| Business Summary | | PrimaCom
AG
has
primarily
owned
and
operated
and
acquired
cable
television
networks
in
Germany
since
its
inception.
On
September
18,
2000,
with
the
acquisition
of
Multikabel,
the
Company
expanded
its
operations
from
Germany
to
the
Netherlands.
As
of
December
31,
2000,
the
Company
owned
and
operated
CATV
and
broadband
networks
passing
more
than
1,800,000
homes
and
available
to
approximately
1,300,000
subscribers.
The
Company
has
subscribers
in
four
primary
operating
regions
in
Germany
and
in
one
operating
region
in
the
Netherlands. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PrimaCom
AG
owns
and
operates
cable
television
networks
in
Germany
and
the
Netherlands.
For
the
three
months
ended
3/01,
revenues
rose
44%
to
EUR38.9
million.
Net
loss
before
extraordinary
item
totalled
EUR26.7
million,
up
from
EUR7.6
million.
Revenues
reflect
acquisitions,
increased
cable
television
services
rates
and
the
introduction
of
high
speed
internet
service.
Higher
loss
reflects
costs
associated
with
acquisitions. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
3,722;
after
tax
earnings
were
-25,762. (Preliminary; reported in thousands of Euro.) | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Paul Thomason, 44 | CFO,
Director, Speaker of the Exec. Board | Hans Wolfert, 39 | Chief
Corp. Devel. Officer | Massimo Oltramonti, 45 | Vice
Chairman of the Supervisory Board | Christian Schwarz-Schilling, 69 | Chairman
of the Supervisory Board | Stefan Schwenkedel, 40 | Vice
Chairman of the Supervisory Board |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|