| Business Summary | | Montana
Power
Company
operates
or
invests
in
businesses
in
North
America,
Europe
and
Asia,
providing
telecommunications
and
energy
products
and
services.
Through
Touch
America,
the
Company
develops,
owns
and
operates
a
high-speed
fiber
optic
network
spanning
28
states
and
approximately
18,000
route
miles.
The
Company
also
provides
wireless
services
mainly
through
Personal
Communication
Services
and
Local
Multi-Point
Distribution
Services.
On
its
fiber
optic
and
wireless
network,
the
Company
offers
high-speed
voice,
data,
video
and
Internet
services.
The
Company
also
provides
colocation
services,
leases
dark
fiber
and
conduit
rights
on
its
network
and
offers
construction
management
oversight
services
for
installation
of
fiber
networks.
The
Company
is
in
the
process
of
divesting
its
multiple
energy
businesses,
separating
them
from
Touch
America. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Montana
Power
Company
is
transforming
itself
into
a
national
high-speed,
technology
advanced,
broadband
fiber-optic
products
and
services
transport
company
under
its
telecommunication
subsidiary,
Touch
America.
For
the
six
months
ended
6/30/01,
revenues
rose
89%
to
$684.9
million.
Net
income
from
continuing
opts.
and
applicable
to
Common
fell
74%
to
$9.9
million.
Results
reflect
the
acquisition
of
Touch
America,
offset
by
the
higher
power
supply
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY1999
Compensation | | Pay | Exer | |
| R. Gannon, 55 Chairman
and CEO and Pres | $813K | $178K | M. Meldahl, 50 Exec.
VP, COO | 399K | -- | R. Cromer, 54 Exec.
VP and Chief Operating Oficer - Energy Supply Division | 439K | 62K | J. Haffey, 54 Exec.
VP and COO - Energy Services Division | 420K | -- | Jerrold Pederson, 57 VP,
CFO, Director | 379K | 459K | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|