<PAGE>

                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   Form 10-QSB

                   Quarterly Report Under Section 13 or 15(d)
                     of the Securities exchange Act of 1934

                     For Quarter Ending September 30, 2000

                       Commission File Number #33-38119-C
                                              -----------

                         VOICE AND WIRELESS CORPORATION
                                Formerly known as
                  Kensington International Holding Corporation

             (Exact name of registrant as specified in its charter)

                                    MINNESOTA
                            -------------------------
                                 (State or other
                                 jurisdiction of
                                 incorporation)

                                   41-1610632
                        (IRS Employer Identification No.)


                SUITE 654, 600 SOUTH HIGHWAY 169, MINNEAPOLIS, MN
             -------------------------------------------------------
                    (Address of principal executive offices)


                                      55426
                                   (Zip code)

                    Registrant's telephone number, (612) 546-2075
                                                   --------------

Indicate by Check mark whether the registration (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or of such shorter period that the
registrant was required to file such reports), and 2) has been subject to such
filing requirements for the past 90 days.

 Yes X                No
    -------               ------


Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date:

Outstanding shares are 8,977,367 of common stock no par value.


        CAUTIONARY STATEMENT FOR PURPOSES OF THE "SAFE HARBOR" PROVISIONS
             OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

Statements in this discussion which are not historical facts may be considered
"forward looking statements" within the meaning of


                                       1
<PAGE>

Section 21E of the Securities Act of 1934, as amended, including projected sales
based upon orders, estimated cost savings and savings that may be generated from
restructuring. The words "believe", "expect", "anticipate", "estimate", and
similar expressions identify forward looking statements. Any forward looking
statement involves risks and uncertainties that could cause actual events or
results to differ, perhaps materially, from the events described in the forward
looking statements. Readers are cautioned not to place undue reliance on these
forward looking statements. The Company undertakes no obligation to publicly
update or revise any forward looking statement, whether as a result of new
information, future events or otherwise. The risks associated with the Company's
forward looking statements include, but are not limited to, risks associated
with the Company's history of losses and uncertain profitability, reliance on a
large customer, risks associated with competition, general economic conditions,
reliance on key management and production people, future capital needs,
dilution, effects of outstanding notes and convertible debentures, limited
public market, low stock price, and lack of liquidity.

The following discussion and analysis should be read in conjunction with the
consolidated financial statements, related notes and other information included
in this quarterly report on Form 10-QSB.

Part I.  FINANCIAL INFORMATION

               QUARTER ENDED  SEPTEMBER 30, 2000

                                     GENERAL

         The following consolidated financial information is submitted in
response to the requirements of Form 10-QSB and is prepared in accordance with
generally accepted accounting principles. Certain information and footnote
disclosures normally included in financial statements prepared in accordance
with generally accepted accounting principles have been condensed or omitted,
although the Company believes the disclosures that are made are adequate to make
the information presented not misleading. Further in the opinion of management,
the interim consolidated financial statements reflect fairly the financial
position and results of operations for the period indicated.

         The results of operations for the quarter ended as stated above are not
necessarily indicative of results to be expected for the entire fiscal year
ending December 31st.

Item 1.  CONSOLIDATED FINANCIAL STATEMENTS

The consolidated balance sheet of Voice and Wireless Corporation (the "Company")
as of the quarter ended September 30,2000 and the related consolidated
statements of operations and cash flows


                                       2
<PAGE>

thereto are incorporated herein by reference to the Company's quarterly report.


Item 2.   MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
          RESULTS OF OPERATIONS


RESULTS OF OPERATIONS
( in 000 except per share data)

<TABLE>
<CAPTION>
Highlights: QUARTER ENDED SEPTEMBER 30
                              2000             1999              CHANGE
                           ---------          ------            --------

<S>                        <C>               <C>              <C>
 Revenue                      $645             $820              (21.3%)
Gross Profit                  $191             $292              (34.6%)
 Net Income (Loss)           ($236)            $ 30             (886.6%)

 Earning (loss) per share   ($0.03)            $.01
</TABLE>


            YEAR TO DATE ENDED SEPTEMBER 30

<TABLE>
<CAPTION>
                             2000           1999           CHANGE
                          ---------       --------        --------
  <S>                       <C>             <C>            <C>
 Revenue (000's)            $2,603         $2,835           (8.1%)
 Gross Profit               $  877         $  940           (6.7%)
 Net Income (Loss)         ($  581)        $  119         (588.2%)

 Earnings (Loss) per share  ($0.07)         $0.03
</TABLE>


 Revenues for the quarter totaled $645k as compared to $820k for the same
quarter in 1999. The variance in revenue is due to a slow down in orders of
product and services. Year to date revenues for 2000 total $2,603k compared to
$2,835k for 1999. We appear to be seeing a slow down in the rate of orders for
our fixture business. Revenues for Mail Call, Inc. continue to be minimal and
below expectations. The Company is continuing to evaluate new options for
marketing Mail Call services but does not expect any significant revenues from
Mail Call in the last quarter of 2000.

