BNET Industries
Market Cap:$230.7M
Last Fiscal Year Sales:$29.1M
- Public
- US
Dow Jones Description
Investment Fund
President
Clifford M. NoreenContact Information
c/o Babson Capital Management LLC 1500 Main St Ste 600
Springfield, Massachusetts 01115
(413) 226-1516
Peer Companies
NAICS Code Floor Covering Stores: 442210
News & Analysis
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fcc and mci inc. - All News and Analysis
Around The States
- 2008-04-07
New Mexico The thousands of Navajo Nation residents who rely on the Internet to work, study and communicate across their 27,000-sq.-mi. reservation likely to be without Internet service starting April 7. A tribal audit last year reportedly revealed Utah-based provider OnSat Network Communications Inc. may have...
In Our Opinion: AT&T, MCI Verizon Continues To Harvest Customers
- 2007-02-20
The following feature is part of a larger report just released by activist group TeleTruth. Telecom Policy Report welcomes your comments on this subject. Please send them to Debra Wayne at dwayne@accessintel.com. In 2001, AT&T and MCI had 62 percent of households using their long- distance service. What...
Justice near OK of AT& T-BellSouth deal with no restrictions
- 2006-10-11
The Justice Department is expected to clear AT&T's $67 billion purchase of BellSouth as early as today without requiring any divestitures, say people with knowledge of the matter. Justice could still shift course and require some last-minute concessions, these people say. But the department typically acts on telecom mergers before...
In The United States, Recent Years Have Seen a Significant Degree of Consolidation amongst Telecommunications Operators Such As MCI Agreed To Be Acquired By Verizon Communications.
- 2006-10-04
M2 PRESSWIRE-4 October 2006-Research and Markets: In The United States, Recent Years Have Seen a Significant Degree of Consolidation amongst Telecommunications Operators Such As MCI Agreed To Be Acquired By Verizon CommunicationsC1994-2006 M2 COMMUNICATIONS LTD RDATE:06102006 Dublin - Research and Markets...
Looking Back: The Telecom Year In Review
- 2006-01-02
How 2005 Did And Didn't Shape Up Welcome to 2006. Right after New Year's Day is a traditional time for reflection, so Telecom Policy Report once again offers a glimpse at the past year's highlights (TPR, Dec. 22, 2004). The 2005 regulatory and legislative scene saw...
Hitting the merger pause button: AT&T and MCI were the big ones to watch in the long-distance industry, and now they've been gobbled up by Baby Bells. Are there lessons to be learned for wireless?
- 2005-11-15
WASHINGTON -- Wireless carriers could glean a lesson or two from last month's FCC approved of the SBC Communications/AT&T and Verizon Communications/MCI mergers, which marked an end to the two toughest long-distance competitors, analysts say. The wireless children of SBC and Verizon...
Hitting the Merger Pause Button (Wireless Week)
- 2005-11-15
AT&T and MCI were the big ones to watch in the long-distance industry, and now they've been gobbled up by Baby Bells. Are there lessons to be learned for wireless? WASHINGTON-Wireless carriers could glean a lesson or two from last month's FCC...
Telcos need 'naked' DSL: FCC adds caveat to AT&T, MCI deals.(digital-subscriber-line, SBC Communications Inc.-AT&T Corp. and Verizon Communications Inc.-MCI Inc. merger deals)
- 2005-11-07
Washington -- SBC Communications Inc. and Verizon Communications Inc. are required to provide "naked" digital-subscriber-line service for two years under merger conditions adopted by the Federal Communications Commission Oct. 31. Washington -- SBC Communications Inc. and Verizon Communications Inc. are required...
FCC OKs SBC/AT&T, and Verizon/MCI mergers
- 2005-11-04
The Federal Communications Commission approved the mergers of SBC Communications Inc. with AT&T Corp. and Verizon Communications Inc. with MCI Inc. The Commission concluded that consumers will reap the rewards of the public-interest benefits that will flow from these mergers. These benefits include integration of complementary networks, which will...
