Canada-based telecom provider TerreStar names former Verizon Wireless CEO Dan Mead to its board as it looks to launch satellite- and cellular-based services
Longtime Verizon Communications executive Dan Mead is set to join the board of directors at Canada-based satellite and terrestrial telecommunications provider TerreStar Solutions.
Mead, who recently retired from Verizon, had 37 years of experience at the domestic telecom giant, having most recently served as EVP and president of strategic initiatives in heading up Verizon’s transfer of wireline operations in California, Florida and Texas to Frontier Communications. That deal was announced early last year and generated $10.5 billion for Verizon.
Prior to that position, Mead served as EVP, president and CEO of Verizon Wireless, before being replaced by John Stratton. Mead was initially tapped to head Verizon Wireless in 2010, where he replaced Lowell McAdam, who was moved up to COO of Verizon. Mead had previously served as EVP and COO at Verizon Wireless. McAdam moved up to the CEO position in 2011.
Verizon more recently named former O2 CEO Ronan Dunne as group president of its wireless division, where he will report to Stratton, who is currently EVP and president of operations. Dunne is set to replace David Small, who is moving to the company’s wireline business as head of its global wireline network operations.
TerreStar is licensed by government entity Innovation, Science and Economic Development Canada to provide satellite- and cellular-based mobile communications services across the country. The company claims to have access to 40 megahertz of spectrum in the upper 1.9 GHz band and 20 megahertz of mobile satellite spectrum to provide services.
“I believe TerreStar is on a path to deploy much-needed satellite and terrestrial wireless services in several underserved regions of Canada, and I’m very happy to joining the board of directors,” Mead said in a statement.
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