Originaltext
Diese Übersetzung bewerten
Mit deinem Feedback können wir Google Übersetzer weiter verbessern
Home
Total Telcom Inc.
Total Telcom Announces Strategy Change With Operating Division
Published Jun 30 2005
5 min read

Total Telcom Announces Strategy Change With Operating Division

EDMONTON, June 30 /CNW/ - TOTAL TELCOM INC. (TSX Venture: TTZ) announced
today that its wholly owned subsidiary Total Telcom Canada Corporation will no
longer solicit builds of fiber optic cable networks for third party customers
in the capacity of General Contractor. Effective July 1, 2005 Total Telcom
Canada Corporation will cease active bidding on third party network
installation contracts and will liquidate assets specific to construction
related activities. It is expected that this change in strategy will benefit
the Company as a whole by reducing direct operating expenses and converting
certain equipment assets back to cash. The Company further reported that Total
Telcom Canada Corporation will continue to be involved in network design,
engineering, maintenance and inspection projects for selected third party
customers on a fee for services basis.
"We have enjoyed three very successful and profitable years in the third
party network construction business as the Alberta SuperNet Project was
underway. We are very proud that we achieved recognition as one of Western
Canada's most qualified and well managed builders of fiber optic cable
infrastructure," stated President Robert Beaton, who further commented,
"Unfortunately we do not foresee an ability to remain competitive in the third
party construction business in today's environment due to a sharp reduction in
major work opportunities and anticipated lower margins on future projects.
Accordingly, we have decided to focus on providing professional consulting,
engineering and network maintenance services for selected clients and expect a
continued revenue stream related to those activities. Our current business
plan revolves significantly around the successful utilization and management
of our Fiber Optic Cable Network, achieving consistent revenues from third
party consulting work and the development of our newly acquired operating
division, ROM Communications."

Total Telcom Inc. owns, operates and manages state of the art long haul
IP Broadband Fiber Optic Networks, currently providing wholesale Bandwidth,
Lit and Dark Fiber-Optic capacity to national carriers, private industry and
retail broadband service providers operating within communities in Alberta and
BC. They also provide turnkey design, engineering, maintenance and inspection
services for private communication networks owned and operated by government
and industry. Effective December 31, 2004 Total Telcom Inc. acquired 100%
ownership of ROM Corporation, a wholly owned subsidiary offering "Web to
Wireless" remote monitoring, control and data management products and
services.

Trading symbol: TTZ: TSX Venture
Website: www.totaltelcom.com

"The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release."