American TeleSource Acclaimed as NAFTA Success Story; Chairman Smith to Participate in Briefing With U.S. Senator Phil Gramm.SAN ANTONIO--(BUSINESS WIRE)--Aug. 5, 1999-- American TeleSource International Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: AMTI AMTI Applied Marine Technology Inc AMTI Advanced Mechanical Technology Inc (Watertown, MA) AMTI Applied Marine Technology, Inc. AMTI Advanced Medical Technology Institute AMTI Automatic Moving Target Indicator ) ("ATSI ATSI Aboriginal and Torres Strait Islander (Australia) ATSI Association of Thai Software Industry ATSI Association of TeleServices International ATSI American Transmission Systems, Inc. ") announced today that it has been recognized as one of NAFTA's success stories, based on a study commissioned by The Texas Public Policy Foundation. Arthur L. Smith, ATSI's chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , will join U.S. Senator Phil Gramm William Philip "Phil" Gramm (born July 8, 1942, in Fort Benning, Georgia, USA) served as a Democratic Congressman (1978–1983), a Republican Congressman (1983–1985) and a Republican Senator from Texas (1985–2002). , Jose Martinez of the Free Trade Alliance San Antonio and representatives from the Consulado General de Mexico and the Canadian Consular General in an unveiling of the study, examining the effects of NAFTA NAFTA in full North American Free Trade Agreement Trade pact signed by Canada, the U.S., and Mexico in 1992, which took effect in 1994. Inspired by the success of the European Community in reducing trade barriers among its members, NAFTA created the world's after five years. The general public and their families are welcome to attend the briefing on Sunday, Aug. 8, 1999, at 2:50 p.m. The details of the press conference follow:
Plaza San Antonio Hotel, Conference Room B, Conference Center
(Formerly the German American School)
555 South Alamo Street, San Antonio, Texas
Smith stated, "ATSI is extremely honored to receive this recognition. Our Company was also started nearly five years ago, and NAFTA, along with the deregulation Deregulation The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. of the telecommunications industry in Mexico, have played key roles in our success. We have had to overcome high barriers to entry, secure key licenses and agreements and develop an extensive retail distribution presence to be successful in Mexico. "We currently employ 485 Mexican citizens along with approximately 100 employees in San Antonio. ATSI is continuing its commitment to contribute to improvements in the communications infrastructure in this multi-billion dollar underserved market." ATSI is one of the few companies operating in Mexico that has been able to secure the necessary licenses to carry communications services between and within Mexico and the United States Relations between the United States and Mexico are among the most important and complex that each nation maintains. They are shaped by a mixture of mutual interests, shared problems, and growing interdependence. . These licenses include 1) a 20-year long distance resale license, 2) a 15-year satellite and teleport network license, 3) a 20-year packet switching network license and 4) a value-added services (Internet) permit. The Mexican government no longer grants the satellite and network licenses. ATSI has an extensive retail distribution system throughout Mexico. It is the largest owner and operator of public calling centers "casetas" in Mexico, including 127 locations in 66 Mexican cities. ATSI's closest competitor operates approximately 70 locations. ATSI owns nearly 750 public pay telephones, which contribute to ATSI's presence in the tourist areas of Mexico. Copies of the NAFTA study will be available after the press conference by calling The Texas Public Policy Foundation in San Antonio, Texas “San Antonio” redirects here. For other uses, see San Antonio (disambiguation). San Antonio is the second most populous city in Texas, the third most populous metropolitan area in Texas, and is the seventh most populous city in the United States. As of the 2006 U.S. , at 210/614-0080, and can be downloaded at www.tppf.org. American TeleSource International Inc. is an emerging international carrier serving certain niche telecommunications markets in and between Latin America and the United States. ATSI's borderless strategy includes the deployment of a "next generation" ATM network for more efficient and cost effective service offerings of voice and data transport. The Company has clear advantages over the competition through its corporate framework consisting of unique licenses, interconnection and service agreements, network footprint and extensive distribution channels. |
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