| Business Summary | | Motient
Corporation
is
a
provider
of
two-way,
wireless
mobile
data
services
and
mobile
Internet
services.
The
Company's
customers
use
its
network
and
applications
for
e-mail
messaging
and
dispatch
and
voice
communications
services,
enabling
businesses,
mobile
workers
and
consumers
to
transfer
electronic
information
and
messages
and
access
corporate
databases
and
the
Internet.
The
Company
offers
wireless
services
in
two
broad
categories,
terrestrial
data
services,
including
e-Link
wireless
e-mail,
and
satellite
voice
and
dispatch
services.
In
addition,
through
Aether
Systems,
the
Company
serves
the
transportation
market
with
multi-mode
and
satellite-only
wireless
data
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Motient
Corp.,
through
its
subsidiaries,
provides
nationwide
wireless
communications
services,
including
data,
dispatch,
and
voice
services,
primarily
to
business
customers
in
the
U.S.
For
the
six
months
ended
6/01,
revenues
fell
2%
to
$47.1
million.
Net
loss
before
extraordinary
item
applicable
to
Common
totalled
$117.4
million,
up
from
$44.5
million.
Results
reflect
decreased
sales
of
equipment
and
field
services,
along
with
the
absence
of
a
$36.8
million
gain
on
notes
to
related
parties. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Gary Parsons, 50 Chairman | $308K | -- | Walter Purnell, Jr., 55 Pres,
CEO | 378K | $95K | W. Bartlett Snell, 49 Sr.
VP and CFO | 317K | -- | Dennis Matheson, 40 Sr.
VP, CTO | 205K | -- | Randy Segal, 45 Sr.
VP, Gen. Counsel, Sec. | 317K | 561K | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|