| Business Summary | | 9278
Communications,
Inc.
is
a
value-added
integrator
of
telecommunications
services
and
technologies,
specializing
in
the
distribution
of
prepaid
phone
cards.
The
Company
has
a
network
of
over
300
private
distributors,
retailing
over
100
different
prepaid
card
products,
including
13
private
label
cards,
primarily
in
the
New
York,
New
Jersey
and
Connecticut
markets,
through
approximately
10,000
retail
outlets.
The
Company
was
originally
incorporated
in
December
1997
under
the
name
Aquasol,
Inc.
9278
is
primarily
a
wholesale
distributor
of
prepaid
phone
cards
issued
from
over
60
telecommunications
carriers.
Generally,
each
type
of
prepaid
phone
card
is
available
in
$5,
$10
and
$20
denominations.
With
the
exception
of
the
private-label
phone
cards,
which
9278
prints
and
activates
itself,
the
Company
purchases
pre-printed,
pre-activated
phone
cards
from
each
of
the
applicable
telecommunications
carriers
and
distributes
them
through
its
network
of
distributors. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | 9278
Communications,
Inc.
is
a
value-added
integrator
of
telecommunications
services
and
technologies,
specializing
in
the
distribution
of
prepaid
phone
cards.
The
Company
offers
over
125
different
prepaid
card
products.
For
the
three
months
ended
3/31/01,
revenues
totaled
$37.4
million
up
from
$16.9
million.
Net
income
totalled
$984
thousand
vs.
a
loss
of
$492
thousand.
Results
reflect
acquisitions
and
geographic
expansion,
and
the
absence
of
$363
thousand
asset
expense. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
49,579;
after
tax
earnings
were
1,242. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Sajid Kapadia, 25 Chairman
and CEO | $81K | Amar Bahadoorsingh, 29 Pres,
Sec., Director | -- | Haris Syed, 25 VP | -- | 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.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|