| Business Summary | | Net2000
Communications
Inc
is
a
provider
of
broadband
telecommunications
services.
As
a
competitive
telecommunications
services
provider,
the
Company
offers
businesses
located
throughout
the
mid-Atlantic
and
northeastern
regions
of
the
United
States
cutting-edge,
responsive
solutions
as
an
alternative
to
the
traditional
telephone
companies.
The
Company
offers
an
integrated
package
of
high-speed
data
services,
video
services,
Internet
services,
local
telephone
services
and
long
distance
services,
primarily
delivered
from
its
own
network
over
a
single
broadband
connection
and
conveniently
billed
on
a
single
invoice.
Since
the
introduction
of
its
Net2000-branded
services
in
July
1998,
the
Company
has
successfully
acquired
over
2,200
new
business
customers,
representing
approximately
150,000
access
lines. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Net2000
Communications
is
a
provider
of
broadband
telecommunications
services,
offering
an
integrated
package
of
high-speed
data
services,
Internet
services,
local
telephone
services
and
long
distance
services.
For
the
six
months
ended
6/30/01,
total
revenues
totaled
$54.8
million,
up
from
$23.8
million.
Net
loss
before
extraordinary
item
applicable
to
Common
rose
79%
to
$71.2
million.
Results
reflect
an
increased
number
of
access
lines
installed,
offset
by
increased
personnel
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Clayton Thomas, Jr., 38 Chairman
and CEO | $289K | Duane Albro, 54 Pres,
COO, Director | -- | Donald Clarke, 41 CFO,
Exec. VP, Treasurer | 239K | Mark Mendes, 38 Exec.
VP, Sec. | 247K | James Garrettson, 43 Exec.
VP of 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
|
|