| Business Summary | | NEON
Communications
Inc.,
formerly
NorthEast
Optic
Network,
Inc.,
owns
and
operates
a
fiber-optic
network
in
11
Northeastern
and
Mid-Atlantic
states,
including
the
District
of
Columbia.
The
Company
currently
has
a
continuous
fiber
link
from
Portland,
Maine,
to
Boston
and
on
to
New
York
City. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | NOPT
and
its
subsidiaries
are
engaged
in
the
ownership,
management,
operation
and
construction
of
fiber
optic
telecommunication
networks
in
New
England
and
New
York.
For
the
three
months
ended
3/31/01,
revenues
rose
from
$2.1
million
to
$5.4
million.
Net
loss
increased
64%
to
$14.4
million.
Revenues
benefitted
from
recurring
lease
services
and
growth
in
lit
services.
Higher
losses
reflect
increased
personnel,
advertising
and
infrastructure
expansion
costs. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
6,378;
after
tax
earnings
were
-12,052. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Stephen Courter, 46 Chairman,
CEO | $24K | -- | Victor Colantonio, 53 Vice
Chairman | 280K | $9.9M | William Fennell, 56 CFO,
VP-Fin., Treasurer | 163K | 3.0M | Michael Musen, 52 VP,
Operations | 132K | 3.1M | Kurt Van Wagenen, 37 VP,
Networking and Operations | -- | -- | 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
|
|