| Business Summary | | Focal
Communications
Corporation
is
a
national
broadband
communications
provider
that
offers
voice,
data
and
Internet
infrastructure
services
to
large
communications-intensive
users
in
major
cities.
As
of
December
31,
2000,
the
Company
offered
service
in
a
total
of
20
markets,
which
encompass
a
total
of
49
metropolitan
statistical
areas
(MSAs),
and
plans
to
serve
24
markets,
or
56
MSAs,
by
the
end
of
2001.
As
of
December
31,
2000,
the
Company
had
435,272
lines
in
service.
In
September
2000,
the
Company
announced
the
launch
of
its
first
Focal
Internet
eXchange
platform
in
its
Chicago
market.
Its
Internet
eXchange
platforms
provide
high-speed,
managed
Internet
access,
colocation
and
private
peering
services
to
large
corporations,
value-added
resellers,
network
service
providers
and
content
and
application
service
providers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FCOM
is
a
national
broadband
communications
provider,
offering
data,
voice
and
Internet
infrastructure
services
to
large
corporations,
ISPs,
content
service
providers,
ASPs,
and
VARs.
For
the
six
months
ended
6/30/01,
revenues
rose
55%
to
$164
million.
Net
loss
rose
73%
to
$73
million.
Results
reflect
an
increased
number
of
lines
in
service
and
new
interconnection
agreements,
offset
by
increased
network
and
personnel
costs
and
higher
net
interest
expense. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Robert Taylor, Jr., 41 Director,
Pres and CEO | $372K | -- | Ronald Reising, 40 CFO | -- | -- | John Barnicle, 36 COO,
Exec. VP, Director | 350K | -- | Anthony Leggio, 43 Exec.
VP, Preisdent of Telecom Services Group | 308K | $1.1M | Michael Mael, 44 Exec.
VP | 6.3M | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|