chinaman711
06-05-2006, 04:08 PM
Revenue Growth to Profitable $27 Million in 2006 From 2005 Revenue of $9 Million
Monday June 5, 2:42 pm ET
HONG KONG, June 5 /Xinhua-PRNewswire/ -- Telecom Communications, Inc. (OTC Bulletin Board: TCOM - News) released a letter to shareholders today from Tim Chen, CEO of Telecom Communications Inc., providing an update to shareholders regarding the Company's progress toward its projected growth from $9 million in 2005 revenue to a profitable $27 million in 2006 revenue.
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Dear Fellow Shareholders,
On behalf of Telecom Communications, I am pleased to confirm that the Company is on track to achieve our $27 million in profitable revenue goal for 2006. To achieve this goal, we have successfully optimized integration of our existing operations, increased the size of our average sales contracts and continued our joint venture new business development progress. We are meeting expectations in all three categories with the recently announced consolidation in progress of our integration union of telecom wireless value-added business as Alpha Century Total Solutions, SEO4Mobile and IBSv4.1 SME software business, a sales pipeline totaling over $10 million in potential sales from prospective contracts and IBS v5.0, subaye.com as membership fee a pipeline with over $6 million revenue in 4th quarter beginning July. The new acquisition business Wukuang as sales pipeline with $6 million in half-year. 3G Dynasty, an integration union of our Internet Content Service operations, as multimedia entertainment content on WAP and Web base membership fee a pipeline with over $5 million in annual revenue.
TCOM's business 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. Our growth strategy is to continue developing new service and products on our solid foundation of network, content and technologies to serve existing customers and the largest consumer market in the world.
Following the major success of Alpha's Total Solutions Provider business model, Our IBS v5.0 subaye.com 's excellent business that is offers strategic intermediary services to SME e-commerce value chain, to a market serving more than 1 million SMEs has exciting progress begun on the end of May.
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 Company management will improve, providing even greater shareholder value.
As the Company continues to close on elements of the Total Solution Provider and Internet Contents Service, management expects the equity market will recognize the likelihood that the forecasted $27 million in profitable 2006 revenue is obtainable resulting in an increased market capitalization.
We encourage shareholders and interested investors to learn more about the Company, its business plan and corporate progress. The Company's press release archives provide more detail on the Company's business model and the many initiatives launched to accelerate and expand the business model. Please do not hesitate to contact the Company at ir@tcom8266.com or 852-2782-0983 to receive more information or to find out about one of the upcoming investor presentations by management.
Monday June 5, 2:42 pm ET
HONG KONG, June 5 /Xinhua-PRNewswire/ -- Telecom Communications, Inc. (OTC Bulletin Board: TCOM - News) released a letter to shareholders today from Tim Chen, CEO of Telecom Communications Inc., providing an update to shareholders regarding the Company's progress toward its projected growth from $9 million in 2005 revenue to a profitable $27 million in 2006 revenue.
ADVERTISEMENT
Dear Fellow Shareholders,
On behalf of Telecom Communications, I am pleased to confirm that the Company is on track to achieve our $27 million in profitable revenue goal for 2006. To achieve this goal, we have successfully optimized integration of our existing operations, increased the size of our average sales contracts and continued our joint venture new business development progress. We are meeting expectations in all three categories with the recently announced consolidation in progress of our integration union of telecom wireless value-added business as Alpha Century Total Solutions, SEO4Mobile and IBSv4.1 SME software business, a sales pipeline totaling over $10 million in potential sales from prospective contracts and IBS v5.0, subaye.com as membership fee a pipeline with over $6 million revenue in 4th quarter beginning July. The new acquisition business Wukuang as sales pipeline with $6 million in half-year. 3G Dynasty, an integration union of our Internet Content Service operations, as multimedia entertainment content on WAP and Web base membership fee a pipeline with over $5 million in annual revenue.
TCOM's business 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. Our growth strategy is to continue developing new service and products on our solid foundation of network, content and technologies to serve existing customers and the largest consumer market in the world.
Following the major success of Alpha's Total Solutions Provider business model, Our IBS v5.0 subaye.com 's excellent business that is offers strategic intermediary services to SME e-commerce value chain, to a market serving more than 1 million SMEs has exciting progress begun on the end of May.
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 Company management will improve, providing even greater shareholder value.
As the Company continues to close on elements of the Total Solution Provider and Internet Contents Service, management expects the equity market will recognize the likelihood that the forecasted $27 million in profitable 2006 revenue is obtainable resulting in an increased market capitalization.
We encourage shareholders and interested investors to learn more about the Company, its business plan and corporate progress. The Company's press release archives provide more detail on the Company's business model and the many initiatives launched to accelerate and expand the business model. Please do not hesitate to contact the Company at ir@tcom8266.com or 852-2782-0983 to receive more information or to find out about one of the upcoming investor presentations by management.