| Business Summary | | UStel,
Inc.
provides
long
distance
telecommunications
services,
consisting
primarily
of
direct
dial
long
distance
telephone
transmissions
to
small
and
medium-sized
commercial
and
larger
residential
customers
throughout
the
United
States.
UStel
offers
a
variety
of
service
options,
including
1+
dialing,
800
service,
calling
cards,
operator
services,
private
line
networks
and
data
transmission.
The
Company
also
offers
discount
cellular
and
paging
services
to
commercial
and
residential
customers.
UStel
is
primarily
a
non-facilities-based
interexchange
carrier
that
routes
its
customers'
calls
over
a
transmission
network
consisting
primarily
of
long
distance
lines
secured
by
the
Company
from
a
variety
of
other
carriers.
A
Voluntary
Petition
for
Bankruptcy
under
Chapter
11
of
the
United
States
Bankruptcy
Code
was
filed
by
UStel
in
the
United
States
Bankruptcy
Court,
Western
District
of
Washington
on
March
10,
1999. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | UStel
Inc.
provides
long
distance
telecommunications
services,
consisting
primarily
of
direct
dial
long
distance
telephone
transmissions,
to
commercial
customers
throughout
the
U.S.
For
the
nine
months
ended
9/30/98,
revenues
rose
35%
to
$24.5
million.
Net
loss
applicable
to
Common
rose
from
$4.2
million
to
$8.9
million.
Results
reflect
increased
customer
base
from
18,000
to
35,000,
offset
by
higher
general
and
administrative
costs
due
to
the
addition
of
Consortium
2000
and
Pacific
Cellular. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1997 Pay | |
| Robert Diener, 49 Chairman
and CEO | $200K | Jerry Dackerman, 47 Pres,
COO | 180K | Wouter Van Biene, 48 Exec.
VP, Sec. | 140K | Edmund King, Jr., 34 VP
and CFO | 73K | Abe Sher, 36 VP
and Gen. Counsel | -- | Dollar amounts are as of 31-Dec-1997 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
|
|