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I have to admit, this is incredibly speculative but could become interesting: IDT announced that it appointed John Petrillo, a former AT&T VP, as CEO of IDT Spectrum. The press release makes it sound like IDT Spectrum is just being formed, but this story from 2003 also describes the formation of an IDT subsidiary that sounds the same. IDT Spectrum claims to be the largest holder of high frequency licenses in the U.S. Those licenses came primarily from Winstar, the failed LMDS operator. EuroTelcoblog reports that Petrillo was involved with Mesh Networks, which recently was bought by Motorola. It’s unclear if Petrillo will continue to lead IDT Spectrum’s leasing business or if IDT, which operates a variety of telecom businesses including one that offers low-cost local, long distance, and calling card services in the U.S., has plans to actually use some of the LMDS spectrum itself.
Posted by nancyg at April 7, 2005 3:40 PM
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