WRDP Worldport - - - opens the port to the world. Message Board

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Technology Stocks : WRDP Worldport - - - opens the port to the world.

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To: Harlock who wrote (48)	8/20/1999 8:13:00 AM
From: Frank A. Coluccio	Read Replies (1) of 82

WorldPort sails for Europe BRIAN QUINTON WorldPort Communications will close its U.S. operations to concentrate on its Netherlands-based European voice and data network, company officials announced today. “After careful consideration, we have decided it is in the best interests of everyone involved to reduce the size of WorldPort's U.S. operations,” President and CEO Charles Grivner said in a statement. “Since its acquisition in June 1998, the core of the company's operations has been WorldPort's Netherlands subsidiary.” WorldPort provides core network services to ISPs, long-distance providers and large corporate clients in North America and Europe over a land-based and undersea network. Last June the carrier acquired EnerTel N.V., an alternative public telecommunications operator in the Netherlands with a 20,000-kilometer fiber network. WorldPort has about 80 employees in its Atlanta headquarters office.

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