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  September 5, 2001
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Home > Company Index > Telecommunications > Miscellaneous Services to Communication Providers > Terremark Worldwide, Inc.

Terremark Worldwide, Inc.
AMEX: TWW
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 NEWS FROM THE STANDARD
Data Hub Aims to Unclog LatAm Jam
Jun 29 2001 06:03 AM PDT

 PROFILE
Terremark Worldwide is offering NAP time. The company (formerly AmTec) has teamed up with Telcordia to operate a NAP (network access point) based in Miami. The company also operates a NAP in Beijing. Legal changes made by China's government has been forced it to seek liquidation of its 70% stake in Hebei Equipment, a joint venture with China's Hebei province, which was developing cellular phone networks. The company is in a joint venture with Fusion Telecommunications, a US facilities-based long-distance company, to provide data, voice, and Internet Protocol (IP) telephony services. It has acquired US-based IXS.NET, an IP telephony provider with operations in China. The company also offers real estate services.

 COMPETITION
Broadwing Inc. (BRW)
Level 3 Communications, Inc. (LVLT)
UUNET (dossier)

 DEALS
Deal: KB Technology Partners Invests in Terremark
Date Announced: 06.15.01
Value of transaction (US $Mil): 10
Description: Tech investor drops $10 million into IT and telecom services company.

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 STOCK ANALYSIS
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FURTHER ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: March
2000 Sales (mil.): 0.10
1-Yr. Sales Growth: (50.0)%
Employees: 150
Revenue per employee: $666.67

 KEY PEOPLE
• Manuel D. Medina
    CEO
• Irving A. Padron
    CFO

 CONTACT INFO
2601 S. Bayshore Dr.
Coconut Grove, FL 33133
US
Phone: 305-856-3200
Fax: 305-856-8190
Online: Web Site

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