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Home > Company Index > Telecommunications > Long Distance Carriers > RSL Communications, Ltd.

RSL Communications, Ltd.
OTC: RSLCE
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 NEWS FROM THE STANDARD
Not-So-Smooth Operators
Oct 04 1999 12:00 AM PDT

International Operator
Jul 26 1999 12:00 AM PDT

 PROFILE
The scion of a make-up legend turned from cosmetics to communications. RSL Communications -- controlled by Ronald Lauder, son of Estee Lauder -- provides telecom services to small and medium-sized businesses in more than 30 countries; half of its sales come from Europe. RSL also provides broadband Internet access and other data services in several countries, including Australia, Canada, Germany, and the UK. The carrier has a network with some 71 switches worldwide, and it owns and leases its fiber capacity. RSL has sold its stake in deltathree.com, an Internet protocol (IP) telephony provider. Chairman Lauder owns 28% of RSL and controls 57% of the voting stock. The company has begun insolvency proceedings.

 COMPETITION
AT&T Corp. (T)
British Telecommunications plc (BTY)
Cable and Wireless plc (CWP)

 DEALS
Deal: Atarey Hasharon Acquires Stake in Deltathree
Date Announced: 07.02.01
Value of transaction (US $Mil): 15.7
Description: Atarey Hasharon takes RSL Communications' $15.7 million stake in voice-over-IP technology company.

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 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 1,469.80
1-Yr. Sales Growth: 65.9%
Employees: 2,800
Revenue per employee: $524,928.57

 KEY PEOPLE
• Paul B. Domorski
    CEO
• Steven F. Schiffman
    CFO

 CONTACT INFO
810 Seventh Ave., 39th Fl.
New York, NY 10019
US
Phone: 212-445-7400
Fax: 212-445-7528
Online: Web Site

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