BNET Industries

Market Cap:$123.8M
Last Fiscal Year Sales:$230.3M
  • Public
  • US
Dow Jones Description

We are one of the nations leading integrated communications providers and are the bandwidth leader in the markets we serve. We classify our operations in two reportable segments: Broadband and Telecommunications (Telecom). We market our services individually and as bundled services to both residential and business customers in the greater Sacramento, California and greater Kansas City, Kansas and Missouri areas (Kansas City area). Our Broadband segment earns revenues primarily through subscriptions to our video, high-speed Internet and digital phone services. Our video services range from a limited basic service to a full digital cable service. Many of our services are delivered utilizing fiber-to-the-premise and fiber-to-the-node networks, which allow us to offer a high quality experience with our digital TV Packages. Our full digital cable service provides access to over 340 and 260 channels in our California and Kansas City area markets, respectively, including premium and pay-per-view channels (which include concerts, wrestling, boxing, sporting events and movies); video on demand (VOD) service (which allows access to a library of movies and the ability to start a selection at any time and to pause, rewind and fast-forward and replay); premium VOD channels, music channels and an interactive, on-screen program guide (which allows the subscriber to navigate the channel lineup and the video on demand library). ...

Number of Employees 920
Contact Information

200 Vernon St

Roseville, California 95678

surewest.com

(916) 786-1799 (Investor Relations)

NAICS Code Cellular and Other Wireless Telecommunications: 517212

Recent Events

  • SureWest Announces Broadband Web Portal

    11/20/09 - Product Announcement - View Story

  • SureWest Has 'Solid Quarter'

    10/31/09 - Financial Announcement - View Story

  • SureWest's Steve Oldham Named USTelecom Chair

    10/21/09 - Mgmt. Change Entering - Other - View Story

  • Metaswitch Gives SureWest an Edge in Hosted VoIP

    10/22/09 - Licensing / Contract - View Story

  • Yonder Media Finalizes Latest Acquisition and Continues Its Rural Broadband Wireless Internet Service Provider WISP...

    10/15/09 - Merger / Acquisition - View Story

  • SureWest Communications to Report Third Quarter 2009 Results on October 29

    10/08/09 - Financial Announcement - View Story

  • SureWest opens data centre in Kansas

    9/04/09 - Site Opening - View Story

  • SureWest Reports Second Quarter 2009 Results

    8/07/09 - Financial Announcement - View Story

  • SureWest to launch Microsoft Mediaroom platform

    7/28/09 - Product Announcement - View Story

  • SureWest to Launch New TV Service Promising an Unparalleled Viewing Experience

    7/28/09 - Licensing / Contract - View Story

  • SureWest to Launch New TV Service Promising an Unparalleled Viewing Experience

    7/28/09 - Product Announcement - View Story

  • SureWest Deploys Adtran Solutions for Carrier Ethernet Service Delivery

    7/21/09 - Licensing / Contract - View Story

  • SureWest Selects AdTran for Carrier Ethernet Service Delivery

    7/17/09 - Licensing / Contract - View Story

News & Analysis

networking and surewest communications - All News and Analysis

Decision Makers

Name (plus bio) Position
Steve C Oldham CEO
Bill M. Demuth Senior Vice President Chief Technology Officer
Dan T. Bessey CFO
Fred A. Arcuri Senior Vice President, Coo
Philip A. Grybas Senior Vice President, Cfo
Tim Dotson Vice President, CIO
L. Scott Sommers Treasurer & Senior Vice President, Finance, Corp Dev
Scott Sommers Lee Senior Vice President, Finance & Corp Dev
Karlyn Oberg Vice President, Admin
Kenneth E Johnson Vice President, Gm, Operations, Kc
Peter C. Drozdoff Vice President Marketing Communications
Peter Villa Thomas Vice President Customer Operations
Scott K. Barber Vice President and Gm, Operations, Ca
Thomas P. Villa Vice President, Customer Operations
John R. Roberts Executive Director
Marsha Young Vice President, Human Resources
Matt Zuschlag Executive Director, Enterprise Initiatives
Laurel R. Dismukes Director, Benefits & Assistant Secretary
Misty Wells Manager, IR
Derrick Herrick Controller
Darla J Yetter Secretary
Martin T. McCue Assistant Secretary
Scott Sommers Treasurer

