Carrier1 International's CEO Stig Johansson talks to The Wall Street Transcript.Business Editors NEW YORK--(BUSINESS WIRE)--Jan. 22, 2001 The Wall Street Transcript A generic term for any kind of copy, particularly an official or certified representation of the record of what took place in a court during a trial or other legal proceeding. A transcript of record has published an in-depth interview with Stig Johansson, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Carrier1 International SA (Nasdaq:CONE), in which he talks at length about the company's future. The entire 2,800-word interview is available free online at http://www.twst.com/ceos.htm. Johansson gives an overview of the company. "Carrier1 is a company which has been building a pan-European fiber base network covering the European market with 14,000 route kilometers. That network is in place and by the end of 2001 we will have extended it with 20 city rings where we will offer door-to-door fiber based services, broadband services See broadband and broadband service provider. ." Johansson explains, "We have a 14,000 route kilometre network in place. Our capital efficient strategy has been to build in some countries, mainly in Germany, and then to do reciprocal Bilateral; two-sided; mutual; interchanged. Reciprocal obligations are duties owed by one individual to another and vice versa. A reciprocal contract is one in which the parties enter into mutual agreements. deals on ducts or fibre with parties which have been building in other parts of Europe. But we have chosen to add electronic equipment for our fibre ourselves, so that we have a homogeneous The same. Contrast with heterogeneous. homogeneous - (Or "homogenous") Of uniform nature, similar in kind. 1. In the context of distributed systems, middleware makes heterogeneous systems appear as a homogeneous entity. For example see: interoperable network. infrastructure and can better manage our network across Europe." Looking forward, Johansson states, "Carrier1 intends to invest approximately $220-$250 million in 2001. We have a very good balance sheet, we have the capital we need over the entire business plan period and we also have a cash reserve of approximately $150 million." This interview is part of a 30-page European Telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. Stocks Issue available at http://www.twst.com/info/info263.htm or by calling 212/952-7433. The Wall Street Transcript is a premier weekly investment publication serving serious long-term investors Long-term investor A person who makes investments for a period of at least five years in order to finance his or her long-term goals. for over 38 years. The Wall Street Transcript has launched a new free service where investors can ask Carrier1 International (or any public company) a question at http://www.qawire.com. Serious investors may now receive free email alerts containing links to TWST articles whenever TWST publishes an interview on the companies they follow by using the new Alerts.com service available at http://www.twst.com/alerts.html. The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock recommendations. For subscription information call 800/246-7673. |
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