From www.ipocentral.com
Williams Communications Group, Inc.
indicates features for Hoover's Online Members only.
One Williams Center
Tulsa, OK 74172
Phone: 918-573-2000
Parent Company: The Williams Companies, Inc.
Web Site: wilcom.com
IPO
INFORMATION
Filing date: April 9, 1999
Expected IPO date: Week of June 21
Exchange: NYSE
Proposed ticker: WCG
Offering amount (mil.): $750.0
Underwriters:
Salomon Smith Barney; Lehman Brothers; Merrill
Lynch & Co.
KEY NUMBERS
Fiscal Year-End: December
1998 Sales (mil.): $1,717.1
1-Yr. Sales Change: 20.4%
1998 Income (mil.): $(185.0)
Employees: 8,563
More Financials
KEY PEOPLE
CEO: Howard E. Janzen
CFO: Lawrence C. Littlefield Jr.
HR: Gerald L. Carson
Williams Communications Group passes the word on a nationwide
fiber-optic network, built partially along the natural gas pipelines of its
parent, The Williams Companies. Williams Communications offers telecom
providers voice, data, Internet, and video transmission services on its
packet-switched 20,000-mile network, which is being expanded to 32,000
miles. Williams Communications Solutions (30%-owned by Nortel
Networks) supplies telecom equipment to businesses, and Williams
Network Applications distributes multimedia content. SBC
Communications has agreed to buy up to 10% of the company, or $500
million worth, whichever is less. The Williams Companies will maintain a
controlling stake after the planned IPO. |