Board of Directors

Name (plus bio) Position
Kirk Doyle Chairman of the Board of Directors
Chris L. Branscum Board of Directors
Guy R. Gibson Board of Directors
Neil J. Doerhoff Board of Directors
Roger J Valine Board of Directors
Timothy D. Taron Board of Directors

Steve Oldham became president and CEO of SureWest Communications on January 1, 2006. As CEO, Oldham has led the efforts at SureWest to respond to profound change in the telecommunications industry driven by newly intense competition and the changing ways customers use services. In one of the most competitive regions of the country, Oldham guided the repositioning of SureWest into the most advanced IPTV, Internet and telephone provider in the markets it serves. As a result of this transformation, SureWest has experienced compound annual growth in broadband revenue of 25% over the last four years and, for the first time, its broadband business now exceeds the revenues of its telecommunications segment. Oldham joined SureWest's Board of Directors in January 2004 and was elected chair of the Audit Committee, serving from June 2004 through December 2005. Immediately prior to joining SureWest, Oldham served as a senior advisor to The Brattle Group, which provides consulting services and expert testimony on economic, finance, regulatory and strategic issues. He previously served 27 years with Sierra Pacific Resources in many capacities including senior vice president for strategic planning and transmission services. He retired in 2002 as the company's senior vice president, energy services. Oldham earned a bachelor's degree in accounting in 1976 from the University of Utah after spending three years in the United States Army Security Agency. He currently serves as vice chairman for the United States Telecom Association, whose 18 members represent over 800 companies across the U.S. Oldham is past president of the Board of Directors of the WARC, an organization providing services to developmentally disabled adults in Northern Nevada.

Organization Position Status
SureWest Communications CEO Current
Surewest Launches Wireless Unlimited President and Chief Executive Officer, Surewest Communications and Its Subsidiaries Current
SureWest Communications President Current
Surewest Launches Wireless Unlimited Board of Directors Current
United States Telecom Association Vice Chairman Current
SureWest Communications Board of Directors Current
The Brattle Group, Inc. Senior Advisor Former

Organization Position Status
SureWest Communications Senior Vice President Chief Technology Officer Current

Organization Position Status
SureWest Communications CFO Current
SureWest Communications Vice President, Finance Current

Organization Position Status
SureWest Communications Senior Vice President, Coo Current

Organization Position Status
SureWest Communications Senior Vice President, Cfo Current

Organization Position Status
SureWest Communications Vice President, CIO Current

Organization Position Status
SureWest Communications Treasurer & Senior Vice President, Finance, Corp Dev Current
SureWest Communications Board of Directors Current
SureWest Communications Treasurer & Vice President Former
Cantor Fitzgerald Managing Director of Investment Banking Former

Organization Position Status
SureWest Communications Senior Vice President, Finance & Corp Dev Current
SureWest Communications Vice President, Treasurer Former

Organization Position Status
SureWest Communications Vice President, Admin Current

Organization Position Status
SureWest Communications Vice President, Gm, Operations, Kc Current

Organization Position Status
SureWest Communications Vice President Marketing Communications Current

Organization Position Status
SureWest Communications Vice President Customer Operations Current

Organization Position Status
SureWest Communications Vice President and Gm, Operations, Ca Current

Organization Position Status
SureWest Communications Vice President, Customer Operations Current
Surewest Launches Wireless Unlimited Vice President, Customer Operations, Surewest Communications and Its Subsidiaries Current
SureWest Communications General Manager Former
AirTouch Communications Former
University of San Francisco Master's Degree In Finance Former
California State University Bachelor's Degree Former

Organization Position Status
SureWest Communications Executive Director Current
SureWest Communications Board of Directors Current

