| Business Summary | | Terra
Networks,
S.A.
is
a
global
Internet
network
operating
in
40
countries
in
19
languages,
reaching
91
million
monthly
visitors
worldwide.
Created
by
the
combination
of
Terra
Networks,
S.A.
(old)
and
Lycos,
Inc.
in
October
2000,
Terra
is
one
of
the
most
popular
Internet
networks
in
the
United
States,
Europe
and
Asia,
is
the
leading
portal
to
Spanish-
and
Portuguese-speaking
markets
and
is
the
number
three
access
provider
in
the
world.
The
Terra
Lycos
network
of
sites
includes
Lycos.com,
Terra.com,
Angelfire.com,
ATuHora.com,
Gamesville.com,
HotBot.com,
htmlGEAR.com,
Invertia.com,
LycosZone.com,
Matchmaker.com,
Quote.com,
Rumbo.com,
Sonique.com,
Tripod.com,
Webmonkey.com,
WhoWhere.com
and
Wired
News
(Wired.com). | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Terra
Networks,
S.A.
provides
Internet
access
and
local-language
interactive
content
and
services
to
Spanish
and
Portuguese-speaking
residential
and
small
office/home
office
customers
in
Spain,
Brazil,
Mexico,
Peru,
Chile
and
Guatemala.
For
the
six
months
ended
6/00,
revenues
totaled
EUR82.5
million,
up
from
EUR8.4
million.
Net
loss
according
to
U.
S.
GAAP
totaled
EUR267.3
million,
up
from
EUR21.8
million.
Results
reflect
ISP
subscriber
growth,
offset
by
increased
marketing
costs. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Joaquim Agut, 46 | Exec.
Chairman | Robert Davis | Vice
Chairman | Elias Rodriguez-Vina | CFO | Abel Linares, 39 | COO,
Director | Ted Philip | Sr.
VP of Strategic Planning, Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|