Former Pac Tel Cellular CEO Joins Network Installation Advisory Board20 December 2004
Network Installation CEO Michael Cummings stated, "We are extremely excited about having an individual with Jeff's stature on our team. His accomplishments in wireless communications speak for themselves and Network Installation can only benefit from his experiences and insight. He will be a valuable asset to the Company as we progress forward."
Jeff Hultman commented, "I'm delighted to join the Network Installation Advisory Board. The Company has a strong team of successful professionals who have demonstrated success in a large market segment. The wireless communications and telecom industries are collectively poised for another period of rapid growth and require the services provided by Network Installation. I look forward to assisting the Company in the expansion of their business to meet those demands. I believe my experience in building wireless systems will be of great assistance to the Company."
From 1987 to 1991, Jeff Hultman served as CEO of Pac Tel Cellular where he managed Pac Tel cellular properties in the United States and oversaw operations and business development which included over 2,500 employees in Atlanta, Detroit, Los Angeles, Oakland, Sacramento and San Francisco. During his tenure as CEO, revenues increased from $100 million to over $1.0 billion in three years. He directed Pac Tel's successful efforts to win the West Germany and United Kingdom PCS licenses over a dozen other applicants on the strength of a superior business plan and detailed technical system design for both countries.
In 1991 Mr. Hultman became CEO of Dial Page, Inc. a wireless provider throughout the Southeast, offering paging and digital mobile telephone services. While at Dial Page, he expanded the paging operations throughout seven states by multiple acquisitions and internal growth and achieved a cumulative growth rate in paging of 20% per year, increasing pagers in service from 148,000 to 360,000. He managed over 450 employees and achieved revenues of over $75 million with 38% margins and average revenue per pager of $21, approximately double the industry. Ultimately, Mr. Hultman converted a series of limited partnerships into a corporation and took Dial Page public leading four successful public offerings which raised over $50 million in public and private equity sales, $650 million through public sale and private placement of high yield debt. In August 1995, he successfully negotiated the sale of the paging business to MobileMedia Communication, Inc. and a merger of subsidiary Dial Call with Nextel Communications, Inc. in February 1996. Combined value of these two transactions was in excess of $1 billion. Mr. Hultman attained his Bachelor of Science Degree in Agricultural Economics in 1961 and Master of Science Degree, in Business Management in 1962, at the University of California, Davis. He currently serves a director on the board of several organizations including Comarco Inc., an Irvine, CA-based wireless performance engineering company.
About Network Installation Corp.
Network Installation Corp. provides communications solutions to the Fortune 1000, Government Agencies, Municipalities, K-12 and Universities and Multiple Property Owners. These solutions include the design, installation and deployment of data, voice and video networks as well as wireless networks including Wi-Fi and Wi-Max applications and integrated telecommunications solutions including Voice over Internet Protocol (VoIP) applications.
Source: dBusinessNews San Francisco
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