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  September 5, 2001
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Home > Company Index > Telecommunications > Miscellaneous End-User Communications Services > Davel Communications, Inc.

Davel Communications, Inc.
OTC: DAVL
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 PROFILE
Although the rapid growth of wireless communications is minting a lot of winners, Davel Communications isn't one of them. Acquisitions have made Davel one of the US's largest independent pay phone service providers -- but do people still use pay phones? Not enough people to prevent Davel from wincing under a threatening burden of debt and sharply declining sales. Against competition from huge Baby Bells and tiny cell phones, Davel perseveres with 65,000 pay phones nationwide, mostly at high-traffic sites such as convenience stores, shopping centers, and truck stops. It has been shutting down less-profitable phones. Davel will try to gain strength by merging with rival PhoneTel, which operates about 35,000 phones.

 COMPETITION
BellSouth Corporation (BLS)
SBC Communications Inc. (SBC)
Verizon Communications Inc. (VZ)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 126.30
1-Yr. Sales Growth: (28.2)%
Employees: 465
Revenue per employee: $271,612.90

 KEY PEOPLE
• Bruce W. Renard
    CEO
• Marc S. Bendesky
    CFO

 CONTACT INFO
10120 Windhorst Rd.
Tampa, FL 33619
US
Phone: 813-628-8000
Fax: 813-633-9373
Online: Web Site

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