BNET Industries
Market Cap:$5.7M
Last Fiscal Year Sales:$54.5M
- Public
- US
Dow Jones Description
This company is in touch with modern wireless demands. Founded in 1977 and headquartered in Fort Worth, Texas, Teletouch Communications, Inc. is a provider of wireless telecommunications services. The company previously spent a great deal of energy offering paging and messaging services, but as demand declined it started focusing more on two-way radio service and telemetry services. It generally operates in the southeast U.S.. Teletouch Communications, Inc. has annual revenue of about $24.7 million and employs approximately 120 people. Recently, the company was awarded a $150,000 two-way radio deal with CareFlite.
President and Chief Executive Officer
J. Richard CarlsonNumber of Employees 230
Peer Companies
NAICS Code Cellular and Other Wireless Telecommunications: 517212
Recent Events
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Teletouch Reports First Quarter 2010 Fiscal Year Results
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Hawk Electronics sues AT&T for $100 million over iPhone spat
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Teletouch Reports Audited 2009 Fiscal Year Results on Form 10-K
News & Analysis
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teletouch communications inc. - All News and Analysis
Teletouch - Hawk Electronics Division Takes the Court as the Exclusive Mobile Electronics Sponsor for the Dallas Mavericks
- 2007-12-03
FORT WORTH, Texas -- Teletouch Communications, Inc. (Pink Sheets:: TLLE), a leading U.S. cellular and mobile electronics retailer today announced that its Hawk Electronics division has partnered with the Dallas Mavericks as its official mobile electronics retailer and an official sponsor of its Mavs.com Web site. The sponsorship will provide...
Teletouch Schedules Release of Its 2005 and Amended 2004 Annual Reports for Tuesday, November 8, 2005; Form 10-K/A for Fiscal 2004 Statements Include Amended and Restated Results for 2002 and 2003
- 2005-11-04
TYLER, Texas -- Teletouch Communications, Inc. (AMEX: TLL) announced today that it plans to file its amended Annual Report on Form 10-K/A for fiscal 2004, as well as its Annual Report on Form 10-K for fiscal 2005 on Tuesday, November 8, 2005. The amended Annual Report on Form 10-K/A for...
Teletouch Releases Preliminary Unaudited 2005 Results of Operations Pending Filing of Delinquent Annual Report
- 2005-09-07
TYLER, Texas -- Teletouch Communications, Inc. (AMEX:TLL) today released preliminary unaudited financial information in the interest of providing information to its shareholders with respect to the year ended May 31, 2005. The Company released this information in light of its previous announcement that it is delinquent in the filing of...
Teletouch Reports Financial Results for Third Quarter 2005
- 2005-04-22
TYLER, Texas -- Teletouch Communications, Inc. (AMEX:TLL) today reported on its results for the third quarter and nine months ended February 28, 2005. Total revenue for the third quarter was down approximately 10.4% to $5.9 million compared with $6.6 million in the third quarter of fiscal 2004. Cash and Cash...
Teletouch Wins FCC Auctions for 32 Paging Licenses in 900 MHz Spectrum
- 2000-03-03
Business Editors/Technology Writers TYLER, Texas--BUSINESS WIRE--March 3, 2000 Teletouch Communications, Inc. (AMEX:TLL) today announced that it was the winning bidder for 32 paging licenses auctioned by the FCC for the 900 MHz spectrum. The 900 MHz licenses will provide significant paging capacity for all of Teletouch's current markets...
J. Kernan Crotty Named Chief Financial Officer of Teletouch Communications, Inc
- 1998-11-06
TYLER, Texas--BUSINESS WIRE--Nov. 6, 1998--Teletouch Communications, Inc. (AMEX:TLL) today announced that J. Kernan Crotty has joined the Company as chief financial officer. Mr. Crotty succeeds Thomas McLemore who resigned from the Company to pursue other interests. "Kernan Crotty brings more than 30 years of financial management experience to Teletouch...
Teletouch Sells 20 Towers For Approximately $8.7 Million
- 1998-01-28
TYLER, Texas--BUSINESS WIRE--Jan. 28, 1998-- Proceeds To Reduce Debt and Increase Future Financing Options Teletouch Communications, Inc. (Nasdaq:TELL) today announced that it has sold 20 communication towers for approximately $8.7 million. Proceeds from the tower sale will be used to reduce company...
Teletouch Names Michael Rosen Chief Financial Officer
- 1996-02-27
TYLER, Texas--BUSINESS WIRE--Feb. 27, 1996--Teletouch Communications, Inc. (Nasdaq:TELL) today announced that Michael Rosen has joined the Company as Executive Vice President and Chief Financial Officer."Michael Rosen will direct Teletouch's accounting, finance, cash management, budgeting and SEC reporting," stated Robert M. McMurrey, Chairman and Chief Executive Officer of Teletouch Communications....
