| Business Summary | | Advanced
Radio
Telecom
Corp.
is
a
provider
of
broadband
services
to
carriers
and
service
providers,
whose
customers
are
not
served
by
fiber
optic
networks.
Utilizing
its
national
footprint
of
39
GHz
spectrum
licenses,
the
Company
plans
to
serve
forty
major
metropolitan
markets
over
the
next
three
years.
The
Company
is
building
its
own
fixed
wireless,
packet-based
broadband
metropolitan
networks
on
the
Internet
Protocol
(IP)
standard.
On
March
30,
2001,
the
Company
announced
that
it
intends
to
file
a
petition
for
protection
under
Chapter
11
of
the
United
States
Bankruptcy
Code.
The
Company
noted
that,
due
to
the
continuing
distressed
capital
markets,
it
had
been
unable
to
complete
any
of
the
financing
alternatives
it
had
been
pursuing | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Advanced
Radio
Telecom
Corp.
provides
broadband
services
to
carriers
and
service
providers
whose
customers
are
not
served
by
fiber-optic
networks.
For
the
nine
months
ended
9/30/00,
revenues
rose
9%
to
$1
million.
Net
loss
applicable
to
Common
decreased
43%
to
$96.1
million.
Revenues
reflect
increased
Internet
service
sales.
Lower
loss
reflects
decreased
Preferred
dividends
and
the
absence
of
a
$6.4
million
charge
for
equipment
impairment. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Richard Liebhaber, 64 Chairman | -- | Wharton Rivers CEO | -- | Robert McCambridge, 41 Pres,
COO, Director | $446K | Darla Norris Sr. VP-Fin. | -- | Arlene Trent Sr.
VP of Marketing | -- | 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
|
|