| Business Summary | | Netro
Corporation
is
a
provider
of
broadband,
point-to-multipoint,
wireless
access
equipment.
Telecommunications
service
providers
use
this
equipment
to
provide
high-speed
voice
and
data
access
to
small
and
medium-sized
enterprises
around
the
world.
The
Company
has
been
commercially
shipping
its
point-to-multipoint
equipment
since
1998.
Netro
has
designed
the
AirStar
system
to
minimize
the
costs
of
deployment
and
operation
and
to
permit
operators
to
offer
a
range
of
voice,
IP
and
data
services.
The
Company
offers
complete
solutions
that
operate
at
frequencies
licensed
in
every
major
geography
in
the
world,
including
Europe,
Asia,
North
America
and
Central
and
South
America. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Netro
Corporation
is
a
provider
of
wireless
networking
equipment
used
by
telecommunications
service
providers
to
provide
businesses
with
high-speed
telecommunications
connections.
For
the
six
months
ended
6/30/01,
revenues
fell
57%
to
$11.2
million.
Net
loss
totaled
$62.8
million,
up
from
$7.9
million.
Revenues
reflect
the
global
slowdown
in
telecommunications
equipment
spending.
Loss
also
reflects
negative
margins
due
to
inventory
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY1999
Compensation | | Pay | Exer | |
| Gideon Ben-Efraim, 57 Chairman,
CEO, Pres | $330K | $1.5M | Sanjay Khare CFO, VP | -- | -- | Shlomo Yariv COO | -- | -- | Matthew Powell, 45 Exec.
VP of Sales and Marketing | 260K | -- | Peter Carson, 52 Sr.
VP of Worldwide Sales | -- | -- | Dollar
amounts are as of 31-Dec-1999 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
|
|