Tuesday, March 08, 2005 5:20:03 AM
Monday March 7, 1:49 pm ET
HONG KONG, March 7 /Xinhua-PRNewswire/ -- Telecom Communications, Inc. (OTC Bulletin Board: TCOM - News) the Total Solutions Provider, is offering Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communication for interactive media applications. The Company today announced the union of its Internet Content Service operations and the formation of a new entity named 3G Dynasty, Inc.
According to a report released by the Ministry of Information Industry in mid November 2004, the number of mobile phone subscribers in China reached a record 320 million at the end of October. Along with the increase of mobile phone subscribers, the business of short messaging also witnessed a sharp rise of 62 percent year-on-year to more than 176 billion messages in the first ten months. The largest market in the world and our new 3G Dynasty division will play an important role in Entertainment services and content.
3G Dynasty, Inc. will be located in Beijing and Guangzhou China at the facility currently occupied by operations of IC Star MMS and will have responsibility for sales in China of the IC Star MMS product lines: which has been created by original Star SMS/MMS called 'My Star Friends' community - first invented in SMS/MMS interactive between Star and fans around the world. IC Star Club on WAP, and IC Star MMS (http://www.ICStarMMS.com) have contracted with more than 2000 websites and collected all of their Internet and mobile phone users to be the online/offline members. ICStarMMS.com works in conjunction with IC China network and links entertainment & lifestyle information to local communities across China.
The formation of the new company will be completed by March 31, 2005. "The creation of this new company, which joins Internet Content Service operations, is a move that will exploit the synergy between the IC Star MMS and its partnership companies and realizes greater operational efficiencies," said Angel Lau, Executive Director for IC Star MMS Limited. "The timing is right because in China, the world's number 1 mobile phone market, entertainment content is the biggest demand content of the internet - including MMS and 3G wireless phone also. We are extremely excited about the formation of 3G Dynasty, Inc., and are confident that it will serve to reinforce IC Star's brand image of product excellence."
"Today's telecom and telecom value adding service market is a challenging business environment that calls for new strategies and creative thinking," said Angel. "3G Dynasty will be created specifically to address those new market dynamics and help telecom carriers get the most from content programs while effectively handling changes in capacity, deal terms and players."
"We want clients to think of 3G Dynasty as an extension of their management team that brings a depth of technical expertise, analytical thinking and broad industry expertise to the table," said Shanhe Yang, CEO of TCOM. "In talking with carriers, they expressed a desire for a deeper, more integrated offering from their service providers (SP). Our goal is to change that and become an integral strategic partner for content creators and distributors of telecom value added products." Through its strategic alliance, 3G Dynasty, Inc. plans to offer the following products and services:
1. Introduce the first mobile video gourmet program - "Star Taste" and
the special "Celebrity's Menu" that is exclusive for 3G users. Also
bring users the daily updated "Celebrity's column", MMS to share
with friends at "Star's Verse", and direct communication with super
stars under "My Star Friends Talk".
2. Fortune brings users Chinese zodiac, Tarot and horoscope tips.
3. Personalise user's handset with user's own selection of downloads.
Pictures, graphics and ring tunes, whatever! Find out what's hot on
the silver screen - with previews of the latest releases. Get the
latest music videos on GPRS / 3G video mobile phone.
4. Sit back, relax and be entertained. Fabulous content including
Entertainment News, celebrity features, movies, TV dramas and showbiz
news form part of the exciting entertainment content user can tune
into on 3G strategic alliance.
5. Live TV - Selected Info Channels -- wherever user is, user can access
24-hour Live TV - Selected Info Channels. The Selected Info Channels
covers current affairs and financial news in Mainland China, and the
rest of the world, all in Mandarin. Live TV - Movie Channel, user can
access 24-hour Movie Live TV - Movie Channel. You can enjoy the most
classic and remarkable local movies. Live TV - Music Channel, user can
access 24-hour Live TV - Music Channel. Users can enjoy the hottest
music of movies and TV programs as well as the latest movie updates
from Hollywood.
6. In view of importance of life enjoyment as well as self improvement,
3G strategic alliance brings users suggestions of good dining place
and daily clips of "One Minute's English" hosted by renowned English
teachers.
7. Relax and enjoy games from 3G strategic alliance. Choose from a
selection of sport, action, brainteasers and classic games. Find out
the hottest fashion trends with seasonal fashion show videos from the
most renowned fashion brands.
This new company will also benefit from an affiliation with Macau Duplicate Plays (a travel entertainment company), and Animation Studio (a developing stage CGI motion producer in China). 3G Dynasty emulates IC Star MMS's very successful business model of a comprehensive services platform and co-sourcing approach that seeks to redefine the intermediary role.
Alpha Century Holdings Ltd. (a TCOM company) has agreed with Macau Duplicate Plays Limited and Animation Studio, that both parties will establish "strategic partnerships" with 3G Dynasty instead of the original plans that involved an acquisition or a joint venture. The result is both Macau Duplicate Plays Limited and Animation Studio will form a 3G Dynasty strategic alliance.
TCOM has continually worked to establish a system that can quickly and accurately respond to the market, as well as raise shareholder value by strengthening the development and competitiveness of each business. As part of this strategy, TCOM has been implementing the integration of development, production and sales of each business within the Company.
TCOM has determined that a huge positive impact will be realized from integrating the functions of the various contracted operations lines of business and that as a result, 3G Dynasty Inc. will become more competitive and synergies will be realized between its marketing, product development and sales organizations. It is also projected that as more resources of the Company are built up, the strategic alliance structured, the overall efficiency of Group management will improve, providing even greater shareholder value.
In a country with enormous mobile phone usage already, the growth opportunities remain tremendous. China has more than 1 billion people and mobile services will remain a strong area of growth. Entertainment content for these mobile devices is in high demand and 3G Dynasty hopes to become the dominant player within this space.
About Telecom Communications, Inc.
Telecom Communications, Inc. is a Total Solutions Provider that offers Integrated Communications Network Solutions and Internet Content Service in universal voice, video, data web and mobile communications for interactive media applications, technology and content leaders in interactive multimedia communications. It develops, markets and sells a universal media software solution for enterprise-wide deployment of integrated voice, video, data web and mobile communications and media applications.
Telecom Communications, Inc. does business in Asia via its wholly owned subsidiaries, Alpha Century Holdings Limited, Huiri Electric (PY) Limited, Arran Services Limited and IC Star MMS, Limited (http://www.ICStarMMS.com).
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