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

PhoneTel Technologies, Inc.
OTC: PHTE
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 PROFILE
PhoneTel Technologies hasn't seen the kind of change it prefers. The company collects coins from the 35,000 public pay phones that it operates, but the change it has experienced has included a stock delisting, default on loans, and bankruptcy. As growth in mobile phone use decimates the pay phone industry, PhoneTel has reorganized, and it continues to operate its phones on a revenue-sharing basis at such locations as convenience stores, shopping malls, grocery stores, restaurants, and bus stations throughout the US. The company has announced plans to merge with rival Davel Communications, which operates 65,000 pay phones. American Express Financial Corporation owns 33% of PhoneTel.

 COMPETITION
AT&T Corp. (T)
ChoiceTel Communications, Inc. (PHON)
Davel Communications, Inc. (DAVL)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 58.80
1-Yr. Sales Growth: (24.2)%
Employees: 313
Revenue per employee: $187,859.42

 KEY PEOPLE
• John D. Chichester
    CEO
• Richard P. Kebert
    CFO

 CONTACT INFO
North Point Tower, 7th Fl.; 1001 Lakeside Ave.
Cleveland, OH 44114
US
Phone: 216-241-2555
Fax: 216-875-4349
Online: Web Site

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