Harris and Associates

Wireless Telecommunications

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Harris and Associates

Wireless Telecommunications
Recent Assignments


Interim CFO Services

  • Served as CFO for Independent Wireless One, a Sprint affiliate in 2005. Restructured the company and successfully raised $290 million in financing, implemented integrated accounting systems, registered thecompany through a 144A registration, and sold company within one year at a 2-1/2 multiple to it's initial equity.
  • Served as interim CFO/Controller for several clients including affiliates of AT&T, Sprint, and Omnipoint/Voicestream.
  • Strategic Planning

    Developed over 100 operating models for individual BTA's and regional clusters related to the FCC PCS auctions. Models focused on maximum prices that could be paid to yield a specified return. Developed supporting financing strategy through vendor financing, equity, and high yield financing.

    Developed business model for Caribbean wireless company focusing on a land line replacement strategy.

    Completed strategic financing plan for wireless tower company.

    Developed strategic plan and investor presentations for wireless data company with a wireless e-mail product.

  • Capital Formation

    Spearhead completion if $150 M S-1 as part of an IPO.

    Negotiated and closed a $40 million financing package for PCS carrier.

    Developed strategic plan, investor presentations, and assisted in raising $20 million in equity financing for participant in FCC PCS auctions.

  • Valuations

    Developed extensive market valuations of BTA's in FCC PCS auctions.

    Studied valuation of minority interest in cellular market for California estate tax purposes.

    Provided valuation consulting with respect to C Block auction to US Government in General Wireless Case.

    Developed valuation of two internet application service providers.

    Developed valuations of several wireless companies in connection with shareholder appraisal rights.

  • Litigation Support and Expert Testimony

    Expert for plaintiff in patent case in which damages of $148 million were awarded.

    Expert for plaintiff in valuation of wireless agent's company in which damages of $4 million were awarded.

    Expert for plaintiff in shareholder's suit which was settled.

    Testified as expert as to wireless company valuations in Delaware Chauncery Court.

  • Other

    Developed acceptance testing of revenue assurance procedures for a PCS company implementing a billing and customer care application.

    Developed key driver assessment package for a wireless carrier.

    Developed regional financing control checklist for a PCS carrier.

    Served as project manager for PCS carrier implementing an integrated sales application reporting sales by distribution channel and product on a detailed basis.

    Monitored the billing conversion implementation plan for a Caribbean Telco employing convergent billing.

    Developed a financial and operational improvement plan for a wireless sales agent.

    Assessed alternative integrated accounting packages for ESMR provider.


Richard C. Harris
Harris & Associates
103 Station Avenue • Haddon Heights, NJ 08035
Phone: 856-546-5168 • Fax: 856-873-9288