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Home > Company Index > Telecommunications > Internet & Online Service Providers > Allied Riser Communications Corporation

Allied Riser Communications Corporation
Nasdaq: ARCC
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 NEWS FROM THE WIRES
Allied Riser to delay Q2 earnings report, take charge
Aug 02 2001 02:38 PM PDT

Allied Riser cut 75 pct of staff, suspends sales
Jul 24 2001 01:19 PM PDT

More WIRE STORIES about this company

 PROFILE
Allied Riser Communications (ARC) has seen its fortunes fall with the slump in the telecom industry. The company installs fiber-optic networks in office buildings at no charge to the owners and delivers broadband Internet, video, and voice services to the tenants (small and midsized businesses). It has wired about 900 buildings. Demand for data services hasn't met expectations, however, and ARC is exiting the retail telecom services business. Instead, the company plans to sell capacity on its in-building networks to other telecom companies. Job cuts announced in 2001 will trim the company's workforce by more than 80%.

 COMPETITION
ACS Dataline, LP (dossier)
Cypress Communications, Inc. (CYCO)

 DEALS
Deal: Qwest Partners With ARC
Date Announced: 01.18.00
Value of transaction (US $Mil): 13
Description: Fiber-optic networking firm enters three-year, $13 million partnership with broadband services firm in reseller agreement.

 TRACKERS
May 21, 2001 - LAYOFF TRACKER
117 laid off
Description: Would not specify how many of these positions were due to attrition. Layoffs represent 23% of the staff.

More LAYOFF NEWS

 STOCK ANALYSIS
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FURTHER ANALYSIS
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• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 14.30
1-Yr. Sales Growth: 652.6%
Employees: 540
Revenue per employee: $26,481.48

 KEY PEOPLE
• Gerald Dinsmore
    CEO
• Quentin E. Bredeweg
    CFO

 CONTACT INFO
1700 Pacific Ave., Ste. 400
Dallas, TX 75201
US
Phone: 214-210-3000
Fax: 214-210-3001
Online: Web Site

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