BNET Industries

Market Cap:$137.7M
Last Fiscal Year Sales:$13.2M
  • Public
  • US
Dow Jones Description

Holding Company; Mobile Satellite Telecommunications Services

CFO & Executive Vice President & Acting CEO
Michael Corkery
Number of Employees 60
Contact Information

11700 Plaza America Dr Ste 1010

Reston, Virginia 20190

www.ico.com

(703) 964-1400

NAICS Code Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing: 334220

News & Analysis

ico global communications and partnership - All News and Analysis

Decision Makers

Name (plus bio) Position
Michael Corkery CFO & Executive Vice President & Acting CEO
Craig Jorgens President
John L. Flynn General Counsel, Secretary & Executive Vice President
Bob Day Senior Vice President, Space Sys
David Bagley Senior Vice President, Corp Dev
David Zufall Senior Vice President, Network Sys
Suzanne Hutchings Malloy Senior Vice President, Regulatory Affairs
Suzanne Hutchings Malloy Senior Vice President, Regulatory Affairs
Christopher Doherty Coordinator, Media

Board of Directors

Name (plus bio) Position
Barry L. Rowan Board of Directors
David H. Wasserman Board of Directors
H. Brian Thompson Board of Directors
Nicolas Kauser Board of Directors
Samuel L. Ginn Board of Directors

Michael P. Corkery - Acting Chief Executive Officer, Executive Vice President and Chief Financial Officer of ICO Global Communications (Holdings) Limited and DBSD North America, Inc. He joined ICO in November, 2007, and assumed the Acting Chief Executive Officer role in February, 2009. Mr. Corkery served as Chief Financial Officer of CURRENT Group, LLC from January 2006 until November 2007. From August 2002 until August 2005, Mr. Corkery was vice president of operations finance for Nextel Communications, Inc. where he led operations finance and was responsible for all decision support, financial planning and analysis activities. He previously worked for Berliner Communications, Inc., XO Communications, Inc. and AT&T Wireless Services in similar capacities. Mr. Corkery holds a Bachelor's degree in accounting from St. Bonaventure University and received an Executive Leadership Development certification from the McDonough School of Business at Georgetown University.

Organization Position Status
Ico Global Communications (Holdings) Ltd CFO & Executive Vice President & Acting CEO Current
Ico Global Communications (Holdings) Ltd CFO & Executive Vice President Former

Craig Jorgens - President. Mr. Jorgens has over 17 years of experience in the telecommunications industry and has been the Company’s President since 2002. Mr. Jorgens also serves as the President of DBSD North America. From 2000 until joining the Company, he was a principal in the telecommunications group at the private equity firm of Texas Pacific Group. From 1992 to 2000, he was Executive Director of Corporate Development at AirTouch Communications, one of the world’s largest wireless operators, where he was responsible for mergers and acquisitions and new business development both domestically and internationally. He also has experience in management consulting and investment banking. Mr. Jorgens is a graduate of Harvey Mudd College and graduated from Carnegie Mellon’s Graduate School of Industrial Administration.

Organization Position Status
Ico Global Communications (Holdings) Ltd President Current

John L. Flynn - Executive Vice President, General Counsel and Corporate Secretary. On May 8, 2006, Mr. Flynn became the Executive Vice President, General Counsel and Corporate Secretary of the Company and DBSD North America. From July 2003 until April 2006, Mr. Flynn was counsel to the law firm of Wilmer Cutler Pickering Hale and Dorr LLP, where his practice focused primarily on communications and intellectual property law. From November 2000 until January 2003, Mr. Flynn was Vice President and Deputy General Counsel of Commerce One, Inc., a software company, where he co-managed the legal department and advised the company on corporate, regulatory and litigation matters. Mr. Flynn also served as General Counsel and Vice President of Government Affairs of rStar Broadband Networks, Inc. and, before that, was an associate at Munger, Tolles & Olson. Mr. Flynn began his legal career by serving as a law clerk to Judge Edward R. Becker on the U.S. Court of Appeals for the Third Circuit and then to Justices Byron R. White and John Paul Stevens on the U.S. Supreme Court. Mr. Flynn graduated from Stanford University with a Bachelor’s degree in Political Science, with distinction, and a Master’s degree in International Policy Studies, and he holds his law degree, magna cum laude, from the Georgetown University Law Center.

Organization Position Status
Ico Global Communications (Holdings) Ltd General Counsel, Secretary & Executive Vice President Current

Organization Position Status
Ico Global Communications (Holdings) Ltd Senior Vice President, Space Sys Current

David Bagley - Senior Vice President, Corporate Development. Mr. Bagley has been with the Company since July 2002 and has over 20 years of experience in the telecommunications industry. Mr. Bagley also serves as DBSD North America's Senior Vice President, Corporate Development. From June 2000 to June 2001, he was Vice President of Business Development for IPWireless, where he was in charge of spectrum acquisition, strategic partnering and regulatory affairs. Mr. Bagley spent four years at AirTouch and Vodafone, which acquired AirTouch in 1999. He held various Corporate Development positions working on transactions throughout the world. His most recent position was head of Corporate Development for the Americas for Vodafone. Prior to AirTouch, Mr. Bagley spent eight years at SBC Communications in finance and Corporate Development positions. Mr. Bagley holds a Bachelor's degree in Accounting and Economics from Pacific University and a Master's degree in International Management from Thunderbird Graduate School of International Management.