Organization Position Status
SureWest Communications Vice President, Human Resources Current

Organization Position Status
SureWest Communications Executive Director, Enterprise Initiatives Current

Organization Position Status
SureWest Communications Director, Benefits & Assistant Secretary Current
SureWest Communications Manager, Retirement Benefits & Assistant Secretary Former

Organization Position Status
SureWest Communications Manager, IR Current

Organization Position Status
SureWest Communications Controller Current

Organization Position Status
Surewest Launches Wireless Unlimited Corporate Secretary and Assistant To the President, Surewest Communications and Its Subsidiaries Current
SureWest Communications Secretary Current
SureWest Current
SureWest Communications Board of Directors Current
California State University Bachelor's Degree In Finance Former

Organization Position Status
SureWest Communications Assistant Secretary Current
SureWest Communications Board of Directors Current

Organization Position Status
SureWest Communications Treasurer Current
SureWest Communications Treasurer Former

Organization Position Status
SureWest Communications Chairman of the Board of Directors Current
Surewest Launches Wireless Unlimited Chairman of the Board, Surewest Communications and Its Subsidiaries Current
Granite Community Bank Chairman Current
Roseville Chamber of Commerce Director Former
Western Sierra Bancorp Director Former
Roseville Board of Directors Former
California State University Former
California State University Sacramento Former

- Chris Branscum, Chairman and CEO of Wavestream, has extensive experience in all aspects of managing, financing and launching high technology companies. Branscum is also a Managing Director of Hallador Venture Partners LLC, a manager of private equity investments. He served as Chairman and later President and CEO of Repeater Technologies, a supplier of infrastructure equipment for wireless communications networks. He was the originating venture investor and director of Volterra Semiconductor (NASDAQ: VLTR), a pace-setting supplier of advanced switching regulators. He was a founding investor and director of Endgate (now Endwave, NASDAQ: ENWV), a leading supplier of RF subsystems and components to the wireless telecommunications infrastructure markets. He has previously served the Board of Directors of SureWest Communications (NASDAQ: SURW). Branscum was a Partner with Arthur Young & Company (now Ernst & Young). He earned a juris doctor from University of Pacific's McGeorge School of Law, and a bachelor of science in business administration from California State University, Sacramento.

Organization Position Status
Hallador Venture Partners, LLC Managing Director Current
SureWest Communications Board of Directors Current
Wavestream Corporation Chairman, President and Chief Executive Officer Former
Arthur Young, Inc. Partner Former
Volterra Semiconductor Corporation Director Former
McGeorge School of Law, University of the Pacific Juris Doctor Former
University of the Pacific J.D. Former
California State University Bachelor of Science In Business Administration Former

Organization Position Status
SureWest Communications Board of Directors Current

Organization Position Status
SureWest Communications Board of Directors Current

Organization Position Status
Vision Service Plan Current
DaVita, Inc. Director Current
American Specialty Health, Inc. Director Current
SureWest Communications Board of Directors Current

Organization Position Status
SureWest Communications Board of Directors Current

Executive News

  • SureWest to Participate in Cowen and Company Technology Media & Telecom Conference

    Forbes.com - 5/26/09 - View Story

  • SureWest to Participate in Cowen and Company Technology Media & Telecom Conference

    PR Newswire - 5/26/09 - View Story

  • SureWest investment in back-office automation pays off

    Telephony - 5/13/09 - View Story

  • SureWest Employees Expand Foundation to Aid Local Non-Profits in Kansas City Region

    Reuters - 5/13/09 - View Story

  • SureWest Employees Expand Foundation to Aid Local Non-Profits in Kansas City Region

    PR Newswire - 5/13/09 - View Story

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     SURW $8.74 -0.67 (-7.12% )
Average Volume 27,842
Shares Outstanding 14.17M
Market Cap 123.8M
Year High 14.83
Year Low 6.2
Earnings Per Share -0.06
P/E Ratio -145.67
Dividend 1.00
Yield 11.44
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