| | Business Summary | | Teletouch
Communications,
Inc.
has
operated
two-way
mobile
communications
services
and
telemessaging
services
in
East
Texas
for
over
30
years.
Teletouch
provides
telecommunications
services
in
non-major
metropolitan
areas
and
communities.
Currently,
the
Company
provides
services
in
Alabama,
Arkansas,
Louisiana,
Mississippi,
Missouri,
Oklahoma,
Texas,
Tennessee
and
Florida,
and
has
67
sales
offices
in
those
states.
Through
inter-carrier
arrangements,
Teletouch
also
provides
nationwide
and
expanded
regional
coverage.
At
May
31,
2000,
the
Company
had
approximately
411,700
pagers
in
service,
as
compared
to
approximately
394,200
and
349,700
at
May
31,
1999
and
1998,
respectively. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Teletouch
Communications
provides
paging,
two-way
mobile
communications
services
and
telemessaging
services
in
AR,
LA,
MS,
MO,
AL,
OK,
TX,
TN
and
FL.
For
the
fiscal
year
ended
5/31/01,
revenues
fell
1%
to
$56.3
million.
Net
loss
applicable
to
Common
totaled
$50.1
million,
up
from
$9.7
million.
Revenues
reflect
decreased
sales
of
pagers
and
paging
services.
Higher
loss
also
reflects
a
$36.6
million
non-recurring
impairment
charge
related
to
the
carrying
costs
of
goodwill
and
FCC
licenses. Recent Earnings Announcement
For
the
3
months
ended
05/31/2001,
revenues
were
13,130;
after
tax
earnings
were
-39,612. (Preliminary; reported in thousands of dollars.) | | More
from
Market Guide: Significant
Developments |
| | Officers | | | FY2000 Pay | |
| Robert McMurrey, 54
Chairman | $215K | J. Richard Carlson, 38
CEO,
Chief Operating Officer, Director | 375K | J. Kernan Crotty, 56
Pres | 170K | | Dollar
amounts are as of 31-May-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/t/tll.gif)