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I-Link net loss rose in 2000; operating revenues also down

DRAPER — Voice and data communications company I-Link Inc. said this week it had a net loss of $25.8 million, or $1.03 per share, in 2000. That compares with a net loss of $24.7 million, or $1.57 per share, in 1999.

Operating revenues for the year were $30.4 million, down from $32.6 million in 1999. That was despite a strong increase in technology licensing and network partnering and development revenues, which were up 258 percent over 1999 to $9 million.

The company's stock price was 56 cents at Thursday's close, up 15 cents during the day. In the past year, the price has slipped from a high of $15.62 to as low as 25 cents.