The Industry Standard: Intelligence for the Information Economy

  September 5, 2001
  NEWS & ANALYSIS
   Headlines
   Money & Markets
   Tech & Telecom
   Media & Marketing
   Metrics & Stats
   Policy & Politics
  SEARCH
   
  advanced search
  SERVICES
   Company Index
   Newsletters
   Wireless
  PRINT EDITION
   Read the Magazine

Home > Company Index > Telecommunications > Long Distance Carriers > Startec Global Communications Corporation

Startec Global Communications Corporation
Nasdaq: STGC
Change
symbol:
     
 PROFILE
Startec Global Communications helps cheerful immigrants phone home. The US carrier provides international phone service to ethnic residential and business customers in emerging economies. Customers use dial-around codes or toll-free access numbers to reach Startec's international network of owned and leased facilities, which includes traditional switched and Internet protocol (IP) gateways and capacity on undersea fiber cables. The firm provides wholesale service to other carriers, as well as Internet access and Web hosting. However, the economic downturn has forced the company to merge its US and European operations and cut almost half of its workforce. Founder and CEO Ram Mukunda owns 22% of Startec.

 COMPETITION
AT&T Corp. (T)
Sprint FON Group (FON)
WorldCom, Inc. (dossier)

 DEALS
Deal: Startec Raises $7.2 Million With Private Placement
Date Announced: 12.19.00
Value of transaction (US $Mil): 7.2
Description: IP provider for emerging markets and diverse communities raises expansion funding through placement of 1.8 million shares of stock.

Search all deals for this company

 TRACKERS
Jan. 11, 2001 - LAYOFF TRACKER
140 laid off
Description: Cutting 19% of its workforce in order to achieve profitability. Planning to move its customer service operations from Bethesda, Md., to Vancouver and is consolidating its U.K., France, Germany and Poland operations.

More LAYOFF NEWS

 STOCK ANALYSIS
 View by:
 Day 
 Day 
 Month 
 Month 
 Year 
 Year 
FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 324.50
1-Yr. Sales Growth: 17.4%
Employees: 711
Revenue per employee: $456,399.44

 KEY PEOPLE
• Ram Mukunda
    CEO
• Prabhav V. Maniyar
    CFO

 CONTACT INFO
1151 Seven Locks Rd.
Potomac, MD 20854
US
Phone: 301-365-8959
Fax: 301-365-8787
Online: Web Site

Company Data   News, quotes & more       

Hoovers Online   Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.


ADVERTISEMENT
FEATURED LINKS
Home |  Customer Service |  About Us
Australia |  Brazil |  China |  Korea |  Norway |  Poland |  Sweden |  Taiwan

Copyright ©2001 Standard Media International. Privacy Policy
Stock data provided by Stockpoint and its data suppliers. Copyright © 1995-2001