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Home > Company Index > Telecommunications > Internet & Online Service Providers > FASTNET Corporation
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FASTNET Corporation |
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PROFILE |
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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 |
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BiznessOnline.com, Inc. (BIZZ)
PSINet Inc. (PSIXE)
Verio Inc. (dossier)
DEALS |
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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
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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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 |
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Stephen A. Hurly
CEO
Stanley F. Bielicki
CFO
CONTACT INFO |
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2 Courtney Place, Ste. 130
Bethlehem, PA 18017
US
Phone: 610-266-6700
Fax: 610-807-0902
Online: Web Site
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