| Business Summary | | WebLink
Wireless,
Inc.
is
a
provider
of
two-way
wireless
data
and
traditional
one-way
paging
services.
During
2000,
the
Company
began
offering
two-way
wireless
data
services
to
link
people
to
information
and
other
people.
The
Company
provides
two-way
wireless
data
services
through
its
Wireless
Data
Division.
Two-way
service
provides
capabilities
such
as
device-to-device
communications,
allowing
people
to
converse
in
an
unobtrusive
near-real-time
manner,
and
wireless
e-mail
allowing
people
to
send
and
receive
short
e-mail
messages
to
or
from
any
Internet
e-mail
address.
In
addition,
the
Company's
Website
serves
as
a
portal
through
which
customers
can
order
Internet-based
information
that
will
be
automatically
forwarded
to
their
devices
periodically.
On
May
24,
2001,
the
Company
filed
for
Chapter
11
under
the
United
States
Bankruptcy
Code. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | WebLink
Wireless
provides
two-way
wireless
data
services,
enhanced
messaging
services
and
traditional
one-way
numeric
and
word
paging
services.
For
the
three
months
ended
3/31/01,
revenues
fell
17%
to
$63.4
million.
Net
loss
before
extraordinary
item
and
acct.
change
rose
77%
to
$39.3
million.
Revenues
reflect
a
decrease
in
the
subscriber
base
and
lower
demand
for
traditional
paging
services.
Higher
losses
also
reflect
increase
technical
expenses. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
59,318;
after
tax
earnings
were
-33,575. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| John Beletic, 48 Chairman,
CEO | $1.1M | N. Ross Buckenham, 42 Pres,
Director | 511K | John Hauge, 48 VP-Fin.,
CFO, Treasurer | -- | E. Russell Villemez, 40 VP
- Information Technology and CIO | 339K | Frederick Anderson, 48 VP,
Gen. Counsel and Sec. | 371K | 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
|
|