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Home > Company Index > Telecommunications > Miscellaneous Services to Communication Providers > Lexent Inc.

Lexent Inc.
Nasdaq: LXNT
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 PROFILE
Lexent is riding the wave of telecommunications deregulation across the US. The company designs, engineers, and deploys local access networks for upstart CLECs (competitive local-exchange carriers) and ISPs, as well as industry leaders such as AT&T and WorldCom. Level 3 Communications accounts for 25% of the company's total revenues. It also connects its customers' networks with end users and other local and long-distance networks. The company installs and provides maintenance for fiber-optic backbones, fixed wireless systems, and DSL (digital subscriber line) equipment. Brothers Hugh and Kevin O'Kane (chairman and CEO, respectively) formed Lexent in 1998 and together own 57% of the company.

 COMPETITION
ADC Telecommunications, Inc. (ADCT)
Dycom Industries, Inc. (DY)
MasTec, Inc. (MTZ)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 296.00
1-Yr. Sales Growth: 96.2%
Employees: 1,357
Revenue per employee: $218,128.22

 KEY PEOPLE
• Kevin M. O'Kane
    CEO
• Jonathan H. Stern
    CFO

 CONTACT INFO
3 New York Plaza
New York, NY 10004
US
Phone: 212-981-0700
Fax: 212-981-2491
Online: Web Site

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