| Business Summary | | Global
TeleSystems
Group,
Inc.
(GTS)
provides
broadband
services
to
traditional
carriers,
Internet
service
providers,
application
service
providers,
other
Web-centric
entities
and
data-intensive
pan-European
corporations.
This
focus
is
the
result
of
a
restructuring
announced
in
November
2000.
The
objective
of
the
restructuring
is
to
position
the
Company
as
a
data
and
Internet
services-only
provider.
As
part
of
the
restructuring,
the
Company
reorganized
into
four
stand-alone
business
units:
GTS
Broadband
Services
(which
was
rebranded
Ebone
in
January
2001);
GTS
Business
Services;
GTS
Central
Europe;
and
Golden
Telecom,
Inc.
(Golden
Telecom),
and
announced
that
it
intended
to
sell
the
portion
of
its
Business
Services
focused
on
serving
small
to
medium-sized
enterprises
(SMEs)
and
providing
voice
and
voice-based
services.
The
Business
Services
units
are
primarily
comprised
of
the
Company's
wholly
owned
subsidiary,
Global
TeleSystems
(Europe)
Limited,
formerly
Esprit
Telecom
Group
plc. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | GTLS
provides
broadband
services
to
traditional
carriers,
ISPs,
application
service
providers,
other
Web-centric
entities
and
data-intensive
pan-European
corporations.
For
the
comparable
six
months
ended
6/30/01,
revenues
rose
5%
to
EUR238.2
million.
Net
loss
applicable
to
Common
from
continuing
operations
before
extraordinary
item
rose
from
EUR90.2
million
to
EUR394.9
million.
Revenues
reflect
an
increase
in
customer
traffic.
Higher
loss
reflects
a
EUR119.6
million
restructuring
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Robert Amman, 61 Chairman,
CEO | $531K | Duncan Lewis Pres,
COO | -- | Alan Slifka, 70 Vice
Chairman | -- | Gerald Thames, 53 Vice
Chairman | -- | Hans Kohlhammer, 53 Pres
of GTS Bus. Services- Western Europe | 558K | Dollar amounts are as of 31-Dec-1999 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
|
|