| Business Summary | | VDC
Communications,
Inc.
is
a
facilities-based
global
telecommunications
company
that
offers
wholesale
and
retail
international
and
domestic
long
distance
services.
The
Company,
directly
and
through
its
subsidiaries,
owns
telecommunications
switching
and
ancillary
equipment,
leases
telecommunications
lines
and
interconnects
a
global
network
of
carriers
and
customers.
The
Company's
customers
include
residential
long
distance
end
users
and
long
distance
telephone
companies
that
resell
its
services
to
their
retail
customers
or
other
telecommunications
companies.
The
Company
currently
employs
digital
switching
and
transmission
technology,
and
Internet
Telephony,
or
Voice
over
Internet
Protocol
(VoIP)
gateway
technology.
Its
telecommunications
equipment,
currently
located
in
New
York
and
Los
Angeles,
comprises
its
operating
facilities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | VDC
Communications
is
a
facilities-based
international
telecommunications
company,
providing
domestic
and
international
carrier
services
to
retail
and
wholesale
customers.
For
the
nine
months
ended
3/31/01,
revenues
fell
34%
to
$4.3
million.
Net
loss
rose
from
$2
million
to
$7.6
million.
Revenues
reflect
limited
resource
committed
to
the
Wholesale
segment.
Higher
losses
also
reflect
higher
depreciation
expenses
and
the
impairment
of
goodwill
cost. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Anthony DeJesus | Chairman,
CFO, Sec., Treasurer | Ian Hughes | CEO |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|