| Business Summary | | Davel
Communications
Inc.
owns
and
operates
a
network
of
approximately
67,000
payphones
in
44
states
and
the
District
of
Columbia.
The
Company
has
one
of
the
broadest
geographic
ranges
of
coverage
of
any
payphone
service
provider
(PSP)
in
the
country.
The
Company
derives
its
revenues
from
two
principal
sources:
coin
calls
and
non-coin
calls.
The
Company's
installed
payphone
base
generates
revenue
through
coin
calls
(local
and
long-distance),
non-coin
calls
(calling
card,
credit
card,
collect,
and
third-party
billed
calls
using
the
Company's
preselected
operator
services
providers
such
as
Sprint
and
AT&T)
and
dial-around
calls
(utilizing
a
1-800,
1010XXX
or
similar
"toll
free"
dialing
method
to
select
a
carrier
other
than
the
Company's
pre-selected
carrier). | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Davel
Communications
owns
and
operates
a
network
of
nearly
67,000
payphones
for
coin
calls
and
non-coin
calls
in
44
states
and
the
District
of
Columbia.
For
the
six
months
ended
6/30/01,
revenues
fell
35%
to
$46.7
million.
Net
loss
rose
8%
to
$22.8
million.
Revenues
reflect
the
removal
of
non-profitable
phone
locations
and
lower
call
volumes.
Net
loss
was
partially
offset
by
lower
depreciation
expenses
due
to
the
impairments
of
some
assets. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Raymond Gross, 50 Chairman | -- | Bruce Renard, 46 Pres | $389K | Marc Bendesky, 57 CFO | -- | Paul Lucking, 54 COO | -- | Bruce Forsyth, 44 Sr.
VP of Marketing | 92K | 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.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|