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  September 5, 2001
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Home > Company Index > Telecommunications > Miscellaneous Services to Communication Providers > Advanced Radio Telecom Corp.

Advanced Radio Telecom Corp.
Nasdaq: ARTTQ
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 PROFILE
Advanced Radio Telecom (ART) wants to take the wired world wireless. ART provides broadband Internet access services to carriers and service providers using a nationwide fixed wireless network on the 39 GHz band. Targeting businesses located off fiber-optic networks, the company is building packet-based broadband metropolitan area networks using IP (Internet protocol) technology and offering service ranging from 3 Mbps to 100 Mbps. ART operates in Houston; Los Angeles; Phoenix; Portland, Oregon; San Jose, California; Seattle; and Washington D.C. But amid an industry slump, ART has been unable to gain needed financing: It has filed for bankruptcy protection and announced plans to lay about 90% of its employees.

 DEALS
Deal: Boston Properties Partners With ART, Teligent to Wire Office Buildings
Date Announced: 04.12.00
Value of transaction (US $Mil): 0
Description: Real estate investment trust signs licensing agreements with broadband communications services companies for its properties.

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 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 1.30
1-Yr. Sales Growth: 62.5%
Employees: 105
Revenue per employee: $12,380.95

 KEY PEOPLE
• Robert S. McCambridge
    CEO
• Darla Vivit Norris
    CFO

 CONTACT INFO
500 108th Ave. NE, Ste. 2600
Bellevue, WA 98004
US
Phone: 425-688-8700
Fax: 425-688-0703
Online: Web Site

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