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Home > Company Index > Telecommunications > Internet & Online Service Providers > PSINet Inc.
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PSINet Inc. |
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NEWS FROM THE STANDARD |
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Covad Files for Chapter 11
Aug 16 2001 09:51 AM PDT
Rhythms to End Service, Fire 700
Aug 10 2001 01:18 PM PDT
At Least There Was Lobster
Jul 30 2001 12:00 AM PDT
Tunnel Burns, Internet Melts
Jul 20 2001 08:27 AM PDT
Has the Net Stopped Growing?
Jun 26 2001 07:33 AM PDT
PROFILE |
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The business of PSINet is hooking businesses up to the Internet: Its offerings include Internet access, colocation, Web hosting, and e-commerce support. A voracious appetite for acquisitions has enabled PSINet to assemble a facilities-based network that serves more than 25 countries. But sales have been disappointing and debt has mounted, leaving the company to declare bankruptcy and consider the sale of some or all of its assets. It has spun off its overseas consumer ISP operations (Inter.net) and sold PSINet Transaction Solutions, which operates networks used in credit card transactions. PSINet also is selling off businesses in Canada and in Latin America.
COMPETITION |
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AT&T Corp. (T)
Genuity Inc. (GENU)
WorldCom, Inc. (dossier)
DEALS |
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Deal: PSINet Sells Chilean Division
Date Announced: 06.14.01
Value of transaction (US $Mil): Not Disclosed
Description: Bankrupt Internet services company sells Chilean operation to investment group.
> Search all deals for this company
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 995.50
1-Yr. Sales Growth: 79.5%
Employees: 5,000
Revenue per employee: $199,100.00
KEY PEOPLE |
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Harry G. Hobbs
CEO
Lawrence E. Hyatt
CFO
CONTACT INFO |
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44983 Knoll Square
Ashburn, VA 20147
US
Phone: 703-726-4100
Fax: 703-726-4200
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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