Polarcom
| Type | Public |
|---|---|
| Industry | Telecommunications |
| Genre | Telecommunications, Mass Media |
| Predecessor | Polaris Telephone Company |
| Founded | 1918 (as Polaris Telephone Company), 1976 (as Polarcom) |
| Founder(s) | William Kennedy Wacker |
| Headquarters | Polaris City, Federal Republic of Polaris |
| Number of locations | 1005 |
| Area served | Federal Republic of Polaris, United States of Antarctica, UnitedTerra, Calada, AU, Dorkugal, MAI |
| Key people | Connor Wacker-Monroe (CEO), Karen Genoa (CFO) |
| Services | Television, Radio, Internet, Cellular Phone |
| Revenue | $58.73 billion (PLD) (2011) |
| Operating income | $7.91 billion (PLD) (2011) |
| Net income | $5.95 billion (PLD) (2011) |
| Total assets | $41.65 billion (PLD) (2011) |
| Total equity | $23.47 billion (PLD) (2011) |
| Owner(s) | Polarcom Inc. |
| Employees | 97,625(2011) |
| Parent | Polarcom Inc. |
| Divisions | Polarcom International (AU, Calada, UnitedTerra, Dorkugal, MAI) |
| Website | http://polarcom.aq |
Polarcom Inc., (PSX:PCO,SPSE:PCI)is one of the Federal Republic of Polaris' largest telecommunications companies, and also operates as Polarcom International in the AU, Calada, UnitedTerra. Dorkugal, and the MAI. Polarcom Inc. operates in the field of wireless communications, cable and satellite television, home and cellular phones and internet. The company also has several other telecommunications and mass media assets both within the Federal Republic of Polaris, and internationally. The company also owns several television networks, such as Polarvision, Penguin TV (Polaris), and has a minor stake in CBN (20.55%).
Polarcom's primary competitor is Jensen, another major Polarian telecommunications conglomerate, and has several mass media and telecommunications assets, similar to Polarcom. The two companies compete predominantly within New Westshield,Enderby, Snowville and Millsburg. Nationally, Polarcom's competitors include Orbit Communications and ContinentalStar.
Contents
History[edit]
Polarcom Inc. first began as Polaris Telephone Company in 1917, as a break-off company of the Antarctic Telephone Company, which had been founded in 1909 by the Khanzem regime whilst Polaris and the majority of the Antarctic continent was under the rule of Whoot Smackler Whoot. A majority stake (55%) in the Polaris Telephone Company was owned and subsidized by the Kingfish regime, which governed Polaris until 1945. The remainder of the shares were held by private investors and shareholders. With the fall of the Kingfish regime in 1945, the new Polarian administration sold the shares to the Antarctic Telephone Company, in order to increase the assets of the new administration. By 1947, the Polaris Telephone Company had 13.24 million subscribers within the Federal Republic of Polaris alone.
The Polaris Telephone Company acquired several television and radio stations within the Polaris region, including two local Polarian television stations (CPLS-TV, CNPN-TV), as well as sixteen radio stations in Polaris City, Snowville, Penguville, and Enderby City. The purchase of the mass media outlets allowed for the Polaris Telephone Company to gain more assets and equity, and allowed for the expansion of the company to its first overseas market, Calada. In 1976, new corporate governance emerged following a corporate coup d'etat, in which the entire executive management of the company had been laid off, due to mismanagement of assets and several disastrous investments. The new CEO, Timothy James Wacker, the cousin of the preceding CEO had changed the name of the company to Polarcom Inc., in order to seem more attractive to investors, and to consumers on the international scale.
Polarcom Inc. was also heavily involved the experimental testing done with commercializing the internet throughout the 1980s, and began offering commercialized dial-up internet in 1986. By 1994, the Polarcom dial-up internet services had increased to 2.9 million subscribers, and sextupled by 1998. Mobile phone networks had also been set up by Polarcom throughout the early 1990, and had been made available to the public by 1993. In 1999, the total number of cell phone subscribers had skyrocketed to 2.756 million from 24,000 in 1993.
In the late 1990s, Polarcom began to offer cable services, initially in Polaris, but then internationally. Dial-up demand decreased as more customers were switching to Polarcom's cable offering, which also offered TV and phone bundled at little cost. However, Polarcom, claiming that they didn't have enough money to satisfy demand for cable from areas they served still have a fair amount of dial-up subscribers to this day.
Corporate structure[edit]
Assets and divisions[edit]
Polarcom Cable[edit]
Polarcom Cable is a major operating division of Polarcom, accounting for 24.77% of annual revenue. Polarcom Cable provides television access an provides a variety of channels, depending on the package subscribers select. The division had began in 1985, when cable television began to overtake over-the-air television networks. Today, as a result of the Television Digitalization Act of 2004, the government had forced all television broadcasters to cancel analog television services in favour of Internet and Cable television. In 2009, Fivision was introduced, and provides increased television access through the use of wireless routers and cables, which currently accounts for a third of all Cable subscribers.
Polarcom Satellite[edit]
Polarcom Satellite is a satellite-based television service provided by Polarcom, which was launched in 1990, with the rise of Satellite television, currently 14.44% of total television subscribers utilize satellite television, since Fivision and Cable services are generally more inexpensive compared to Satellite television. Polarcom Satellite further operates XP SatRadio, free to any subscribing Polarcom Satellite customer, and broadcasts several international and local radio stations across the continent. Satellite television provided by Polarcom International is available in all AU countries, Calada, Freezeland, Dorkugal and the MAI.
Polarcom Mobile[edit]
Polarcom Mobile is the celluar phone division of Polarcom, and presently provides more than 33.58 million subscribers, handling 68.5% of total cell phone subscriptions within the Federal Republic of Polaris. The company provides one of the highest bandwidths within Antarctica, along with the most expansive network of cell coverage, reaching approximately 99.97% of all Polarians. The division was founded in 1989, with the introduction of a 1G network in Polaris, Snowville, Penguville and Enderby City. Polarcom had a monopoly on the Polarian mobile phone market until 2002, in which Jensen was able to set up it's own network. Polarcom Mobile further provides international coverage within the United States of Antarctica as a result of a $236 million contract with Antarctic telephone provider ArcTel. In Calada, the AU (exception of Alemania) and Dorkugal, Polarcom operates mobile service in independent subsidiaries of Polarcom, based and operated within each country. Up to 35.67% of all cell subscribers (approximately 66.56 million) utilize Polarcom affiliates.
