China Tel Group Inc. (OTCBB: CHTL) focuses on the telecom sector, working to deliver its broadband technology in China. The company is targeting a population of more than 300 million people, representing 50 percent of the country’s GDP. The company today announced the appointment of Colin Tay as company president, and Mario Alvarez as COO, supported by their experience in the architectural and Asian markets.
“We now have our senior leadership in place and are moving forward rapidly with our strategic plans for China and the extraordinary opportunities within that country’s telecom sector. We have a singular opportunity to develop and operate the latest in 3.5GHz Wireless broadband technology for up to 29 cities across China,” George Alvarez, CEO of China Tel stated in the press release. “We are very fortunate and pleased to have the experience and skills of both Colin and Mario available to us as we move ahead.”
Both men held executive positions at the company’s recently acquired subsidiary, Trussnet USA Inc., and served on the company’s board of directors. Tay brings has more than 25 years of large infrastructural construction project experience in the Asian market. Before his appointment as president of Trussnet in 1993, Tay was employed with YKK Architectural Products Pte. Co. Ltd., of Singapore; with YKK Taiwan Co., Ltd.; and with Hyundai Engineering & Construction.
His projects include Terminal II of Singapore’s Changi Airport; the Thamrin Commercial Plaza in Indonesia; the China World Trade Center; MRT Stations for Taiwan’s rapid transit system; the Kaohsiung Linden Hotel; and the international data center for ACER Computer.
Alvarez previously served Trussnet USA as both an executive director and principal architect at the company’s conception. He also worked as chairman, CEO, director and co-founder of VelociTel LLC, in which he directed the VelociTel group from its formation as a portion of Alvarez’s architectural practice into a multi-national organization with hundreds of employees throughout the world. Alvarez is a member of the American Institute of Architects, the National Council of Architectural Registration Boards and the Construction Specifications Institute. He is a licensed architect in 49 states and has experience with the construction of several billion dollars worth of telecommunications, commercial and residential projects.
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