Smooth Global (China) Holdings, Inc. is a company incorporated in Nevada that is publicly traded on the NASDAQ OTCBB under the ticker symbol SMGH. The company operates Public Payphone service, VoIP service and International Call Forwarding (“ICF”) service in P. R. China through its two subsidiaries: Beijing QTC Information & Services Ltd. (“Beijing QTC”) and Beijing GRT Information Services Ltd. (“Beijing GRT”).
畅通全球（中国）控股有限公司
The market in China is huge
Stock SMGH is in a huge sector in China
Stock Ideas - Stock SMGH is in a huge sector in China
Right now in China it's new year!! It's their biggest holiday of the year. That means a potential 1 Billion people could be making phone calls to friends and relatives for New Year Greetings.
This could in turn
mean huge profits for SMGH because of their 7,7000 payphone network in Beijing. SMGH also provides VoIP services to many business.
Make sure SMGH is on your watch list. Do your own research now.
SMGH is planning to acquire a company in IT service with at least annual net income of US$3.5 million sometime this year!
The overall IT spending in China's telecom industry was estimated at RMB 26.95 billion ($3360.1 million) in 2006, an increase of 10.9% over 2005!
Broadband use in China is growing at about 80% a year and is expected to reach 130 million users by 2010!
At the end of December 2007, there were 547.29 million subscribers of mobile communication services in China according to statistics published by China's Ministry of Information.
SMGH launched its International Call Forwarding service for mobile phone users in Shanghai city in China from February 2007, and is now planning to roll out this business into other 20 cities in China within two years.
SMGH is the first one and currently the only one operator of this kind of business in China!