GlobalNet Corp. (GLBT) is in the Technology Industry

GlobalNet provides telecommunication services to customers around the world. These services include pre-paid telephone calling cards and reduced rate telephone calls using the Internet. Telephone calls that are initiated over the Internet combine user-friendly account tracking (i.e. monitoring on-line billing and call records) with the low tariffs of U.S. based telecommunications carriers, via calling centers accessed directly from home to anywhere in the world. During 2000, Co. decided to change its business model from being a telephony service provider, which provides the ability to send voice data (as opposed to digital data) over the Internet, to a more diversified company.