| Business Summary | | Metromedia
Fiber
Network,
Inc.
provides
dedicated
fiber
optic
infrastructure
and
Internet
connectivity
for
its
communications-intensive
customers.
The
Company
is
a
facilities-based
provider
of
end-to-end
optical
solutions
that
offer
virtually
unlimited,
unmetered
bandwidth
at
a
fixed
cost
to
communications
carrier,
corporate
and
government
customers
in
the
United
States
and
Europe.
Through
its
AboveNet
Communications
Inc.
subsidiary,
the
Company
also
provides
Internet
infrastructure
to
its
customers.
The
combined
Company
facilitates
the
growth
of
e-commerce,
and
Internet
and
communications
applications
by
delivering
secure
and
scaleable
optical
networks
and
Internet
protocol
services
to
Internet
content
and
service
providers,
communications
carriers
and
enterprise
users
worldwide. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Metromedia
Fiber
Network,
Inc.
is
a
facilities-based
provider
of
technologically
advanced,
high-bandwidth,
fiber
optic
communications
infrastructure
to
communications
carriers
and
corporate
and
government
customers.
For
the
six
months
ended
6/30/01,
revenues
totalled
$168.6
million,
up
from
$75.2
million.
Net
loss
totalled
$353.5
million,
up
from
$177.2
million.
Revenues
reflect
new
customers
and
the
acquisition
of
SiteSmith.
Higher
loss
reflects
a
$30.7
million
non-cash
compensation
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Stephen Garofalo, 49 Chairman,
CEO | $532K | -- | Nicholas Tanzi, 42 Pres,
COO, Director | 374K | $21.6M | Gerard Benedetto, 44 CFO,
Sr. VP | 300K | 4.8M | William La Perch, 45 Pres--Enterprise
Services | 245K | -- | Sherman Tuan, 47 Director,
CEO of AboveNet Communications, Inc. | 456K | 4.7M | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|