Prev: Re: A minor power for FT Next: [GZGPedia] Re: Corporate Power: ITTT

Corporate Power: ITTT

From: "Bell, Brian K" <Brian_Bell@d...>
Date: Mon, 30 Aug 1999 10:35:26 -0400
Subject: Corporate Power: ITTT

Interstellar Trade, Transport and Telecommunication (ITTT)

Source: Brian Bell

Summary Information

Category: Unofficial 
Political Power: 2
Military Power:  1
Economic Power:  4
Size:		 1


>From the corporate brochure:
ITTT is the brainchild of Michael Sharpe. Mr. Sharpe, owner of several
corporations, fled the USA in 2048, just prior to the collapse of the US
economy. Having placed most of his holdings overseas, the collapse and
following 'pacification' had a major, but not catastrophic impact on his
assets. He spent the next 10 years in speculative investment (some paid
some were written off) including heavy funding of an asteroid mining
and minor investment in the Gilderstien Foundation. In late 2060 he
across the real reason that the Gilderstein Foundation's L5 lab
He set everything in motion to form the ITTT but waited for the official
announcement in 2061.

ITTT was founded in 2067 by a group of private individuals and selected
corporations. The planned colonization of the AF and EC presented an
opportunity. ITTT agreed to sponsor quarterly transits to the new
in exchange for a 99 year exclusive contract for transportation of goods
(non-government, non-military), people (after 1 year) and communication.
travel, was a hugely expensive (and somewhat dangerous) proposition. The
expense of sending goods by FTL seemed to make it a guaranteed financial
loss. The deep pockets of ITTT allowed them to take the long view of
such a
venture. The governments, wanting to invest in expansion rather than on
support of colonies, agreed to the terms. The company was driven to the
brink of bankruptcy several times. But as colonies grew in size, the
began to make a profit and shipments increased in frequency. The vast
majority of colonies signed a contract with ITTT. Those that did not
initially, did after a couple of years of infrequent supplies from their
governments. In 2080, ITTT expanded into the expensive field of FTL
communications. FTL communications huge power cost and dangerous
environmental impact make it only practical to mount such communication
relays on unpopulated asteroids. ITTT's asteroid mining operations
it with a vast amount of organic knowledge about the operations of bases
asteroids. FLT communication is still only employed by major worlds (and
only by the Government and major corporations) due to the cost of
By 2100, ITTT was showing a hansom profit. ITTT settled one of the moons
Saturn (TBA) and expanded their mining and ship building operations. In
2108, it faced separate challenges from the NAC, and ESU to its right to
moon of Saturn. However military protection by the USNC and a boycott of
shipments to the government colonies quickly ended each of the
In 2113, ITTT laid claim to the system of (TBA) and moved their
there. Currently (circa 2180's) ITTT has contracts with the majority of
colonies and maintains a large market share of the FTL transportation
communications industries on the major worlds.

ITTT is based on a 3 line mantra:
	Fair Prices
	Good Service
	Long View

Not in the corporate brochure:
Jon Tuffley stated "The GZG universe has NO GOOD GUYS" (paraphrased).
is certainly true of ITTT. 

It is by nature a company that thrives in a monopolistic setting. It is
ruthless in defending its contracts. It employees a large (by corporate
standards) force of Q-ships and a military force comprised of a fleet of
military class ships (escorts and troopships) and a fair contingent of
marines. They have a "black ops" section that is thoroughly active.

On the other hand it sets a standard rate for FTL transport. The rate is
based on transit time, risk, and who assumes the responsibility for
lost to hostile action (raiders/pirates/terrorists/military). This
has allowed ITTT to stave off the "nationalization" of trade routes and

All initial contracts between ITTT and new colonies contain 4 clauses:
	Exclusive FTL transportation and communication rights for 99
	A permanent land grant to operate an Embassy (treated as foreign
soil) .
	The permanent right to defend its ships within the system.
	Who assumes responsibility for ships lost to hostile action.
Brian Bell    

Prev: Re: A minor power for FT Next: [GZGPedia] Re: Corporate Power: ITTT