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Home > Company Index > Telecommunications > Long Distance Carriers > The Montana Power Company

The Montana Power Company
NYSE: MTP
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 NEWS FROM THE WIRES
Montana Power posts loss, cuts 2001 revenue target
Aug 01 2001 06:15 AM PDT

More WIRE STORIES about this company

 PROFILE
Montana Power is all abuzz -- from its fiber-optic network. To focus on telecommunications, the company has sold its Montana power plants, its independent power projects, its oil and gas assets, and its coal-mining operations, and it's selling its electricity and natural gas distribution operations (to NorthWestern). Montana Power's Touch America subsidiary offers voice, data, video, and Internet services over its 18,000-mile fiber-optic network, which covers the western half of the US. Touch America has acquired 250,000 long-distance customers from Qwest. It has joined the Baby Bell in a digital PCS joint venture that operates in the western US.

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

 STOCK ANALYSIS
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FURTHER ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 999.70
1-Yr. Sales Growth: (25.5)%
Employees: 2,549
Revenue per employee: $392,193.02

 KEY PEOPLE
• Robert P. Gannon
    CEO
• Jerrold P. Pederson
    CFO

 CONTACT INFO
40 E. Broadway
Butte, MT 59701
US
Phone: 406-497-3000
Fax: 406-496-5240
Online: Web Site

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