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  September 5, 2001
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Home > Company Index > Telecommunications > Internet & Online Service Providers > Ardent Communications, Inc.

Ardent Communications, Inc.
Nasdaq: ARDT
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 NEWS FROM THE STANDARD
Room Service Providers
Apr 16 2001 12:00 AM PDT

 PROFILE
Ardent Communications (formerly CAIS Internet) offers a twist on traditional room service. The company provides Internet access to apartments and hotels as well as services such as Web hosting and colocation. Ardent Communications, which has 17,000 customers, has connections in about 100,000 apartments and 120,000 hotel rooms but has decided to shift its focus away from multi-tenant dwellings. It plans to use its Tier 1 network, which has nearly 30 points of presence (POPs), to expand its traditional ISP services to business and residential users in the US. Microsoft has taken a 7% stake in Ardent Communications.

 COMPETITION
Broadwing Inc. (BRW)
LodgeNet Entertainment Corporation (LNET)
UUNET (dossier)

 DEALS
Deal: CAIS Internet Gets Bridge Financing
Date Announced: 07.09.01
Value of transaction (US $Mil): 19.5
Description: Broadband business and hotel connection service receives bridge loan.

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 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 32.00
1-Yr. Sales Growth: 196.3%
Employees: 650
Revenue per employee: $49,230.77

 KEY PEOPLE
• Michael Lee
    CEO
• Andrew Hines
    CFO

 CONTACT INFO
1255 22nd St. NW
Washington, DC 20037
US
Phone: 202-715-1300
Fax: 202-463-7190
Online: Web Site

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