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Home > Company Index > Telecommunications > Internet & Online Service Providers > WorldGate Communications, Inc.

WorldGate Communications, Inc.
Nasdaq: WGAT
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 NEWS FROM THE STANDARD
Do Ya Feel Lucky?
Jun 15 1999 12:00 AM PDT

Source Media Soars - But Why?
Jul 21 1998 12:00 AM PDT

 PROFILE
WorldGate Communications is putting the interactive into real-time interactive cable TV. The company's services include Internet access and enhanced viewing services such as channel hyperlinking, which lets subscribers connect directly to the Web site of a TV show or commercial. WorldGate provides its services through some 60 cable TV systems in 13 countries. Customers include several leading US cable operators. WorldGate also manages TVGateway, a joint venture with Adelphia, Charter, Comcast, and Cox, which is developing interactive programming and advertising for digital cable. In a cost-cutting move, the company laid off 20% of its workforce in 2001. CEO Hal Krisbergh owns 25% of WorldGate.

 COMPETITION
Gemstar-TV Guide International, Inc. (GMST)
OpenTV Corp. (OPTV)
WebTV Networks, Inc. (dossier)

 DEALS
Deal: WorldGate Acquires Digital Video Art
Date Announced: 05.01.00
Value of transaction (US $Mil): 0
Description: Cable-TV-based ISP acquires interactive-TV software company.

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 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 19.20
1-Yr. Sales Growth: 242.9%
Employees: 300
Revenue per employee: $64,000.00

 KEY PEOPLE
• Hal M. Krisbergh
    CEO
• James V. Agnello
    CFO

 CONTACT INFO
3190 Tremont Ave., Ste. 100
Trevose, PA 19020
US
Phone: 215-354-5100
Fax: 215-354-1040
Online: Web Site

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