Teletouch Communications Inc. receives $19 million term loan from Greyhound Financial
- 1994-12-29
TYLER, Texas--BUSINESS WIRE--Dec. 29, 1994--Teletouch Communications Inc. (NASDAQ:TELL;BSE:TLL) Thursday announced that it has received a term loan from Greyhound Financial Corp. for $19 million. Together with the net proceeds of the company's initial public offering, the loan was used to acquire two paging companies. The loan...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| J. Richard Carlson | President and Chief Executive Officer |
| Thomas A. Hyde | CEO |
| Douglas E. Sloan | Interim CFO |
| Michael Batis | Vice President, Engineering |
| Nancy Andersen | Vice President, Human Relations |
| Clifford E. McFarland | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Robert M. McMurrey | Chairman |
| Henry Toh | Board of Directors |
| Marshall G. Webb | Board of Directors |
| Susan Stranahan Ciallella | Board of Directors |
J. Richard Carlson began his role as CEO and President of Wireless Matrix in May, 2004. He is the former President and Chief Executive Officer of Teletouch Communications Inc., a publicly traded wireless communications firm based out of Tyler, Texas, where he led a dedicated paging company through a challenging transition to a multi-product and wireless service distribution company. Mr. Carlson was most recently the President, Chief Executive Officer and a Director of U.S. Inspect, LLC, the United State's largest non-franchise home inspection business. He holds an MBA from Georgetown University.
| Organization | Position | Status |
|---|---|---|
| Wireless Matrix Corporation | CEO & President | Current |
| Teletouch Communications, Inc. | President and Chief Executive Officer | Current |
| Dspcon Incorporated | President and CEO, Wireless Matrix | Current |
| Dspcon Incorporated | Board of Directors | Current |
| U.S. Inspect, Inc. | President, Chief Executive Officer and Director | Former |
| Georgetown University | M.B.A Degree | Former |
| University of Virginia | Undergraduate Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Teletouch Communications, Inc. | CEO | Current |
| Teletouch Communications, Inc. | Board of Directors | Current |
| Progressive Concepts Inc. | CEO | Former |
| Organization | Position | Status |
|---|---|---|
| Progressive Concepts Inc. | CFO | Current |
| Teletouch Communications, Inc. | Interim CFO | Current |
| Teletouch Communications, Inc. | Controller & Secretary | Former |
| Organization | Position | Status |
|---|---|---|
| Teletouch Communications, Inc. | Vice President, Engineering | Current |
| Organization | Position | Status |
|---|---|---|
| Teletouch Communications, Inc. | Vice President, Human Relations | Current |
| Organization | Position | Status |
|---|---|---|
| Teletouch Communications, Inc. | Chairman | Current |
| Teletouch Communications, Inc. | Board of Directors | Current |
Mr. McFarland is one of the co-founders of IIBEX Ltd. Mr. McFarland co-founded McFarland, Grossman & Company, Inc., an investment banking firm in Houston, Texas in 1991. Mr. McFarland co-founded The Watkins Group, a merchant banking firm in Little Rock, Arkansas, where he served as a Managing Director from 1986 until 1991. Prior to that, he was a co-founder of McFarland & Jones, a management consulting firm in the franchise industry. Mr. McFarland is a director of Teletouch Communications, Inc. (AMEX: TLL) and Progressive Concepts Communications, Inc. Mr. McFarland was elected and served on the Board of Directors of the National Investment Banking Association for three years and co-manages the statewide Texas Investment Forum in Austin each year. He earned a Bachelor of Science in Business/Public Affairs from the University of Houston/Clear Lake.
| Organization | Position | Status |
|---|---|---|
| Iibex, Ltd. | Co-Founders | Current |
| Iibex, Ltd. | Chairman | Current |
| Litmus, LLC. | Director | Current |
| Teletouch Communications, Inc. | Director | Current |
| Grossman, Inc. | Co-Founder | Former |
| McFarland & Company, Inc. | Co-Founder | Former |
| National Investment Banking Association, Inc. | Board of Directors | Former |
| Public Affairs LLC | Bachelor of Science In Business | Former |
| Clearlake | Bachelor of Science In Business | Former |
| The University of Houston | Bachelor of Science In Business | Former |
| Organization | Position | Status |
|---|---|---|
| International Ltd | Officer | Current |
| iDNA Inc. | Director | Current |
| American Surgical Assistants, Inc | Board of Directors | Current |
| Isolagen, Inc. | Board of Directors | Current |
| Teletouch Communications, Inc. | Board of Directors | Current |
| Labock Technologies, Inc. | Director | Current |
| International Ltd | Director | Current |
| Vaso Active Pharmaceuticals, Inc. | Director | Former |
| Crown Financial Group | Director | Former |
| Rice University | B.A. In Economics | Former |
| Organization | Position | Status |
|---|---|---|
| Isolagen, Inc. | Board of Directors | Current |
| Teletouch Communications, Inc. | Board of Directors | Current |
| Teletouch Communications, Inc. | Director | Former |
| Organization | Position | Status |
|---|---|---|
| Teletouch Communications, Inc. | Board of Directors | Current |
Executive News
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Wireless Matrix to Announce Recent Seminal Customer Wins
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