Prodigy Communications Corp is a nationwide Internet service provider that provides fast and reliable Internet access and other Internet-based services. Prodigy's nationwide Internet service has a customer base of 2.8 million owned and managed subscribers as of December 31, 2000. Prodigy has nationwide brand recognition and customer acquisition not available to regional and local Internet service providers through its marketing and strategic relationship with SBC Communications, one of the world's largest telecommunications providers. Prodigy utilizes a nationwide network covering over 850 locations in all 50 states. This network allows approximately 90% of the United States population to access Prodigy's services with a local telephone call. Prodigy believes its scalable technology and business model allow it to grow cost-effectively without significant capital expenditures. In November 2001, the Company was acquired by SBC.
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