| Business Summary | | DTVN
Holdings,
Inc.
is
a
wholesale
provider
of
voice
and
data
services
over
a
"next-generation"
packet-switched
network.
As
of
December
31,
2000,
the
Company
was
providing
services
to
several
domestic
carriers
and
generating
revenue
in
13
cities.
Through
its
network,
the
Company
transports
a
large
volume
of
toll-quality
voice
and
data
services.
The
Company's
customers
interconnect
with
its
network
by
connecting
dedicated
facilities
to
gateways
located
in
one
of
its
POP's
(point
of
presence),
the
entrance
point
for
communications
traffic
over
its
network.
On
June
9,
2000,
the
Company
and
its
wholly
owned
subsidiary,
DVN
Acquisition
Corporation,
and
DataVoN
Inc.
completed
the
transactions
contemplated
by
a
merger
agreement,
pursuant
to
which
DataVoN
became
a
wholly
owned
subsidiary
of
the
Company.
As
a
result
of
the
merger,
the
Company
is
now
organized
along
two
lines
of
businesses,
DataVoN
and
Zydeco
Exploration,
Inc. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | DTVN
Holdings,
Inc.
is
a
wholesale
provider
of
voice
and
data
services
using
Internet
Protocol
(IP).
The
Company
currently
operates
in
14
markets.
For
the
three
months
ended
3/31/01,
total
revenues
increased
47%
to
$3.7
million.
Net
loss
totaled
$1.3
million
vs.
an
income
of
$332
thousand.
Revenues
reflect
an
increase
in
the
amount
of
traffic
carried
over
the
Company's
network.
Net
loss
reflects
the
inclusion
of
$1.3
million
in
amortization
of
goodwill
expenses. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
5,460;
after
tax
earnings
were
-1,670. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Hugh Simpson, 42 Chairman,
Pres, CEO | $205K | Philip O'Reilly CFO,
Director | -- | James Holden, 47 COO | -- | Steve Weigman, 38 Sr.
VP-Fin. | -- | Rodney Jones, 37 Sr.
VP of Sales and Marketing | -- | 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.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|