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Home > Company Index > Telecommunications > Long Distance Carriers > VarTec Telecom, Inc.
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VarTec Telecom, Inc. |
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PROFILE |
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Actors and comedians employed promoting 10-10 calling plans can thank VarTec Telecom, a leading provider of "dial-around" long-distance service, which helped pioneer the calling method. VarTec provides residential and business calling plans, as well as Internet access and 800-number service. The company was founded in 1989 by president Joe Mitchell and his wife, EVP Connie Mitchell, along with EVP Ray Atkinson. Holding company Telephone Electronics Corp. owns a majority stake in VarTec, which has agreed to merge with business telecom services reseller Lightyear Communications and has entered into merger talks with Dallas-based long-distance retailer Excel Communications.
COMPETITION |
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AT&T Corp. (T)
Sprint FON Group (FON)
WorldCom, Inc. (dossier)
DEALS |
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Deal: Lightyear Communications Merges With VarTec Telecom
Date Announced: 02.09.01
Value of transaction (US $Mil): 0
Description: Telecom provider merges with peer for an undisclosed amount.
> Search all deals for this company
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 1,020.00
1-Yr. Sales Growth: 6.4%
Employees: 2,238
Revenue per employee: $455,764.08
KEY PEOPLE |
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Sherman Henderson
CEO
Gary Egger
CFO
CONTACT INFO |
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1600 Viceroy Dr.
Dallas, TX 75235
US
Phone: 214-424-1000
Fax: 214-424-1555
Online: Web Site
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Copyright © 2001, Hoover's Inc. Austin, Texas.
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