Business Venture Overview

Guangzhou Global Telecom, Inc. is a U.S. company that is publicly traded on the NASD OTC_BB under the ticker symbol GZGT.

Guangzhou Global Telecom, Inc. operates in China through Guangzhou Global Telecom Co., Ltd., a wholly owned subsidiary of Global Telecom Holding Limited, which is a wholly owned subsidiary of Guangzhou Global Telecom, Inc.

Current Businesses

Guangzhou Global Telecom is a retailer and distributor of wireless products and services. Operating in Guangzhou, the heart of one of China’s leading commercial and manufacturing regions, Guangzhou Global Telecom has established itself as a leading distributor, having formed partnerships with top Chinese telecom providers China Telecom, China Unicom and China Mobile as well as handset manufacturers Nokia, Rowa, Gionee, and Konka.

The company also currently owns and operates ten retail locations in Guangzhou.

The company has achieved rapid revenue growth since its inception in 2004. In 2005, its first full year in existence, Guangzhou Global Telecom had revenues of $6.7 million. Then in 2006 revenues rose by 91%, to $12.8 million. By 2009, revenues are projected to grow to more than $42 million.

Market Background

China is the world’s largest mobile telecommunications market; 500 million Chinese (37% of the population) use mobile phones. By 2010, it is projected that half of China’s 1.3 billion people will be using mobile phones.

The dollar value of the China mobile market is staggering. Academic models project a total value of $110 billion by 2013, rising to $250 billion by 2023 and $336 billion by 2030, with a subscriber base of 1.2 billion users.

Guangzhou Global Telecom: Perfectly Positioned

Guangzhou Global Telecom is leveraging its unique position in the Chinese market to maximize its advantage going forward. Building on its success as a distributor and retailer, the company is now implementing an aggressive plan to open fixed and virtual retail outlets throughout rural China. These outlets will enable the company to directly sell its current product line as well as mobile phone value-added services and consumer electronics products. Guangzhou Global Telecom’s value-added services will operate exclusively with Guangzhou Global Telecom-distributed products.

Guangzhou Global Telecom’s strategies for future growth include:

  • Opening additional retail locations in China’s underserved rural areas
  • Offering proprietary value-added services
  • Launching the Mobile Messaging Service (MMS) proprietary messaging network

 

 

 

 

 

 

 

 

 

 

Guangzhou Global Telecom was established in March of 2004. It aims to be a principal distribution agent for China Telecom, China Unicom, and China Mobile, and become the largest sales and distribution centre of mobile phones, mobile phone parts and cards in China.