idt spectrum (winstar)
IDT Spectrum Inc. Names Peter B. Atwal, President, Engineering and Operations Entrepreneur and Telecommunications Standards Expert Joins Recently Formed IDT Corporation Subsidiary
Newark, N.J., April 28, 2005 – IDT Spectrum Inc. today announced the appointment of Peter Atwal as President of Engineering and Operations. Mr. Atwal was most recently Vice President – New Ventures Development for Military Commercial Technologies Inc. (Milcom). IDT Spectrum Inc. is the recently formed subsidiary of IDT Corporation that operates and markets wireless spectrum products and solutions. IDT Corporation (NYSE: IDT, IDT.C) is an international telecom, entertainment and technology company.
IDT Spectrum is the largest holder of commercial high frequency exclusively licensed fixed wireless spectrum in the United States. On average, IDT holds more than 500 MHz of spectrum in the top 200 U.S. markets and approximately 940 MHz in the top 50 markets.
"IDT Spectrum began operations with significant spectrum assets. Now we're in the process of building a brilliant management team," said Jim Courter, IDT's CEO. "The increasing demand for spectrum has made those assets very valuable. As IDT Spectrum's President of Engineering and Operations, Peter Atwal will help develop and market IDT's spectrum."
While at Milcom, Mr. Atwal created and founded nine start-up ventures, including MeshNetworks, TelAsic, Realvue, and Skycross. Mr. Atwal also founded ISR Global Telecom (ISRGT), a venture backed, private company whose focus is network management for the telecommunications industry. Prior to founding ISRGT, Mr. Atwal worked for Siemens, where he was responsible for Operations, Administration and Maintenance, and for software subsystem development for the EWSD class 5-voice switch, one of the most deployed switching systems in the world.
"Peter Atwal is that rare telecommunications executive who combines the best qualities of a manager, entrepreneur, and technologist," said John C. Petrillo, CEO of IDT Spectrum Inc. "Not only has he founded successful hi-tech companies but he's also played a key role in the development of advanced communications hardware."
IDT Corporation, through its IDT Telecom subsidiary, is a facilities-based, multinational carrier that provides a broad range of telecommunications services to retail and wholesale customers worldwide. IDT Telecom, by means of its own international telecommunications backbone and fiber optic network infrastructure, provides its customers with integrated and competitively priced international and domestic long distance and domestic all-distance telephony and prepaid calling cards. IDT Entertainment is the IDT subsidiary focused on developing, acquiring, producing and distributing computer-generated and traditionally animated productions and other productions for the film, broadcast and direct-to-consumer markets. IDT Capital is the IDT division principally responsible for the Company's initiatives in radio broadcasting, brochure distribution and new technologies. Net2Phone, Inc., a subsidiary of IDT Corporation, is a leading provider of high-quality global retail Voice over IP services and offers a fully outsourced cable telephony service to cable operators allowing cable operators to provide residential phone service to their subscribers. |
