| Business Summary | | Rural
Cellular
Corporation
is
a
cellular
operator
in
the
United
States,
primarily
in
rural
markets,
covering
a
total
cellular
population
of
approximately
five
million
and
serving
558,000
cellular
customers
as
of
December
31,
2000.
In
January
2001,
the
Company
acquired
the
licenses,
operations
and
related
assets
of
Saco
River
Telegraph
and
Telephone
Company.
The
Company
provides
cellular
communications
services
in
four
regional
clusters,
operating
in
12
states.
The
Company
also
owns
a
70%
interest
in
Wireless
Alliance,
LLC,
which
provides
personal
communications
services,
covering
a
total
population
of
approximately
708,000
and
serving
16,000
customers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | RCCC
is
engaged
in
the
ownership,
operation
and
management
of
its
subsidiaries
and
sales
of
cellular,
paging
and
Personal
Communications
Services
(``Wireless
Systems'').
For
the
six
months
ended
6/30/01,
total
revenues
increased
44%
to
$211.4
million.
Net
loss
applicable
to
Com.
before
extraordinary
item
rose
59%
to
$50
million.
Revenues
reflect
increased
cellular
customer
additions.
Higher
loss
reflects
increased
interest
and
depreciation
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Richard Ekstrand, 51 Pres,
CEO, Director | $422K | Wesley Schultz, 44 CFO,
Exec. VP, Director | 299K | Ann Newhall, 50 COO,
Exec. VP, Director | 299K | David Del Zoppo, 45 VP-Fin.
and Accounting | 167K | Scott Donlea, 41 VP,
Market Devel. | 171K | 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
|
|