ATC 0.00% 12.0¢ altech chemicals ltd

Network linking the USA to Asia and Europe

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    ADVANTAGE TELECOMMUNICATIONS LIMITED 2002-10-31 ASX-SIGNAL-G HOMEX - Perth +++++++++++++++++++++++++ ADVANTEL AWARDED 214 INT'L US TELECOMMUNICATIONS LICENSE US INTERNATIONAL NETWORK Advantage Telecommunications Limited (AdvanTel) (ASX: ATC) announced today that it had commissioned a new high capacity international network linking the USA to Asia and Europe. In line with the company's 'Build to Order Strategy', the new US international network can carry some 30 million minutes of international voice traffic from the USA for ATCs contracted US customers. ATC have established points of presence in both LA and New York. Mark Stewart, Chief Executive Officer, AdvanTel said, "ATC have contracted 12 US customers and have a resulting large volume of Asia bound US traffic. The new US network reduces our order backlog and should realize new revenue streams". He continued, "ATC is now in a superb position to develop its Eurasian China gateway business and with Asia market prices increasing to countries such as China and Vietnam, ATCs timing to access the US market could not be better." ATC's US international network is based on SDH technology to provide the highest quality backbone on which to carry high volumes of international telephone calls. Mark Stewart, Chief Executive Officer, AdvanTel said, "We would also like to state that ATC's new US network has been established through supplier negotiations at no incremental cost to the company." USA 214 LICENSE ATC are also pleased to announce it had been awarded a full 214 license to operate international telecommunications services to and from the United States of America. Donald E Connor, AdvanTel's General Counsel, said "ATC applied to the US Federal Communications Commission (FCC) for a full International 214 telecommunications license in August. Confirmation that the license was granted, following the necessary approvals, was obtained 22nd October 2002". For further information please contact: Mark Stewart CHIEF EXECUTIVE OFFICER Advantage Telecommunications Limited [email protected] 0011 44 207 464 4430

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