| Business Summary | | Pacific
Gateway
Exchange,
Inc.
provides
international
telecommunications
services
to
a
target
customer
base
of
long
distance
service
providers
worldwide
as
well
as
retail
customers.
The
Company's
international
switched
services
consist
of
calls
that
either
originate
in
the
United
States
or
constitute
return
traffic
to
the
United
States
from
foreign
long-distance
carriers.
The
Company
operates
international
gateway
switches
in
Los
Angeles,
New
York
and
Dallas.
Domestic
switched
services
consist
of
switched
long
distance
calls
that
originate
and
terminate
within
the
United
States.
The
Company
provides
dedicated
point-to-point
connections
between
United
States
locations
and
foreign
locations
on
a
selective
basis
to
certain
carriers
to
help
meet
the
needs
of
end
users,
which
are
generally
multinational
corporations
or
government
agencies
that
have
a
high
volume
of
voice
and
data
communications
between
two
or
more
international
locations. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Pacific
Gateway
Exchange
is
an
international
telecommunications
carrier
which
provides
service
to
its
customer
base
of
long
distance
service
providers.
For
the
nine
months
ended
9/30/00,
revenues
decreased
38%
to
$280.5
million.
Net
loss
totaled
$143.6
million
vs.
an
income
of
$8.4
million.
Revenues
reflect
the
loss
of
key
customers
due
to
the
Company's
liquidity
shortage.
Net
loss
reflects
the
inclusion
of
a
$78.8
million
provision
for
the
impairment
of
assets. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| David Davis CFO | -- | Fred Weismiller, 58 Exec.
VP, International Marketing | -- | Robert Craver, 57 Sr.
VP of International Relations | $165K | 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
|
|