Canadian Programming Concepts Ltd., the predecessor of GST Global Telecommunications Inc., announces signing of letter of intent.VANCOUVER, British Columbia--(BUSINESS WIRE)--Sept. 27, 1996-- CANADIAN PROGRAMMING (VSE See DOS/VSE. VSE - Virtual Storage Extended : CIP (1) (Common Isochronous Packet) The packet format used in time-based (real time) FireWire transmission. See FireWire, IEC 61883 and mLAN. (2) (Common Industrial P ) GST GST abbr. Greenwich sidereal time GST (in Australia, New Zealand, and Canada) Goods and Services Tax Global Telecommunications Inc. has signed a letter of intent to acquire 80 percent of the issued and outstanding shares of Vitacom Corporation from Cable and Wireless Holdings, Inc., the US subsidiary owned by Cable and Wireless Holdings PLC, one of the worlds largest telecommunications providers, will retain a 20 percent equity holding in Vitacom Corporation. Vitacom is a telecommunications services provider based in Mountain View, California For the census-designated place, see Mountain View, Contra Costa County, California. For other places called "Mountain View", see . Mountain View is a city in Santa Clara County, in the U.S. state of California. The city gets its name from the views of the Santa Cruz Mountains. and Latin America specializing in the integration of fiber networks with satellite communications. Vitacom sells cost effective private network solutions in the form of equipment and services with emphasis on engineering, manufacture, and integration of satellite communications systems, wireless extension technologies and the services of Cable & Wireless Group. These offerings encompass Internet, data, messaging, video and voice communications. The company provides design, development and manufacturing of VSAT (Very Small Aperture satellite Terminal) A small earth station for satellite transmission that handles up to 56 Kbits/sec of digital transmission. VSATs that handle the T1 data rate (up to 1.544 Mbits/sec) are called "TSATs. equipment and services which are available to all its customers. Vitacom has considerable service resources which include maintenance and repair facilities in California and Mexico, along with maintenance capability throughout Latin America and Network Operation Centers (NOC (Network Operations Center) A central or regional location for monitoring a large network. Also called a "network management center" (NMC), "service management center" (SMC) or "network control center" (NCC), a NOC may be used to manage a large enterprise network, ) in California and Mexico. Vitacoms' network management systems are leaders in the VSAT industry, providing real-time monitoring and control capabilities for over 100 operating parameters of every earth station in the network. At the heart of these capabilities are the Vitacom proprietary Diagnostic and Monitoring System product line and Network Management System which allows each station to operate unattended, yet fully supervised from the Network Control Centers. These systems provide continuous, automatic control of each remote earth station, maintain a complete database of the equipment and operating parameters of each station, and generate network operation statistics. Vitacom has supplied over 1,000 earth stations and approximately 40 networks are presently in operation. Technicians at the Network Control Centers monitor many of these networks and provide on-line services for the remote stations. Diagnosis and problem resolution occurs on a 24-hour basis. Canadian Programming Concepts Ltd. has received Vancouver Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). approval for its change of name to GST Global Telecommunications Inc. GST Global Telecommunications Inc. will be traded on the Vancouver Stock Exchange under the symbol GGB GGB Gotta Go Bye GGB Generic Genome Browser GGB Golden Gate Bridge GGB Grupo Gay da Bahia (gay, lesbian & sexual minority organization in Brazil) GGB Glacier Garlock Bearings GGB General Government Balance GGB Gauteng Gambling Board . CONTACT: Canadian Programming Concepts Ltd. Rob Blankstein, 604/688-0553 or 800/667-4366 |
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