Netel Technology (Holdings) Limited (Netel) is an investment holding company. The Company, along with its subsidiaries, is principally engaged in trading of telecommunication equipment and provision of long distance call services in Hong Kong. Netel is engaged in the business of providing internet protocol (IP)-based telecommunication services. The Company operates in three segments: sale of equipment, end-users direct sales and carrier sales. The Company carries out its telecommunication services through its two wholly-owned subsidiaries, Netel Technology Limited and Pacific Long Distance Telephone Corporation Limited. Netel Technology Limited, which is engaged in the trading of telecommunication equipment and provision of long distance call services. The Company鈥檚 directly held subsidiaries include Think Gold Assets Limited and Nation Power Limited.

Netel Technology (Holding) Ltd. (the Group) is principally engaged in the business of multi-media, value added telecom and information services. The Group is evolving from IP based telecom services to multi-media applications that include but not limited to job search engine www.gbjobs.com, cyber education www.ncecyber.com , working with China Central Government National Development and Reform Commission : China Information Times www.zgxxj.org and IP services platform www.callmela.com .