| Business Summary | | D&E
Communications,
Inc,
a
telecommunications
holding
company,
became
the
successor
parent
company
to
its
telephone-operating
subsidiary,
Denver
and
Ephrata
Telephone
and
Telegraph
Company
in
June
1996.
In
addition,
D&E
Telephone
and
Data
Systems,
Inc.
(TDS)
became
a
subsidiary
of
D&E
Communications,
Inc.
D&E
Communications,
Inc,
its
subsidiaries
and
affiliates
provide
telecommunications
services
in
the
south
central
Pennsylvania
area
and
in
certain
areas
of
Eastern
Europe.
In
October
2000,
The
Company
initiated
a
new
Internet
Service
Provider
using
the
trade
name
D&E
Jazzd.
During
2000,
The
Company
also
acquired
two
companies
that
provide
computer-networking
services.
On
December
31,
2000,
TDS
merged
these
operations
and
renamed
the
surviving
entity
D&E
Networks,
Inc.
D&E
Telephone
furnishes
telephone
service
through
61,098
access
lines
to
an
estimated
population
in
excess
of
100,000
in
an
area
of
approximately
227
square
miles
in
Pennsylvania. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | D&E
Communications
supplies
local
and
long
distance
telephone
services.
DECC
also
provides
network
access
service,
directory
advertising
and
billing
services.
For
the
six
months
ended
6/01,
revenues
rose
26%
to
$42.6
million.
Net
loss
applicable
to
Common
and
before
acct'g
change
and
extraordinary
items
fell
44%
to
$2.9
million.
Revenues
reflect
acquisitions
and
the
initiation
of
internet
service.
Lower
loss
also
reflects
reduced
losses
in
affiliates. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Anne Sweigart, 86 Chief
Exec. Officer, Pres and Chairman | $612K | Thomas Morell, 40 CFO,
VP, Treasurer | 336K | Robert Lauman, 75 COO,
Exec. VP, Director | 441K | G. William Ruhl, 61 Sr.
VP, CEO of D&E Telephone Company | 356K | W. Garth Sprecher, 49 VP,
Sec., Director, CEO D&E Networks | 273K | 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
|
|