| Business Summary | | World
Access,
Inc.
is
focused
on
being
a
provider
of
bundled
voice,
data
and
Internet
services
to
key
regions
of
the
world.
The
Company
provides
end-to-end
communications
services
through
its
redundant
digital
network,
which
is
capable
of
supporting
voice
and
data
services,
including
frame
relay,
Internet
Protocol
(IP),
asynchronous
transfer
mode
(ATM)
and
multimedia
applications.
Located
strategically
throughout
the
United
States
and
13
European
countries,
World
Access'
network
backbone
consists
of
gateway
and
tandem
switches,
linked
by
an
extensive
fiber
network
encompassing
tens
of
millions
of
circuit
miles.
In
April
2000,
the
Company
announced
that
it
completed
the
sale
of
its
Wireless
Local
Loop
Division
to
Nera
ASA,
a
Norwegian
company.
In
April
2001,
the
Company
announced
that,
before
the
end
of
the
month,
it
plans
to
file
voluntary
petitions
for
relief
under
Chapter
11
of
the
United
States
Bankruptcy
Code
on
behalf
of
itself
and
certain
of
its
United
States
subsidiaries. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | World
Access,
Inc.
is
a
leading
provider
of
bundled
voice,
data
and
Internet
services
to
small-to
medium-sized
business
customers
located
throughout
Europe.
For
the
nine
months
ended
9/00,
revenues
totalled
$826.7
million,
up
from
$328.2
million.
Net
loss
from
continuing
operations
applicable
to
Common
totalled
$132.7
million,
up
from
$298
thousand.
Revenues
reflect
the
acquisitions.
Higher
loss
reflects
increased
S/G/A
and
interest
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999
Compensation | | Pay | Exer | |
| John Phillips, 57 Chairman,
CEO | $1.6M | -- | Walter Burmeister, 60 Pres,
COO, Director | -- | -- | A. Lindsay Wallace, 50 Pres,
World Access Equipment Group | 306K | -- | Bryna Yokley Exec.
VP, CFO | -- | -- | Mark Gergel, 42 Exec.
VP of Corp. Devel. | 515K | $108K | 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
|
|