Past Investments
Brooks Fiber Properties (Competitive Access Provider)
Investors in Brooks Fiber included M/C II, Centennial Ventures, Providence Equity Partners, and One Liberty Ventures. M/C's investment was $12.4 million made in 1993. The company held an initial public offering (IPO) in March of 1996 and was sold to WorldCom in 1997.
Cellular One of East Texas
Cellular One of East Texas was formed in 2004 to acquire the TX-11 A-band RSA from Cingular Wireless. The Company is a wireless carrier operating on a GSM network in East Texas markets including Lufkin and Nacodoches.
Crowley Cellular Telecom (MSA Cellular)
M/C I was the sole investor in this mobile wireless voice company with a $16.4 million investment made in 1986. Its individual markets were sold to cellular companies McCaw Cellular, U.S. Cellular, and others.
Frontiervision Cable
Frontiervision was a cable television consolidation in the New England, Virginia, Ohio and Kentucky markets. The company was acquired in 1999 by Adelphia for over $2 billion.
Fusepoint
We provide a complete range of managed hosting products and services that enable our customers to outsource their entire IT infrastructures. As an executive, you face ongoing challenges ranging from growing your business in an uncertain economy to improving consumer confidence while outpacing your competition. With so many other responsibilities, business leaders are recognizing that outsourcing their ever changing IT needs provides sound market advantages.
Horizon Cellular
Horizon Cellular Group was a wireless operator in a variety of markets around the US. The company's properties were sold to strategic buyers for over $500 million.
NuVox Communications
NuVox Communications is a facilities-based competitive local exchange carrier targeting small and medium-sized customers large enough to be served through T-1 level access in the Midwest and Southeast. NuVox has consistently achieved growth and improved operating performance organically as well as through strategic mergers. NuVox merged with NewSouth, a CLEC serving several Southeastern states, in May 2004 and Florida Digital Network, a CLEC largely serving Florida and Georgia, in May 2007.
Phone Michigan (CLEC)
M/C III was the sole investor in Phone Michigan, with an investment of $7.7 million made in 1996. It was merged with Ovation Communications and sold to McCleodUSA, a publicly traded company.
TeleCorp Holding Corporation (PCS)
Investors in Telecorp included M/C III, J.H. Whitney, J.P. Morgan, Hoag Capital, and Desai Capital. M/C's investment was $20 million made in 1996. The company held an initial public offering (IPO) and was eventually sold to AT&T Wireless.
Triad Cellular (RSA Cellular)
M/C II was the sole investor in Triad, with an investment of $22.8 million made in 1992. It was sold to Western Wireless (a publicly traded company).
Triton Cellular
Triton Cellular provided mobile wireless services covering over 2 million people. Rural Cellular Corporation acquired Triton for $1.24 billion in 1999.
Western Wireless
Western Wireless was a rural cellular operator with markets in 19 states. The company was acquired in 2005 by Alltel for approximately $6 billion.
WNP Communications
WNP acquired LMDS spectrum from the FCC to provision high bandwidth wireless services. Nexlink Communications, the predecessor of XO Communications acquired WNP in 1999.
