 | |
| Company type | Public |
|---|---|
| Nasdaq: WCII | |
| Industry | Telecommunications |
| Founded | 1993 |
| Founder | William J. Rouhana |
| Defunct | 2001 |
| Fate | Liquidation via Chapter 7 bankruptcy |
| Headquarters | New York, New York |
| Revenue | $445.6 million (1999) |
Number of employees | 3,900 (1999) |
Winstar Communications, Inc. (at some point WinStar Communications)[1] 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.[2]
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.
- ^ Fox Lorber Home Video's official ident reports "WinStar". Unclear where "Winstar" comes from.
- ^ Winstar Communications - SEC Form 10-K for Year Ended December 31, 1999