| Business Summary | | Advanced
Wireless
Systems
provides
high-speed
Internet
service
in
the
Mobile,
Alabama,
area,
to
approximately
875
customers.
The
Company
owns
or
leases
11
wireless
signal
frequencies
in
Mobile
that
are
licensed
by
the
Federal
Communications
Commission.
The
Company
previously
also
provided
wireless
cable
television
subscription
services
to
Mobile
area
customers
using
these
licenses,
but
it
has
decided
to
discontinue
the
Company's
cable
television
service
effective
on
March
31,
2000.
The
Company
is
offering
to
replace
the
wireless
cable
TV
service
with
DirectTV
subscription
service
for
the
Company's
subscribers.
The
Company
is
devoting
its
use
of
its
FCC
licenses
to
provide
high-speed
Internet
services
to
customers
in
and
around
Mobile. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Advanced
Wireless
Systems,
previously
a
wireless
TV
provider,
is
now
focused
on
the
delivery
of
both
commercial
and
residential
high-speed
Internet
access
via
MMDS
wireless
transmission
in
the
greater
Mobile,
Alabama
area.
For
the
three
months
ended
3/31/01,
revenues
totalled
$2
million,
up
from
$56
thousand.
Net
loss
fell
15%
to
$151
thousand.
Results
reflect
the
acquisition
of
DWSI
and
Daybreak,
partially
offset
by
increased
general
and
administrative
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Thomas Howard, 52 | Pres,
CFO, Director | Miles Humphrey, 75 | Treasurer,
Director | Oscar Hayes, 65 | Sec.,
Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|