| Business Summary | | Mpower
Holding
Corp.,
formerly
known
as
Mpower
Communications
Corp.
is
a
communications
company
that
offers
local
dial
tone;
long
distance;
Internet
access
via
dial-up
or
dedicated
Symmetrical
Digital
Subscriber
Line
(SDSL)
technology;
voice
over
SDSL
(VoSDSL);
and
other
voice
and
data
services,
primarily
to
small
and
medium-sized
business
customers.
The
Company
has
launched
bundled
voice
and
high-speed
data
services,
using
SDSL
technology,
in
all
of
its
markets.
The
Company
has
established
working
relationships
with
BellSouth,
GTE,
Sprint
and
Southwestern
Bell
Corporation. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MPWR
provides
Internet
connectivity
and
communications
services
including
DSL,
Internet
access,
web
hosting,
local
and
long
distance,
to
business
customers
nationwide.
For
the
three
months
ended
3/31/01,
revenues
rose
83%
to
$46.6
million.
Net
loss
applicable
to
Common
totaled
$108.2
million,
up
from
$31.8
million.
Results
reflect
an
increase
in
the
number
of
lines
in
service,
offset
by
depreciation
costs,
personnel
related
expenses
and
a
$24
million
network
expansion
related
charge. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
49,653;
after
tax
earnings
were
-284,686. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Maurice Gallagher, Jr., 51 Chairman | -- | Rolla Huff, 44 CEO,
Director | $567K | Joseph Wetzel, 45 Pres,
COO | 378K | Michael Daley, 39 CFO,
Exec. VP | 225K | Paul Celuch, 60 Pres
-- 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
|
|