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GLOBALTEL'S HISTORY


 In June of 1991, the Company was founded by its President and CEO, Steven M. Williams, as a research and development company, focusing on computer telephony products and services designed for switching high volume voice and data transmissions. These products and services were marketed to international long distance telephone companies and to broadcast companies.


In 1992 the Company entered the international telecommunications market by entering into joint venture and product licensing agreements with companies in Brazil for its switching and call handling products.


In April of 1994, the Company acquired GLOBALTEL, a start-up callback operation founded in 1993. Two other smaller callback operations have been acquired since then. The research and development arm of the Company was phased out in the spring of 1996 and all resources are focused on telecommunications services market.


For each of the years, 1995, 1996 and 1997, the Company was ranked as number (3) by the South Florida Business Journal, in its annual "Fast Tech 40 List". In 1998 it was number (5), and in 1999 it was number (6) on that list. The list ranks the fastest growing high tech companies in South Florida.


In 1997 the Company positioned itself for rapid growth. New switching equipment was acquired. Additional multilingual personnel and new advanced technology for operations and billing systems were added.


In the December of 1997, the Company entered the US domestic long distance market by offering switching services to US domestic prepaid phone card distributors. The marketing of these services was highly successful and this service continues to be a source of significant revenue for the Company.


In the spring of 1999, the Company moved its offices to a newer and larger location and again revamped and upgraded every phase of the operations with new switching, new computers, additional personnel, and a new billing system. These improvements increased the capacity of traffic the Company is able to handle by ten fold.



In the Summer of 1999, the Company began marketing Direct Dial services in 28 countries. This service, known as Universal International FreePhone Numbers (UIFN) is available to every GlobalTel customer and has proven to be very popular. The service is being offered in additional countries, with new countries being added to the list each month. The Company also developed and began marketing Prepaid calling cards, utilizing the callback switches. This services is marketed under the label of CALLMEBACK.NET. Both of these services are becoming a significant source of revenue for the Company.


GlobalTel represents and offers to its customers, the services of the top and major carriers in the US and Canada. Each carrier has unique abilities to reach the far corners of each country in the world. Each GlobalTel customer benefits from this multiple carrier arrangement, since any interruption in service or quality can be solved instantly by switching to another carrier.


This year, 2001, is, and will be a busy one for GlobalTel. In February, additional switches are being installed, the latest switching equipment offered by CISCO is being added which will enable GlobalTel to offer VOIP service to it Customers. In the Summer of 2001, the Company will expand again by moving to a larger office suite near its present location.



INDUSTRY INFORMATION



GlobalTel operates under the approval of the U.S. Federal Communications Commission (FCC) with a Section 214 license. The World Trade Organization Classifies “callback” as a "long distance telecommunications service", and for trade classification purposes, “callback” is an “export”.

Telecommunications is one of the largest industries in the world.   It was estimated that world telecom revenues were $800 billion in 1996 and would grow 50 percent, to $1.2 trillion by the year 2000. U.S. companies control about 30 percent of the world trade in telephone services.

GlobalTel's telecom services are used by ambassadors, consulate and embassy employees, trade promotion and other international organization officials, corporate executives, professional firms, export-import companies and others engaged in international business and travel. Letters of reference are available.

On February 15, 1997, 69 countries that represent more than 90% of the world telecommunications revenue entered into a landmark World Trade Organization (WTO) accord. The WTO accord seeks to open telecommunications markets around the globe. The US became the first country to implement the agreement, when the US Federal Communications Commission (FCC), on November 25, 1997, agreed to make it easier for overseas telephone carriers and satellite operators to compete in the US. The FCC commissioner described the significance of the WTO Accord as “staggering”. Consumers will see the benefits of competition through lower international calling rates and increased innovation. US domestic telecommunications companies will have enormous business opportunities as barriers to foreign markets are dismantled.  The accord, which took effect on January 1, 1998, basically ends a 60-year tradition of telecommunications monopolies and closed markets.

"International Callback", was approved by the U.S. Federal Communications Commission in 1995, after opposition from several of the world's major carriers. GlobalTel uses high tech computer telephony switching to export US dial tones to every country. GlobalTel customers in over 200 countries make international calls to every country.

In some countries, Callback, as well as other competing telecommunications services, is still either illegal or discouraged, but it is widely used in literally every country in the world by government and military offices, officials and personnel. Opposition to competition, by either governments or monopolistic telephone companies, is contrary to the spirit and rules of the WTO accord of February 15, 1997.  Monopolies and democracy do not go together and the global trend today is toward freedom and democracy and the abolishment of monopolies and other barriers to trade, travel and communications. See the WTO home pages on the Internet at:  http://www.wto.org. 

The sale and use of International Callback does not violate any US laws and does not violate any International Laws or Treaties.   See FCC Home Pages at http://www.FCC.gov/IB/.

In countries where the UIFN 800 NUMBER DIRECT DIALING is available, the legal issue between countries and the callback industry may become a non-issue, since revenue from the use of the 800 number is shared by the participating countries and their telecom industries.

Low telephone rates are increasingly important in today’s growing global economy. Low rates help strengthen the ties of family and friends, promote communication, unity and peace and make it easier to promote exports and improve trade balances between nations.

The World needs better, faster and inexpensive communication. GlobalTel is part of the solution! As a GlobalTel Independent Agent or a GlobalTel Customer, you too will be part of the solution!

For More information please contact your GlobalTel agent. For assistance in finding an agent near you or an agent who speaks your language and can serve your specific needs please contact GlobalTel.