Corporate Profile for WorldPort Communications, dated Feb. 26, 1999.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: Feb. 26, 1999
Company Name: WorldPort Communications
Address: 1825 Barrett Lakes Blvd.
Suite 100
Kennesaw, GA 30144
Main Telephone
Number: 770-792-5800
Internet Home
Page Address
(URL): www.WRDP.com
Chief Executive
Officer: Paul A. Moore
Chief Financial
Officer: Phillip S. Magiera
Investor Relations
Contact: Shara Johnston
Business number: 770-792-5830
Home number: 770-270-2317 (cell phone: 770-331-5917)
Public Relations
Contact: Shara Johnston
Business number: 770-792-5830
Home number: 770-270-2317 (cell phone: 770-331-5917)
Trading Symbol/
Exchange: WRDP/NASDAQ
Industry: Telecommunications
Company description: Stock High - Low 6 1/2 - 17 1/2 Annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. revenue for 1998 $19,200,000 Budgeted Revenue 1999 $218,000,000 preliminary Budgeted Cash flow 1999 $5,250,000 preliminary Net loss budgeted 1999 $34,800,000 preliminary -- 80,000 fiber route Kilometers worldwide -- Ten gigabytes of worldwide capacity -- Uniform Global switching architecture for voice, data, video and Internet -- Termination capabilities to over 220 countries -- 14 International gateway switches and 2,000 POPs worldwide -- Real time provisioning and state-of-the-art network management platforms -- Connected to all US NAPs and MAEs and the European Internet Exchange -- Major European and Latin American regional gateways -- Sales offices in over 40 countries -- Network assets on 3 continents -- 11,000 customers worldwide -- Multi-currency, multi-regional, multi-location billing and customer service WorldPort Communications, Inc. is The Next Generation Carrier's Carrier providing international long distance services to The Americas, Europe, Asia-Pacific and the Middle East. WorldPort is deploying a seamless global network in newly deregulating de·reg·u·late tr.v. de·reg·u·lat·ed, de·reg·u·lat·ing, de·reg·u·lates To free from regulation, especially to remove government regulations from: deregulate the airline industry. markets to provide least-cost interconnectivity and high capacity bandwidth products for voice, data, video and Internet traffic Internet traffic is the flow of data around the Internet. It includes web traffic, which is the amount of that data that is related to the World Wide Web, along with the traffic from other major uses of the Internet, such as electronic mail and peer-to-peer networks. to long distance carriers, multi-national corporate customers, distributors and Internet service providers Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. (ISPs). WorldPort will provide these products and services as a complete end-to-end solution (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. by routing traffic through a seamless system of undersea fiber-optic network cables and advanced circuit and packet switches deployed around the world linking WorldPort's international points of presence (POPs). The Company utilizes high efficiency gateways and international interconnection in·ter·con·nect v. in·ter·con·nect·ed, in·ter·con·nect·ing, in·ter·con·nects v.intr. To be connected with each other: The two buildings interconnect. v.tr. agreements with PTTs and international carriers worldwide to achieve cost effective access and termination in strategic regional markets worldwide. WorldPort is a licensed public telephone operator in The Netherlands and holds an International Facilities License in the United Kingdom. WorldPort's operating subsidiary An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. in The Netherlands, EnerTel N.V., operates an advanced nationwide fiber optic network of over 23,000 fiber kilometers, with interconnection and access points throughout The Netherlands. EnerTel is a licensed PTO PTO abbr. 1. Parent Teacher Organization 2. or p.t.o. please turn over 3. power takeoff PTO or pto please turn over Noun 1. and also holds operating and interconnection agreements that provide cost-effective interconnectivity to major European markets. Through the EnerTel network and through its committed capacity on the AC-1 Transatlantic fiber optic cable Noun 1. fiber optic cable - a cable made of optical fibers that can transmit large amounts of information at the speed of light fibre optic cable transmission line, cable, line - a conductor for transmitting electrical or optical signals or electric power , WorldPort provides long distance voice, data and internet services between countries in Europe and between Europe, North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and the rest of the world. As it has done in The Netherlands, WorldPort is establishing a Caribbean/Latin American regional gateway through its announced acquisition of All America Cables and Radio, a licensed PTO in the Dominican Republic Dominican Republic (dəmĭn`ĭkən), republic (2005 est. pop. 8,950,000), 18,700 sq mi (48,442 sq km), West Indies, on the eastern two thirds of the island of Hispaniola. The capital and largest city is Santo Domingo. . |
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