Gross profit for the quarter ended September 30, 2000 totaled $191k compared to
$292k for the same quarter of 1999. The decrease in gross profit percentage is
due to lower revenue volume for our fixture business.


Operating expenses for the third quarter of 2000 totaled $431k as compared to
$239k for the second quarter of 1999. Operating expenses for Mail Call Inc. and
additional legal and professional


                                       3
<PAGE>

services for the ear bud being developed by The Company accounted for the
majority of the increase in 2000.

LIQUIDITY AND CAPITAL RESOURCES

During the quarter The Company converted $104k of outstanding debentures to
common stock and paid off the remaining $21k.
INFLATION

     The rate of inflation can have a significant impact on the Company's
operations because of increase in wood product costs. The Company bids most
projects and can not pass all of the cost increases to our customers.

Part II.  OTHER INFORMATION

Item 1.  Legal Proceedings - None
Item 2.  Changes in Securities

During the quarter The Company issued 104,250 shares of common stock to various
individuals that had loaned the company money. The common stock was issued
pursuant to the conversion of the amounts owed by the Company to common stock at
a conversion rate of 1 share of common stock for each $1.00 owed by the Company.
In connection with this sale, the Company relied upon exemption from
registration provided by Sections 4(2) and 4(6) of the Securities Act.

The Company issued 270,000 shares of restricted common stock in exchange for the
remaining shares of stock in Mail Call Inc. thus creating a wholly owned
subsidiary. In conjunction with this transaction The Company received 135,000
shares of its common stock from a shareholder.

Item 3.  Defaults upon Senior Securities - None
Item 4.  Submission of Matters to a Vote of Security Holders - None
Item 5.  Other Information - None

Item 6.  Exhibits and Reports that have been filed since 1994 on Forms 8-KSB,
10-KSB, and 10-QSB, DEF 14A and the October 18, 1995 S-8 filing as described in
Item 2 herein.


                                   SIGNATURES

Pursuant to the requirements of the Securities and Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.


                                       4
<PAGE>

             VOICE AND WIRELESS CORPORATION, formerly known as
                       KENSINGTON INTERNATIONAL HOLDING CORPORATION



                                             /s/ Mark Haggerty
                                             Mark Haggerty
                                             Chief Executive Officer


                                             /s/ Jeff Etten
                                             Jeff Etten, C.F.O.


Dated:  November 13, 2000
        Minneapolis, Minnesota


                                       5
<PAGE>




                 VOICE AND WIRELESS CORPORATION AND SUBSIDIARIES
                           CONSOLIDATED BALANCE SHEETS
<TABLE>
<CAPTION>


                                                                    SEPTEMBER 30,        DECEMBER 31,
                                                                      2000                 1999
                                                               -----------------    ------------------
                                                                   (UNAUDITED)


<S>                                                            <C>                  <C>


                                    ASSETS
CURRENT ASSETS:
  Cash and cash equivalents                                   $          764,715   $       1,026,036
  Accounts receivable                                                    438,076             491,631
  Inventories                                                            277,831             286,831
  Other current assets                                                    28,675              18,215
                                                              -----------------    ------------------
     Total current assets                                              1,509,297           1,822,713
                                                              ==================   ===================

OTHER ASSETS:
  Note receivable                                                        180,000                   0
  Investment in oil and gas properties, net                               60,681              65,181
  Property and equipment, net                                            307,341             275,803
  Notes receivable - related parties, net                                 11,125              11,125
  Intangibles, net                                                       730,700              32,371
  Investment in unconsolidated corporations                              143,740              40,000
                                                              -----------------    -----------------
      Total other assets                                               1,433,587             424,480
                                                              ------------------   -----------------

                                                              $        2,942,884   $       2,247,193
                                                              ==================   =================




                                         LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES:
  Notes payable - related parties                             $            2,500   $          82,965
  Current portion of long term debt                                       21,000             354,058
  Current portion of capital lease obligations                               631               5,913
Accounts payable                                                         208,860             278,706
Accrued expenses                                                          89,953             151,566
                                                               ------------------  -----------------
     Total current liabilities                                           322,944             873,208

LONG TERM DEBT, NET OF CURRENT PORTION                                  322,998             448,368
MINORITY INTEREST IN SUBSIDIARY                                                0             466,567
                                                               -----------------    ----------------
     Total liabilities                                                   645,942           1,788,143
                                                               =================    =================

STOCKHOLDERS' EQUITY:
  Common stock                                                         7,235,011           4,796,893
Stock subscriptions receivable                                                0              (62,797)
Accumulated deficit                                                   (4,938,069)         (4,275,046)
                                                               -----------------    ----------------
     Total stockholders' equity                                       2,296,942              459,050
                                                               -----------------    ----------------

                                                              $        2,942,884   $       2,247,193
                                                              ==================   =================

<CAPTION>
</TABLE>


<PAGE>


                 VOICE AND WIRELESS CORPORATION AND SUBSIDIARIES
                      CONSOLIDATED STATEMENTS OF OPERATIONS
<TABLE>
<CAPTION>


