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Home > Company Index > Telecommunications > Local Telecom & Private Transmission Services > Mpower Holding Corporation
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Mpower Holding Corporation |
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NEWS FROM THE WIRES |
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Mpower taps Rothschild to assist in lawsuit Aug 23 2001 01:50 PM PDT
ANALYSIS-Telecoms deal with debt by just getting rid of it Aug 10 2001 01:08 PM PDT
Mpower posts second-quarter loss Aug 09 2001 04:50 AM PDT
Bondholder sues Mpower, tests new legal ground Aug 02 2001 01:30 PM PDT
Creditor Fir Tree files suit against Mpower-- lawyers Aug 01 2001 06:46 PM PDT
> More WIRE STORIES about this company
NEWS FROM THE STANDARD |
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Telecom Bondholders Get Pushy
Aug 03 2001 01:42 PM PDT
Mpower to Cut 13% of Workforce, Shut Down Operations in 12 Markets
May 18 2001 09:39 AM PDT
PROFILE |
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Mpower Holding, through its Mpower Communications unit, would like to be a powerful force in local telecom services markets in the US. The facilities-based CLEC (competitive local-exchange carrier) provides local and long-distance phone service and Internet access to small and medium-size business customers. It specializes in providing DSL (digital subscriber line) service and was an early adopter of voice-over-DSL as an alternative to T1 lines. But like other CLECs, Mpower faces tough competition, and in 2001 it announced plans to exit several markets and to cut more than 10% of its workforce. That year Mpower Communications adopted a holding company structure and became Mpower Holding.
COMPETITION |
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BellSouth Corporation (BLS)
SBC Communications Inc. (SBC)
Verizon Communications Inc. (VZ)
DEALS |
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Deal: Guardian, mPower Partner for Online Offering
Date Announced: 05.17.01
Value of transaction (US $Mil): Not Disclosed
Description: Mutual life insurance company and online investment advisory service team up to offer clients Web-based information.
> Search all deals for this company
TRACKERS |
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May 18, 2001 - LAYOFF TRACKER
275 laid off
Description: Shutting down operations in 12 markets, including Milwaukee, San Jose, Calif., and St. Louis. Layoffs represent 13% of its total staff.
> 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.): 146.90
1-Yr. Sales Growth: 166.6%
Employees: 2,100
Revenue per employee: $69,952.38
KEY PEOPLE |
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Rolla P. Huff
CEO
Michael R. Daley
CFO
CONTACT INFO |
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175 Sully's Trail, Ste. 300
Pittsford, NY 14534
US
Phone: 716-218-6550
Fax: 716-218-0881
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
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