Overview

American Nortel Communications, Inc. (ANC) operates telecommunications business, providing long distance telephone service as a reseller in combination with additional related services in the United States and other foreign countries. The Company also operates a division, ANC Patent Corp. ANC Patent Corp. is a property boutique that focuses on monetizing patent portfolios through licensing and patent enforcement campaigns, as well as through financing contingent fee patent infringement litigation. The Company resells long distance telephone services to both small business and residential customers. It purchases long distance time from Sprint. ANC is charged for the time it uses beyond certain minimum requirements and in turn charges its customers a certain amount per minute. It does not direct-bill its customers, but utilizes the Local Exchange Carriers (LEC), which provides local area telephone service to the Company's long-distance customers, for billing and collections.