BELLEVUE, Wash., Nov 10, 1999 (BUSINESS WIRE) -- NEXTLINK
Communications, Inc. (Nasdaq:NXLK), an emerging national leader in
broadband communications services, announced the addition of Peter
Campbell as the company's chief information officer and Gary Begeman as
vice president and general counsel.
"I'm very pleased to have Gary and Peter join the NEXTLINK team as they
both bring enormous talent and expertise to their respective
positions," said NEXTLINK Chairman and Chief Executive Officer Dan
Akerson. "The combination of NEXTLINK's success to date, and the
enormous opportunity before us, continues to attract the industry's
brightest stars."
Peter Campbell comes to NEXTLINK after a twenty year career with
Southern New England Telephone (SNET) and Southwestern Bell where he
held numerous positions in operational management including
provisioning, network maintenance, regulatory, information services and
finance. Most recently he served as Southwestern Bell's Executive
Director of Merger Planning and Program Management where he was
responsible for planning and program implementation of information
services during the company's acquisitions of Pacific Bell, SNET and
Ameritech.
"Peter is a very important addition to NEXTLINK, particularly at this
stage of the company's development," continued Akerson. "NEXTLINK has
already developed back office capabilities that will support the
current business, but for us to realize billing and back office systems
as a true sustainable competitive advantage, we must aggressively and
quickly move to the next level."
Gary Begeman joins NEXTLINK from Nextel where he served as vice
president and deputy general counsel. In this role he was involved in
numerous bank, high-yield and equity financing transactions in which
Nextel raised over $10 billion in funding to build its national
wireless network. Prior to joining Nextel, he was a partner in the law
firm of Jones, Day, Reavis & Pogue where he specialized in corporate
finance and securities law.
"While at Nextel, I worked closely with Gary and I am certain he will
be a strong addition to our team," continued Akerson. "His broad range
of experiences will serve NEXTLINK well in the years ahead."
NEXTLINK was founded in 1994 by telecommunications pioneer Craig O.
McCaw to provide high quality, broadband communications services to
businesses over fiber optic and broadband wireless facilities across
the United States. NEXTLINK currently is providing service in 47
markets.
NEXTLINK is the largest holder of broadband fixed wireless spectrum in
North America, with licenses covering 95 percent of the population in
the top 30 markets in the United States. NEXTLINK's wireless
capabilities will complement and extend the reach of its local fiber
optic networks in the markets in which NEXTLINK has spectrum.
Additionally, NEXTLINK, through a joint venture with McCaw's Eagle
River Investments, has acquired exclusive rights to use certain fibers
and a conduit throughout a 16,000-mile high-speed, IP-centric fiber
optic backbone network that will connect over 50 cities in the United
States and Canada. The network is expected to be completed in 2001,
with NEXTLINK turning on segments of the network as early as late 1999.
Through this unrivaled collection of facilities, NEXTLINK plans to
provide integrated, end-to-end telecommunications solutions to its
customers.
The statements contained in this release, which are not historical
facts, are "forward-looking statements" (as such term is defined in the
Private Securities Litigation Reform Act of 1995). Management wishes to
caution the reader that these forward-looking statements, regarding
matters that are not historical facts, are only predictions and are
subject to risks and uncertainties. No assurance can be given that the
future results will be achieved. Such risks include those identified in
the Company's Form 10-K for the year ended December 31, 1998 and other
reports and registration statements on file with the Securities and
Exchange Commission, and also include, but are not limited to, the
Company's ability to successfully market its services to current and
new customers, to design and construct fiber optic networks, install
cable and facilities, including switching electronics, to develop,
install and provision LMDS equipment and interconnect that equipment
with the Company's fiber networks and connect the networks, including
LMDS equipment to customers and to interconnect with existing local
exchange carriers, all in a timely manner, at reasonable costs and on
satisfactory terms and conditions, and certain risks related to the
Company's national network strategy.
Copyright (C) 1999 Business Wire. All rights reserved.
Distributed via COMTEX.
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CONTACT: Media and Industry Analysts
NEXTLINK Communications, Inc.
Todd Wolfenbarger, 425/519-3946 / 206/399-6770
or
Financial Analysts
Nancy Bacchieri, 425/519-8940
WEB PAGE: businesswire.com
GEOGRAPHY: WASHINGTON
INDUSTRY CODE: TELECOMMUNICATIONS
MANAGEMENT
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