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  September 5, 2001
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Home > Company Index > Telecommunications > Internet & Online Service Providers > SAVVIS Communications Corporation

SAVVIS Communications Corporation
Nasdaq: SVVS
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 NEWS FROM THE WIRES
Savvis second-quarter loss widens, sees savings
Aug 13 2001 05:09 AM PDT

More WIRE STORIES about this company

 NEWS FROM THE STANDARD
Nortel Buys Sonoma to Boost Web Services
Aug 15 2000 12:47 PM PDT

 PROFILE
SAVVIS Communications serves up a better Internet. With a network spanning more than 120 major cities in 46 countries, the company provides access, data transport, and related network services to some 2,550 medium and large businesses and ISPs. Customers connect to the SAVVIS ProActive Network using ATM (asynchronous transfer mode), IP (Internet protocol), and frame relay technologies. SAVVIS leases lines from major carriers to connect its switches and routers, and it uses PrivateNAPs (private network access points) that allow its traffic to bypass public Internet access points. Through Bridge Information Systems, which owns about 48% of SAVVIS, the company also serves 4,700 financial institutions (80% of sales).

 COMPETITION
Equant (ENT)
UUNET (dossier)

 DEALS
Deal: Savvis and NorthPoint Set Communications Alliance
Date Announced: 03.15.99
Value of transaction (US $Mil): 0
Description: ISP teams with telco to provide DSL service in 12 major American cities.

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 TRACKERS
Jul. 09, 2001 - LAYOFF TRACKER
50 laid off
Description: Layoffs represent 15% of its staff.

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 STOCK ANALYSIS
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FURTHER ANALYSIS
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• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 186.30
1-Yr. Sales Growth: 907.0%
Employees: 589
Revenue per employee: $316,298.81

 KEY PEOPLE
• Robert A. McCormick
    CEO
• David J. Frear
    CFO

 CONTACT INFO
12851 Worldgate Dr.
Herndon, VA 20170
US
Phone: 703-234-8000
Fax: 703-234-8150
Online: Web Site

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