Hi newbie27,
As my colleagues said you have first to check whether both machines can ping each other. If not, then you have to adjust the network adapter settings in both virtual machines. Make the network setting to be the same on both. Use Bridge / Nat if you want to share the connection from the host machine or (recommended) to create local network (isolated from the host) for those two virtual machines.
For FTP and telnet thing, you have to enable them on the machine in order to be able to use them. Telnet can be enable from Control Panel > Administrative Tools > Services> TELNET. Right click Telnet and go to properties, then change the startup type to automatic and start the service. This should be done on the machine that you want to access
FTP needs to be installed from Add Remove Program > Add windows components > click Internet Information Service (IIS) and click Details; Then Tick (select) FTP service and go to next > Next until you instal this service. Make sure that this service is running after installation is done by going to Services (similar to telnet above) and confirm that it is started.