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  September 5, 2001
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Home > Company Index > Telecommunications > Miscellaneous Services to Communication Providers > VDC Communications, Inc.

VDC Communications, Inc.
OTC: VDCI
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 NEWS FROM THE WIRES
India's BPL reviewing plans for VSNL
Aug 16 2001 04:39 AM PDT

India's BPL reviewing plans for VSNL
Aug 16 2001 04:39 AM PDT

India's Videocon opts out of race for VSNL
Jul 31 2001 11:55 PM PDT

ANALYSIS-India's VSNL selloff seen hit by bidder's exit
Jul 25 2001 04:48 AM PDT

More WIRE STORIES about this company

 PROFILE
VDC Communications is struggling to find its niche. After dumping its mineral resources and real estate businesses, the former mining company now provides domestic and international long distance services to retail customers. Heavy debt and losses have forced the company to reorganize its operations. It has discontinued its wholesale long distance operations and cut back on its retail operations and staff by nearly 50%. VDC maintains switching facilities in New York, but plans to close its Los Angeles facility as part of its reorganization. The company's financial woes also prompted the resignation of former CEO Frederick Moran his son, former CFO Clayton Moran, who together still own 24% of VDC Communications.

 COMPETITION
AT&T Corp. (T)
Sprint FON Group (FON)
WorldCom, Inc. (dossier)

 DEALS
Deal: VDC CEO Invests $1 Million in Company
Date Announced: 04.27.00
Value of transaction (US $Mil): 1
Description: Chairman of Internet telephony company invests $1 million, gets 540,000 company stock shares.

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 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 8.50
1-Yr. Sales Growth: 157.6%
Employees: 251
Revenue per employee: $33,864.54

 KEY PEOPLE
• Ian Hughes
    CEO
• Anthony DeJesus
    CFO

 CONTACT INFO
75 Holly Hill Ln.
Greenwich, CT 06830
US
Phone: 203-869-5100
Fax: 203-552-0908
Online: Web Site

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