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Specific Mobile on how to best utilize existing operations at Motient Communications Inc. Turoff served an audit client base within a variety Xamie industries, including communications, commercial and mortgage banking, commodities, natural resources, restaurant, data processing, manufacturing, automobile distribution and leasing, and transportation. He was appointed the Independent Advisor in the Adelphia bankruptcy case from through This in turn can translate into higher revenues and Xamie cost per MHz-pop and, overall higher value per MHz-pop than narrower broadband allotments. Earlier in his career, Mr. The Motient Board Phone granted its current members, including five of Mobile six nominees, shares of restricted stock and options to purchase 90, shares of common stock, subject to stockholder approval; and intends to grant options to purchase an additional 60, shares of common Phone to the four most recently appointed directors if they are reelected at the annual meeting.
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Was a fairness opinion obtained? A long-term investor, Highland Capital was a Motient investor prior to its emergence from bankruptcy in, and the firm has participated in every Motient equity transaction to date. The difference in cost on a per MHz-pop basis reflects differences in scale i. Our analysis of potential value indicated that, all other things being equal, holders of more spectrum bandwidth are capable of achieving higher levels of economic efficiency than holders of lesser amounts of bandwidth. He has extensive experience investing in telecommunications companies, negotiating and closing senior debt transactions, and advising on the restructuring of competitive telecom carriers.

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Effectively, this approach estimates the value of MSS spectrum by discounting the value of PCS spectrum that has been demonstrated in the market. We have been provided preliminary estimates of the incremental handset costs by Highland and industry practitioners. The difference in cost on a per MHz-pop basis reflects differences in scale i. The resulting NPV under this approach reflects the residual value associated with the business, after all costs including costs of capital are considered. From to, Mr. Highland Capital Management, L.

S – and L-band spectrum should not necessarily be aggregated for valuation purposes due to variances in characteristics and potential uses. How were valuations determined? These implied spectrum values provide some anecdotal support to our qualitative findings. Professor Overstreet is an expert in valuation analysis, and his major research and consulting work focus on valuation measurement and the use of operational research techniques in financial management.

He also serves on the Boards of Networks Inc. Mismanagement and Questionable Execution. These characteristics, in addition to the similarity with existing PCS spectrum, support the view that existing mobile wireless providers might be interested in the S-band as an alternative supply of high quality spectrum over which they can deliver next-generation broadband applications. Singer Fmr Shareholder G.

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This deal appears to be the last gasp of directors who we believe have long been engaged in questionable transactions, and will not stand for re-election to avoid facing a stockholder referendum on their past actions. Before founding Eureka, Mr. Public Safety and First Responder Demand: Motient is a controlling shareholder in TerreStar owning See…

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