PSInet has posted net losses of $55.1 million or $1.40 a share for the year ended 31 December 31 1996, but managed to double the number of corporate accounts it handled in that period.
?Underlying the results for 1996 are record customer accounts, which indicates rapid growth in corporate Internet services," said chief financial officer Edward Postal. "The company?s corporate accounts grew from 8,200 to 17,800 during the year."
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