Verizon's MCI acquisition approved by FCC
- 2005-11-01
TELECOMWORLDWIRE-1 November 2005-Verizon's MCI acquisition approved by FCCC1994-2005 M2 COMMUNICATIONS LTD http://www.m2.com The proposed acquisition of MCI Inc (Nasdaq:MCIP) by communications company Verizon Communications Inc (NYSE:VZ) has been approved by the US Federal Communications Commission FCC. The acquisition, which has already been approved by the US Department of...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Clifford M. Noreen | President |
| William J. Barrett | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Donald Glickman | Board of Directors |
| Marshall D Butler | Board of Directors |
| Martin T. Hart | Board of Directors |
| Robert E. Joyal | Board of Directors |
President (since 2008), Vice Chairman (2007-2008), Member of the Board of Managers (since 2006), Managing Director, Babson Capital; President (2005 - 1/2009), Vice President (1993- 2005) of the Trusts. Vice President (since 1996), HYP Management LLC (LLC Manager); Director (since 2005), MassMutual Corporate Value Limited (investment company); Director (since 2005), MassMutual Corporate Value Partners Limited (investment company); Senior Vice President (since 1996), MMHC Investment LLC (passive investor); Managing Director (since 2006), MassMutual Capital Partners LLC (investment company); Director (since 2008), Jefferies Finance LLC (a finance company); Member of Investment Committee (since 1999), Diocese of Springfield.
| Organization | Position | Status |
|---|---|---|
| MassMutual Corporate Investors | President | Current |
| MassMutual Corporate Investors | Chair of Board | Current |
Chairman (since 1992), Donald Glickman and Company, Inc. (private investments); and Partner (since 1992), J.F. Lehman & Co. (private investments). Director (since 1984), Monro Muffler and Brake, Inc. (automobile repair service); and Lead Director (since 1998), MSC Software Corp. (simulation software).
| Organization | Position | Status |
|---|---|---|
| MassMutual Corporate Investors | Board of Directors | Current |
| MassMutual Participation Investors | Board of Directors | Current |
| Monro Muffler Brake, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Infinity Venture Capital Fund | Chairman of the Board | Current |
| MassMutual Corporate Investors | Board of Directors | Current |
| Alpha Technologies | Board of Directors | Current |
| Kyocera Corporation | Director | Former |
MARTIN T. HART has been a director of ValueClick since March 1999. Mr. Hart has been a private investor in the Denver area since 1969. He has owned and developed a number of companies into successful businesses, and has served on the board of directors for many public and private corporations. Presently, Mr. Hart is serving on the board of the following public companies: MassMutual Corporate Investors, an investment company; MassMutual Participation Investors, an investment company; Texas Roadhouse, a restaurant chain; and Spectranetics Corporation, a medical device company. He also continues to serve on the board of directors of several private companies. Mr. Hart graduated with a B.A. from Regis University and is a Certified Public Accountant.
| Organization | Position | Status |
|---|---|---|
| ValueClick, Inc. | Director | Current |
| Private Lessons Channel | Board Member | Current |
| MassMutual Corporate Investors | Board of Directors | Current |
| Mediaplex | Director | Current |
| Texas Roadhouse, Inc. | Board of Directors | Current |
| The Spectranetics Corporation | Board Director | Current |
| Willie's Corner | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Beacon Power Corporation | Current | |
| Private Equity | Director | Current |
| Scottish Re Limited | Board of Directors | Current |
| Corporate Governance | Board of Directors | Current |
| Alabama Aircraft Industries, Inc. | Director | Current |
| Jefferies Group, Inc. | Director | Current |
| MassMutual Corporate Investors | Board of Directors | Current |
| MassMutual Corporate Investors | Trustee | Current |
| MassMutual Corporate Investors | trustee | Former |
William J. Barrett , 69, Secretary of the Company since 2001, was a director of the Company from 1996 to 1997 and rejoined the Board of Directors in 2001. Mr. Barrett is President of Barrett-Gardner Associates, Inc., a private merchant banking firm; Director of MassMutual Corporate Investors and MassMutual Participation Investors, closed-end investment trusts; Director, Executive Vice President, Assistant Treasurer and Secretary of Supreme Industries, Inc., a specialized manufacturer of truck bodies and shuttle buses; Director of TGC Industries, Inc., a geophysical services company; and Chairman of the Board of Rumson-Fair Haven Bank and Trust Company, a New Jersey state independent, commercial bank and trust company.
| Organization | Position | Status |
|---|---|---|
| MassMutual Corporate Investors | Director | Current |
| Chase Packaging Corp | Secretary | Current |
| Tgc Industries, Inc. | Director | Current |
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