| Business Summary | | Versatel
Telecom
International
N.V.
offers
local,
international
and
national
long
distance
telephony
services
to
business
customers
in
the
Benelux
and
Germany.
The
Company
offers
ISDN
primary
rate
services,
as
well
as
local,
international
and
national
long
distance
telephony
services
to
its
customers
in
the
Benelux
and
Germany.
Its
subsidiary,
Zon,
offers
dial-up
Internet
access
services
to
residential
customers.
Versatel
provides
switched
services
to
other
telecommunications
service
providers.
The
Company
started
as
a
switchless
reseller
of
voice
telecommunications
services
in
The
Netherlands
and,
in
1998,
started
the
build-out
of
its
broadband
fiber
network
designed
to
provide
local
access
to
its
customers
throughout
its
target
market. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Versatel
Telecom
International
provides
international
and
national
telecommunications
services
in
the
Benelux
region.
For
the
six
months
ended
6/30/01,
revenues
rose
65%
to
EUR124.8
million.
Net
loss
before
extraordinary
item
rose
38%
to
EUR245.2
million.
Revenues
reflect
acquisitions,
new
customers
and
higher
voice,
data,
Internet
and
carrier
services
sales.
Higher
loss
reflects
an
increase
in
SGA,
depreciation
and
interest
expenses
and
currency
exchange
losses. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | R. Gary Mesch, 46 | Chairman
of the Supervisory Board, Managing Director | Raj Raithatha, 37 | CEO,
VP-Fin. | Phillippe Santin, 46 | CFO | Frits Kunnen, 64 | COO | W. Greg Mesch, 39 | VP-
Corp. Devel. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|