3. Description of the Transaction

GTEL Acquisition Corp., GTEL Merger Corp., and GTEL Holdings, entered into an Agreement and Plan of Merger dated September 11, 2008, under which GTEL Merger Corp. will be merged with GTEL Holdings, whereupon the separate existence of GTEL Merger Corp. will cease, and GTEL Holdings will be the surviving corporation. Upon consummation of the merger, GTEL Acquisition Corp. will own 100% of the issued and outstanding capital stock of GTEL Holdings, which will remain as the 100% shareholder of Global. A copy of the Agreement and Plan of Merger is attached to the application as Exhibit 3. Organizational charts, showing the current ownership structure of Global, and the ownership structure after the transfer is completed, are attached to the application as Exhibit 4.