Elite Technologies Subsidiary Completes Installation and Testing of Fiber Line between New York and Moscow
Wednesday October 2, 7:45 am ET
ATLANTA, Oct. 2, 2002, Elite Technologies, Inc. (OTC Bulletin Board: ETCHE - News; http://www.elitetechinc.com) announced today that its wholly owned subsidiary, Worldtouch Communications, Inc., has completed the installation and successful testing of a private fiber line spanning from NYC to Moscow, Russia. This direct route will offer top tier quality and reliability for the 30 million plus minutes per month of international telephony traffic World Touch currently has under contract to carry for several communication companies in Moscow. This direct route also offers unmatched connectivity diversity for US companies sending traffic into Russia and Eastern Europe.
Todd Holbrook, President of Worldtouch, stated, "The line, or DS3, has the capability to route 100 million minutes per month plus. The completion of the DS3 line positions World Touch to begin service billing shortly, opening up the potential to create considerable revenue streams for the company in the near future."
Elite Technologies, Inc., through its subsidiary companies, provides software distribution, as well as hardware wholesale and retail distribution of computer parts and systems. Additionally, Elite designs, manufactures and distributes Internet "pay by minute" Kiosks throughout the U.S. and other countries. Worldtouch, another wholly owned subsidiary provides long distance telecommunications services. Additional information on Elite Technologies, Inc. and its subsidiaries can be found at http://www.elitetechinc.com
Originally posted by DanielP They spent all that money and only ran a DS3?!
That's what I don't get...it's probably all they need for telecommunications but think about a direct fiber line for the Internet...maybe they did and realized no matter how large the pipe, if used for internet traffic, it would just be saturated by the Russian piracy groups...heh.... Why didn't they.... maybe they only had a too small drill bit
You can buy this kind of capacity on a site such as band-x.com. I seriously doubt the company in question went and dug trenches across Europe More likely they leased capacity from existing carriers, like nearly everyone else. Especially if it's just DS-3.