| Business Summary | | Avery
Communications,
Inc.
is
a
telecommunications
service
company
which,
through
its
operating
subsidiary,
HBS
Billing
Services
Company,
is
engaged
in
providing
billing
and
collection
services
for
inter-exchange
carriers
and
long-distance
resellers.
HBS
Billing
Services
is
a
third-party
billing
clearinghouse
for
the
telecommunications
industry.
Customers
consist
primarily
of
direct
dial
long
distance
telephone
companies.
HBS
Billing
Services
maintains
billing
arrangements
with
approximately
1,300
telephone
companies
that
provide
access
lines
to,
and
collect
for
services
from,
end-users
of
telecommunication
services.
HBS
Billing
Services
processes
transaction
records
and
collects
the
related
end-user
charges
from
these
telephone
companies
for
its
customers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ATEX
is
a
telecommunications
service
company
that,
through
its
operating
subsidiary,
is
engaged
in
providing
billing
and
collection
services
for
inter-exchange
carriers
and
long-distance
resellers.
For
the
six
months
ended
6/30/01,
revenues
fell
7%
to
$16.6
million.
Net
income
from
continuing
operations
applicable
to
Common
fell
36%
to
$845
thousand.
Results
reflect
a
decrease
in
call
records
billed,
and
$88
thousand
in
option
buyback
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Patrick Haynes III, 51 Chairman,
Pres, CEO | $337K | Stephen Brown, 61 Vice
Chairman | -- | Scot McCormick, 46 VP,
CFO and Sec. | 192K | 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.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|