| Business Summary | | TCOM
Ventures
Corporation
is
an
emerging
integrated
communications
provider
(ICP)
offering
a
full
spectrum
of
high-speed,
high-bandwidth
telecommunications
services
and
broadband
content
to
small
to
medium-sized
businesses
and
consumers
in
secondary
and
tertiary
markets.
TCOM
plans
to
offer
local
Internet
and
fixed
wireless
broadband
services
via
a
private,
national
Internet
protocol
network
that
it
will
manage
on
an
end-to-end
basis.
TCOM
engages
in
the
deployment
of
wireless
broadband
and
the
consolidation
of
traditional
ISPs
and
competitive
local
exchange
carriers
(CLECs)
with
a
highly
developed
ASP/content-driven
revenue
model.
In
June,
the
Company
reorganized
into
a
holding
company
form
of
organizational
structure.
The
holding
company
structure
was
created
to
broaden
TCOM's
alternatives
for
future
financing.
The
new
parent
company
owns
100%
of
Telecom
Wireless. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | TCOM
Ventures,
a
holding
Company,
is
an
Internet
communications
company
which
intends
to
capitalize
on
the
convergence
of
video,
voice
and
data
communications
on
the
internet.
For
the
nine
months
ended
3/31/00,
revenues
rose
42%
to
$565
thousand.
Net
loss
totalled
$18.2
million,
up
from
$459
thousand.
Revenues
reflect
improved
marketing
effort
and
additional
America's
Web
sales.
Loss
reflects
higher
interest
expense,
depreciation
and
stock-based
compensation
charges. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | James Roberts | Chairman | Calvin Smiley | CEO,
Pres | Robert Fredrick | Sr.
VP | Stephen Guyer | VP,
Controller |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|