The Industry Standard: Intelligence for the Information Economy

  September 5, 2001
  NEWS & ANALYSIS
   Headlines
   Money & Markets
   Tech & Telecom
   Media & Marketing
   Metrics & Stats
   Policy & Politics
  SEARCH
   
  advanced search
  SERVICES
   Company Index
   Newsletters
   Wireless
  PRINT EDITION
   Read the Magazine

Home > Company Index > Telecommunications > Internet & Online Service Providers > FASTNET Corporation

FASTNET Corporation
Nasdaq: FSST
Change
symbol:
     
 PROFILE
Swift and stable are both synonymous with "fast," and both are goals of FASTNET. The ISP targets small and midsized businesses in the US mid-Atlantic region. FASTNET provides Internet access to about 20,000 customers and provides Web hosting services to 7, 800 customers. The company's network is supported by redundant access to at least two Internet backbone providers (including Sprint and Worldcom). FASTNET plans to focus on markets in Pennsylvania, New Jersey, and New York. The company has acquired Cybertech Wireless, a wireless broadband provider based in Rochester, New York. An affiliate of investment bank Chase H&Q owns 25% of FASTNET. Co-founders David Van Allen and Sonny Hunt own 18% and 17%, respectively.

 COMPETITION
BiznessOnline.com, Inc. (BIZZ)
PSINet Inc. (PSIXE)
Verio Inc. (dossier)

 DEALS
Deal: Fastnet to Acquire Cybertech Wireless
Date Announced: 03.01.01
Value of transaction (US $Mil): 0
Description: Web hosting and colocation firm enters agreement to purchase Rochester, N.Y.-based wireless broadband ISP.

Search all deals for this company

 STOCK ANALYSIS
 View by:
 Day 
 Day 
 Month 
 Month 
 Year 
 Year 
FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 12.70
1-Yr. Sales Growth: 51.2%
Employees: 123
Revenue per employee: $103,252.03

 KEY PEOPLE
• Stephen A. Hurly
    CEO
• Stanley F. Bielicki
    CFO

 CONTACT INFO
2 Courtney Place, Ste. 130
Bethlehem, PA 18017
US
Phone: 610-266-6700
Fax: 610-807-0902
Online: Web Site

Company Data   News, quotes & more       

Hoovers Online   Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.


ADVERTISEMENT
FEATURED LINKS
Home |  Customer Service |  About Us
Australia |  Brazil |  China |  Korea |  Norway |  Poland |  Sweden |  Taiwan

Copyright ©2001 Standard Media International. Privacy Policy
Stock data provided by Stockpoint and its data suppliers. Copyright © 1995-2001