel, going through that...
Markow: AccessTel was a private company when that was posted. There are new rules to follow as a public company, and I believe tonight we should make some changes there.
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The main issue is deciding whether ATEL is delivering upon their business plan, and seeing their progress in Shanghai, I think the answer is yes, and in a timely manner too. If they do create a showcase with their MMDS deployment that creates an opportunity for dozens of likewise business park deployments in China, we will all be happy shareholders:)
imo
AI
