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Home > Company Index > Telecommunications > Switching & Transmission Equipment > Telect, Inc.

Telect, Inc.
 NEWS FROM THE STANDARD
IPO Weekly: Investors Cozy Up to KPMG Consulting
Feb 09 2001 04:18 PM PST

 PROFILE
Telect has the hook ups that enable hang ups. The company makes network connectivity and power distribution hardware for telecommunications service providers. Local telephone, long-distance, and wireless carriers use Telect's mainframe termination units, patch bays, fuse bays, and circuit panels. Telect also sells copper wire and fiber-optic cables. The company sells directly, through resellers, and through agreements with other telecom equipment makers, primarily in the US. Distributors include ALLTEL, Graybar, Sprint, and Verizon. Chairman Bill Williams and his wife, vice chairman Judith Williams, founded Telect in 1982. The Williams and their son, CEO and president Wayne, own about 70% of the company.

 COMPETITION
ADC Telecommunications, Inc. (ADCT)
Corning Incorporated (GLW)
Lucent Technologies Inc. (LU)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 265.00
1-Yr. Sales Growth: 57.5%
Employees: 906
Revenue per employee: $292,494.48

 KEY PEOPLE
• Wayne E. Williams
    CEO
• Stanley E. Hilbert
    CFO

 CONTACT INFO
2111 N. Molter Rd.
Liberty Lake, WA 99019
US
Phone: 509-926-6000
Fax: 509-926-8915
Online: Web Site

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