| | Business Summary | | Equalnet
Communications
Corp.,
previously
known
as
Equalnet
Holding
Corp.,
is
a
holding
company
comprised
of
three
wholly
owned
operating
subsidiaries,
Equalnet
Corporation,
a
long-
distance
telephone
company
providing
services
to
generally
small
commercial
and
residential
accounts
nationwide,
USC
Telecom,
Inc.,
a
long-distance
company
formed
in
the
first
quarter
of
fiscal
year
1999,
and
Netco
Acquisition
Corp.,
the
owner
of
nine
telecommunications
switches
located
in
major
cities
in
the
United
States. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Equalnet
Communications
is
a
holding
Co.
with
three
wholly-owned
subsidiaries:
EqualNet
Corp.
a
long
distance
telephone
company;
Netco
which
owns
nine
telecommunications
swithches;
and
USC
Telecom.
For
the
nine
months
ended
3/31/00,
revenues
fell
14%
to
$21.9
million.
Net
loss
applicable
to
Common
fell
63%
to
$8.5
million.
Revenues
reflect
declined
per
minute
long
distance
charges.
Lower
loss
reflects
the
decrease
in
the
fixed
costs
of
the
Co.'s
network
of
switches. | | More
from
Market Guide: Significant
Developments |
| | Officers | | | FY1999 Pay | |
| Mark Willis, 31
Chairman | -- | Mitchell Bodian, 48
Pres,
CEO | $205K | Michael Gallagher, 32
CFO | -- | William Rhodes, Jr., 51
COO | -- | | Dollar
amounts are as of 30-June-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/e/enet.ob.gif)