|
Open Telecommunications
Open Telecommunications Ltd. is a defunct software company supplying the telecommunications industry. The company was founded by Wayne Passlow as a private company in North Sydney, Australia. Open Telecommunications provides products and services that collectively deliver a new generation of telecommunications network infrastructure. The Open Telecommunications infrastructure includes switching products, content and services, and management systems. At its peak, Open Tel (AX:OTT) claimed to serve the five continents with long list of clients including Samsung and LG Electronics in South Korea, telcos in The Netherlands, United States, and Peru. Local customers include: Optus, One.Tel and COMindico (also founded by Wayne Passlow). The company also enjoyed financial and technological backing from the networking giant Cisco Systems. The junior telco shared the same powerful backers as the defunct One.Tel: James Packer and Lachlan Murdoch. It also suffered the same fate as One.Tel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
