Post 200: Top D.C.-Area Businesses

RCN Corp. / RCNI

RCN’s Network Operations Center in Lanham, Md.

RCN’s Network Operations Center in Lanham, Md. (Photo: Courtesy of company.)

About RCN Corp.

196 Van Buren St., Herndon, Va. 20170
www.rcn.com | 703-434-8200 | Founded: 1996

Industry: Telecommunications | Category: Public Companies

RCN provides cable, voice and Internet service in the Washington area as well as Chicago, Boston, New York and suburban Philadelphia. As part of its "analog crush," the company formerly called Starpower is moving its customers from analog to digital signals to increase channel offerings. With substantially fewer customers than Comcast, its goal is to offer more digital TV channels than Comcast or Verizon.

2008 Financial Data

Revenues: $739,243,000 | Net Income: $-70,726,000
Asssets: $1,025,460,000 | Earnings Per Share: $-1.91
Stockholder Equity: $16,371,000 | Annual Dividend: $0.00
Total employees: 1,500 | Local employees: 250
© The Washington Post Company