| Business Summary | | Next
Level
Communications,
Inc.
designs
and
markets
broadband
communications
equipment
that
is
designed
to
enable
telephone
companies
and
other
communications
service
providers
to
cost-effectively
deliver
a
full
suite
of
voice,
high-speed
data
and
digital
video
services
over
the
existing
copper
telephone
wire
infrastructure.
Service
providers
that
deploy
the
Company's
equipment
can
offer
voice,
data
and
digital
video
services
in
a
single
product
offering
or
offer
each
service
separately,
depending
on
subscriber
demand
and
the
service
provider's
objectives.
Next
Level's
products
consist
of
equipment
located
at
the
telephone
company's
central
office
or
exchange,
in
the
field
and
at
the
subscriber's
home
or
business.
The
Company's
customers
include
Qwest,
Hutchinson
Telephone,
Paul
Bunyan
Rural
Telephone,
Chibardun
Telephone,
Horizon,
New
ULM,
Washington,
Wood
County,
Hickory
Tech,
Clearlake,
Cablevision,
Bell
Canada,
All
West
and
Northstar
Telephone. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Next
Level
Communications
designs
and
markets
high-speed,
high-volume
communications
equipment
that
enables
telephone
companies
and
others
to
deliver
voice,
data
and
video
services
over
the
existing
copper
wire
infrastructure.
For
the
six
months
ended
6/30/01,
revenues
fell
14%
to
$60.6
million.
Net
loss
totaled
$124.5
million,
up
from
$33.1
million.
Results
reflect
weak
market
conditions,
increased
amortization
of
goodwill
and
a
$72
million
inventory
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| J. Michael Norris, 54 Chairman,
Pres, CEO | $25K | James Ide Acting CFO, VP-Fin. | -- | Keith Zar, 46 Sr.
VP, Gen. Counsel, CAO, Sec. | 401K | Hans Van Welzen, 58 Sr.
VP- Sales | 368K | Declan Shalvey, 44 Sr.
VP, Operations | -- | 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
|
|