| Business Summary | | NorthPoint
Communications
Group,
Inc.,
a
provider
of
DSL
services,
is
building
a
global
network
designed
to
deliver
affordable,
dedicated
high-speed
Internet
access,
streaming
content
and
other
value-added
services
to
consumers
and
businesses
around
the
world.
The
Company
currently
operates
DSL-based
local
networks
in
109
U.S.
metropolitan
statistical
areas
(MSAs).
NorthPoint
is
also
expanding
its
services
around
the
globe
through
strategic
partnerships
with
Versatel
in
Europe
and
Call-Net
in
Canada.
The
Company's
networks
use
DSL
technology
to
enable
data
transport
over
telephone
company
copper
lines
at
speeds
up
to
25
times
faster
than
common
dial-up
modems.
The
Company
markets
its
network
and
data
transport
services
to
Internet
service
providers,
long-distance
and
local
telephone
companies
and
network
service
providers.
In
January
2001,
the
Company
filed
a
petition
for
Chapter
11
protection
with
the
U.S.
Bankruptcy
Court
for
the
Northern
District
of
California
in
San
Francisco. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | NPNTQ
is
a
national,
facilities
based
provider
of
high
speed,
local
data
network
services.
NPNTQ's
networks
use
digital
subscriber
line,
or
DSL,
technology
to
transport
data
at
guaranteed
speeds
up
to
25
times
faster
than
common
dial-up
modems.
For
the
nine
months
ended
9/00,
revenues
totaled
$68.3
million,
up
from
$9.5
million.
Net
loss
applicable
to
Common
totaled
$329.3
million,
up
from
$107.7
million.
Results
reflect
an
expansion
of
the
end
user
base
and
expenses
related
to
the
expansion. | More
from
Market Guide: Significant
Developments |
| | | | FY1999
Compensation | | Pay | Exer | |
| Michael Malaga, 35 Chairman | $371K | -- | Elizabeth Fetter, 41 Pres,
CEO, Director | 496K | $5.1M | Michael Glinsky, 55 Exec.
VP, CFO | -- | -- | Michael Makieve COO | -- | -- | Steven Gorosh, 42 Exec.
VP, Gen. Counsel, Sec. | -- | -- | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|