IDT Corporation Names John C. Petrillo CEO of Newly Formed IDT Spectrum, Inc.; IDT Spectrum, Inc. To Market Spectrum Assets and Services
April 07, 2005 07:30 AM US Eastern Timezone
NEWARK, N.J.--(BUSINESS WIRE)--April 7, 2005--IDT Corporation (NYSE: IDT, IDT.C) today announced the appointment of John C. Petrillo, former Executive Vice President for Corporate Strategy & Business Development for AT&T, as Chief Executive Officer of IDT Spectrum Inc. IDT Spectrum is the recently formed division of IDT that operates and markets wireless spectrum products and solutions. IDT Corporation is an international telecom, entertainment and technology company.
"The increasing demand for wireless connectivity makes IDT's spectrum assets a valuable commodity," said Jim Courter, IDT's CEO. "John Petrillo's appointment as IDT Spectrum's CEO places those assets under the management of a gifted executive who has played a key role in the development and implementation of many advanced and innovative telecommunications technologies."
John C. Petrillo has played a leading role in the telecommunication industry for more than 30 years. As Executive Vice President at AT&T, Mr. Petrillo supervised the launch of new telecommunication products and services and was lead negotiator on many critical global and domestic telecom business relationships. He also held many significant operating positions and led strategic initiatives including the development of business strategies in the telephone services, cable and Internet industries. His educational credits include a Bachelor of Science degree in Electrical Engineering from Worcester Polytechnic Institute and a legal degree from Brooklyn Law School.
IDT Spectrum is the largest holder of commercial high frequency exclusively licensed, fixed wireless spectrum in the United States. |
