| Business Summary | | Prodigy
Communications
Corp
is
a
nationwide
Internet
service
provider
that
provides
fast
and
reliable
Internet
access
and
other
Internet-based
services.
Prodigy's
nationwide
Internet
service
has
a
customer
base
of
2.8
million
owned
and
managed
subscribers
as
of
December
31,
2000.
Prodigy
has
nationwide
brand
recognition
and
customer
acquisition
not
available
to
regional
and
local
Internet
service
providers
through
its
marketing
and
strategic
relationship
with
SBC
Communications,
one
of
the
world's
largest
telecommunications
providers.
Prodigy
utilizes
a
nationwide
network
covering
over
850
locations
in
all
50
states.
This
network
allows
approximately
90%
of
the
United
States
population
to
access
Prodigy's
services
with
a
local
telephone
call.
Prodigy
believes
its
scalable
technology
and
business
model
allow
it
to
grow
cost-effectively
without
significant
capital
expenditures. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PRGY
is
a
leading
nationwide
Internet
Service
Provider
(ISP)
that
provides
fast
and
reliable
Internet
access
and
related
value-added
services.
For
the
six
months
ended
6/30/01,
revenues
increased
47%
to
$183.9
million.
Net
loss
decreased
9%
to
$67.2
million.
Revenues
reflect
an
increase
in
the
number
of
subscribers.
Net
loss
was
partially
offset
by
an
increased
depreciation
expense
due
to
an
intangible
amortization
charge
related
to
the
SBC
transaction. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Charles Foster | Chairman | Paul Roth | Pres,
CEO | Alfredo Sanchez, 44 | Vice
Chairman | Allen Craft, 44 | Exec.
VP-Fin., CFO, Treasurer, Director | Gregory Williams | Exec.
VP, COO |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|