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Home > Company Index > Telecommunications > Internet & Online Service Providers > Rhythms NetConnections Inc.
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Rhythms NetConnections Inc. |
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NEWS FROM THE STANDARD |
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Covad Plans to File for Chapter 11 Bankruptcy
Aug 15 2001 12:12 PM PDT
Rhythms to End Service, Fire 700
Aug 10 2001 01:18 PM PDT
Music Ends for Rhythms
Aug 10 2001 12:10 PM PDT
Broken Rhythms: DSL Provider Files Chapter 11
Aug 02 2001 05:21 PM PDT
Layoffs, Losses and Closures Continue in Telecom Sector
Aug 02 2001 12:00 PM PDT
PROFILE |
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Trying not to miss a beat, Rhythms NetConnections provides Internet access and remote network connections using high-speed digital subscriber line (DSL) technology. The company has installed DSL equipment on 67,000 phone lines in some 60 US markets, including Chicago, New York, and San Francisco; its customers include large corporation, telecommunications carriers, and Internet service providers. Through joint ventures Rhythms also offers service in Canada and Japan. The company has been hurt by the inability of some customers to pay their bills, however, and it is exploring options that include the sale of some or all of its assets. WorldCom and Microsoft own minority stakes in Rhythms.
COMPETITION |
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AT&T Corp. (T)
Covad Communications Group, Inc. (COVD)
At Home Corporation (ATHM)
DEALS |
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Deal: Rhythms NetConnections Teams with Firetap
Date Announced: 10.18.00
Value of transaction (US $Mil): 0
Description: DSL provider will offer services to real-estate software firm's clients.
> Search all deals for this company
TRACKERS |
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May 09, 2001 - LAYOFF TRACKER
450 laid off
Description: Focusing on its top 40 markets during the remainder of 2001.
Jan. 16, 2001 - LAYOFF TRACKER
450 laid off
Description: Layoffs will result in "productivity improvements" with its installation services, according to a company press release. Cuts represent 23% of its full-time workforce.
> More LAYOFF NEWS
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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.): 46.10
1-Yr. Sales Growth: 315.3%
Employees: 2,000
Revenue per employee: $23,050.00
KEY PEOPLE |
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Steve Stringer
CEO
John Braukman
CFO
CONTACT INFO |
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9100 East Mineral Circle
Englewood, CO 80112
US
Phone: 303-476-2000
Fax: 303-476-4201
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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