                                                       QUARTER ENDED                    NINE MONTHS ENDED
                                             --------------------------------       -------------------------------
                                             SEPTEMBER 30,     SEPTEMBER 30,        SEPTEMBER 30,       SEPTEMBER 30,
                                               2000              1999                   2000                 1999
                                            ---------------   ---------------       --------------    --------------
                                            (UNAUDITED)       (UNAUDITED)          (UNAUDITED)          (UNAUDITED)


<S>                                            <C>             <C>                  <C>                <C>


REVENUES                                      $ 644,849         $ 819,884             $ 2,602,915        $ 2,834,900

COST OF SALES                                   453,977           528,067               1,726,319          1,895,245
                                                -------           -------               ---------          ---------

GROSS PROFIT                                    190,872           291,817                 876,596            939,655

OPERATING EXPENSES                              431,564           239,056               1,589,995            721,351
                                                -------           -------               ---------            -------

INCOME (LOSS) FROM OPERATIONS                  (240,692)           52,761                (713,399)           218,304

OTHER INCOME (EXPENSE):
  Interest income                                30,104            20,118                  70,437             21,032
  Interest expense                              (23,317)          (32,211)                (79,491)          (109,388)
  Other income                                   (2,174)                0                       0                 0
  Minority interest in loss of subsidiary             0           (10,996)                141,763            (10,996)
                                               -------            -------                 -------            -------
     Total other income (expense)                 4,613           (23,089)                132,709            (99,352)
                                               --------           -------                 -------            -------

Income (loss) before income taxes              (236,079)           29,672                (580,690            118,952

Provision for income taxes                            0                 0                       0                  0
                                              --------           --------                -------           ---------

NET INCOME (LOSS)                            $ (236,079)         $ 29,672              $ (580,690)         $ 118,952
                                             ==========          ========              ==========          =========


BASIC NET INCOME (LOSS) PER COMMON SHARE        $ (0.03)           $ 0.01                 $ (0.07)            $ 0.03
                                              =========        ==========              ===========       ===========

WEIGHTED AVERAGE COMMON SHARES OUTSTANDING    8,937,601         3,557,115               8,172,294          3,557,115
                                              =========        ==========              ==========        ============
</TABLE>



<PAGE>

         VOICE AND WIRELESS CORPORATION AND SUBSIDIARIES
            CONSOLIDATED STATEMENTS OF CASH FLOWS
<TABLE>
<CAPTION>



                                                                                        NINE MONTHS ENDED
                                                                                        -----------------
                                                                                SEPTEMBER 30,       SEPTEMBER 30,
                                                                                   2000               1999
                                                                                   ----               ----
                                                                                (UNAUDITED)         (UNAUDITED)


<S>                                                                       <C>                    <C>

CASH FLOWS FROM OPERATING ACTIVITIES:
 Net income (loss)                                                        $       (580,690)  $         118,952
 Adjustments to reconcile net income (loss) to
 cash flows from operating activities:
   Depreciation, depletion and amortization                                        120,535              79,761
   Minority interest in loss of subsidiary                                        (141,763)                  0
   Changes in operating assets and liabilities:
      Accounts receivable                                                           53,555              56,374
      Inventories                                                                    9,000              21,397
      Other current assets                                                          (8,835)            (24,160)
      Accounts payable                                                             (69,846)            (10,782)
      Accrued expenses                                                             (52,988)            (45,106)
                                                                                   -------             -------
         Cash flows from operating activities                                     (671,032)            196,436
                                                                                  --------             -------

CASH FLOWS FROM INVESTING ACTIVITIES:
 Advances on note receivable                                                      (180,000)                  0
 Proceeds from notes receivable - related parties                                        0               4,500
 Purchases of property and equipment                                               (85,287)              (3,101)
 Investments in unconsolidated corporations                                       (146,741)            (164,616)
                                                                                   --------            --------
         Cash flows from investing activities                                     (412,028)            (163,217)
                                                                                  --------            --------

CASH FLOWS FROM FINANCING ACTIVITIES:
 Decrease in line of credit                                                              0              (35,000)
 Payments on notes payable - related parties                                             0              (38,304)
 Payments on long-term debt                                                       (152,567)             (66,816)
 Payments on capital lease obligations                                              (5,282)              (5,530)
 Proceeds from long term debt                                                                            80,000
 Net proceeds from sale of common stock                                            798,025               33,695
 Proceeds from exercise of stock options and warra                                 118,767                    0
 Collection on stock subscriptions receivable                                       62,797               44,881
                                                                                     ------              ------
         Cash flows from financing activities                                      821,740               12,926
                                                                                    -------              ------

INCREASE (DECREASE) IN CASH AND CASH EQUIVALENS                                   (261,320)              46,145

CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD                                   1,026,036               72,220
                                                                                  ---------               ------

CASH AND CASH EQUIVALENTS, END OF PERIOD                                      $    764,716   $          118,365
                                                                              =============   =================

NONCASH INVESTING AND FINANCING ACTIVITIES:
 Debt converted to common stock                                                    282,076   $                0
 Issuance of common stock for Mail Call stock                              $     1,000,000   $                0

</TABLE>