| Business Summary | | Global
Light
Telecommunications,
Inc.
(Global)
is
an
international
telecommunications
company
with
operations
in
North
American,
Latin
America,
Western
Europe
and
the
Pacific
Rim.
Global
operates
the
following
subsidiaries:
Bestel,
S.A.
de
C.V.,
New
World
Network
Holdings,
Ltd.,
NeTrue
Communications,
Inc.,
and
Highpoint
Telecommunications,
Inc.
Bestel,
based
in
Mexico,
is
a
facilities-based
provider
of
technologically
advanced,
high
bandwidth
telecommunications
and
data
services.
New
World
Network
Holdings
is
a
telecommunications
carrier's
carrier.
NeTrue
Communications
develops,
manufactures
and
markets
carrier-scale
Internet
gateways
and
operational
support
systems
to
telecommunications
carriers
and
International
Telephony
Service
providers
in
over
20
countries.
Highpoint
Telecommunications
was
formed
to
pursue
significant
opportunities
in
the
newly
deregulated
European
telecommunications
market
through
three
primary
business
units:
Vine
Telecom,
Kast
Telecom
and
Aduronet
Limited. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Global
Light
Telecommunications
is
an
international
telecommunications
Company
with
interests
in
companies
and
JV's
which
are
in
the
early
stages
of
developing,
marketing
and
selling
telecommunications
products
and
services.
For
the
three
months
ended
3/31/01,
revenues
fell
63%
to
$8.1
million.
Net
loss
fell
36%
to
$6.8
million.
Results
reflect
delay
in
the
development
of
the
telecommunications
projects,
partially
offset
by
a
decrease
in
SG&A
expenses. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
9,834;
after
tax
earnings
were
-12,459. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | |
| Position | W. Gordon Blankstein | Chairman,
CEO | Robert Blankstein | Vice
Chairman, VP | Donald MacFayden | VP-Fin.,
CFO, Sec. | Thomas Sawyer | CTO,
Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|