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Winstar Communications
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Winstar Communications : ウィキペディア英語版
Winstar Communications

Winstar Communications (at some point WinStar Communications)〔Fox Lorber Home Video's official ident reports "WinStar". Unclear where "Winstar" comes from.〕 was an American telecommunications company that provided broadband services to business customers. Winstar owned and operated a broadband network in 60 major markets in the United States, including each of the top 30 U.S. markets and ten markets internationally in Europe, Asia, and Latin America.
Winstar was a notable example of the internet and telecom bubbles of the late 1990s. At its peak in 2000, less than a year before its collapse, the company had a market capitalization in excess of $4.4 billion and revenues of $445.6 million for the year ended December 31, 1999.〔(Winstar Communications - SEC Form 10-K for Year Ended December 31, 1999 )〕
Winstar also bought Fox Lorber Home Video from New Video in the mid-1990s. In 2001, Genius Products bought out Fox Lorber after Winstar was shuttered.
==History==
The company was founded in 1993 as a reseller of long distance service. After winning auctions for radio spectrum, the firm became a Competitive Local Exchange Carrier and began selling wireless broadband service.〔(Fixed Wireless Systems Gaining Credibility as Phone, Web Links ). LA Times〕
In 1994, Winstar completed an initial public offering, listing its stock on Nasdaq under the symbol "WCII". In the mid-1990s, Winstar acquired Fox Lorber Home Video.
Winstar stock soared by over 600% between 1996 and 2000〔(Assessing a Big Fish In a Fast-Growing Pond ). New York Times, June 13, 1999〕 as revenue grew from $2.7 million in 1995 to over $445 million in 1999. The company also received positive research reports from analysts, such as Jack Grubman,〔(The Real Telecom Scandal ), Wall Street Journal, September 30, 2002〕〔()〕 contributing to the Global settlement.

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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