Organization Position Status
Ico Global Communications (Holdings) Ltd Senior Vice President, Corp Dev Current

David Zufall - Senior Vice President, Network Systems. Mr. Zufall has been Senior Vice President, Network Systems since January 2, 2006. During the twelve years prior to joining the Company, Mr. Zufall served in a number of technical and operational capacities at Nextel Communications, Inc., including Vice President, Infrastructure Technology Development and Vice President, Network Architecture/Chief Architect. Nextel operated a nationwide digital cellular network in the United States. Mr. Zufall had responsibility for working with partners in Nextel’s strategy and marketing divisions to establish Nextel’s long-term network and technology roadmap. Mr. Zufall holds a Bachelor of Sciences degree in Electrical Engineering and an M.B.A. in Finance and International Business, both from Columbia University.

Organization Position Status
Ico Global Communications (Holdings) Ltd Senior Vice President, Network Sys Current

Organization Position Status
Ico Global Communications (Holdings) Ltd Senior Vice President, Regulatory Affairs Current

Suzanne Hutchings Malloy - Senior Vice President, Regulatory Affairs. Ms. Malloy has over 17 years of experience in the telecommunications industry. Prior to joining the Company in 2000 and until 2002, Ms. Malloy served as Senior Regulatory Counsel for Teledesic LLC, where she directed the company’s licensing and regulatory efforts among various industry and regulatory constituencies, including the FCC, the U.S. State Department, and the International Telecommunication Union. At the Company and DBSD North America (serving in a similar capacity), in addition to general regulatory activities, her work has included securing regulatory approval for new hybrid satellite-terrestrial networks, obtaining domestic spectrum assignments, helping maintain spectrum assets, and advocating for the companies and their subsidiaries in major rulemaking and adjudicatory proceedings before the FCC. She has also served on numerous U.S. delegations to regional and international spectrum management treaty conferences. She has also worked as an Attorney-Advisor at the FCC, where she participated in country-to-country treaty negotiations, World Trade Organization multilateral negotiations, and rulemaking proceedings before the Federal Communications Commission as a satellite industry expert, focusing primarily on licensing direct-to-home satellite operators. Ms. Malloy holds a Bachelor of Arts degree in History from Davidson College and is a graduate of Harvard Law School.

Organization Position Status
Ico Global Communications (Holdings) Ltd Senior Vice President, Regulatory Affairs Current

Organization Position Status
Ico Global Communications (Holdings) Ltd Coordinator, Media Current

Organization Position Status
Ico Global Communications (Holdings) Ltd Board of Directors Current

David Wasserman - Director since April 2002. Mr. Wasserman is a financial principal at Clayton, Dubilier & Rice, Inc., which he joined in 1998. Prior to joining CD&R, he was employed at Goldman, Sachs & Co. in the Principal Investment Area. He has also been employed by Fidelity Capital and as a management consultant. Mr. Wasserman serves on the Board of Directors of Culligan Ltd., Hertz Global Holdings, and ServiceMaster and formerly served as a director of Kinko’s Inc. and Covansys Corporation.

Organization Position Status
Ico Global Communications (Holdings) Ltd Board of Directors Current

H. Brian Thompson - Director since May 2007. Mr. Thompson is Executive Chairman of Global Telecom & Technology (GTT), a global telecommunications network integrator that provides its clients with a broad portfolio of wide-area network and wireless mobility services from its headquarters in Northern Virginia and offices in London and Dusseldorf. Mr. Thompson continues to head his own private equity investment and advisory firm, Universal Telecommunications, Inc. From December 2002 to June 2007, Mr. Thompson was Chairman of Comsat International (CI), one of the largest independent telecommunications operators serving all of Latin America. He also served as Chairman and Chief Executive Officer of Global TeleSystems Group, Inc. from March 1999 through September of 2000. Mr. Thompson was Chairman and CEO of LCI International from 1991 until its merger with Qwest Communications International Inc. in June 1998. Thompson became Vice Chairman of the board for Qwest until his resignation in December 1998. Thompson previously served as Executive Vice President of MCI Communications Corporation from 1981 to 1990, and prior to MCI, was a management consultant with the Washington, DC offices of McKinsey & Company for nine years, where he specialized in the management of telecommunications. He currently serves as a member of the board of directors of Axcelis Technologies, Inc., Penske Automotive Group, and Sonus Networks, Inc. He serves as a member of the Irish Prime Minister's Ireland-America Economic Advisory Board, and from January-March 1999, he served as Non-Executive Chairman of Telecom Eireann, Ireland’s incumbent telephone company. Thompson received his MBA from Harvard’s Graduate School of Business, and holds an undergraduate degree in chemical engineering from the University of Massachusetts.

Organization Position Status
Ico Global Communications (Holdings) Ltd Board of Directors Current

Nicolas Kauser - Director since December 2008. Mr. Kauser has spent over 40 years in the communications industry, including President of Clearwire International LLC, and CTO of Clearwire, EVP and CTO for AT&T Wireless Services, Inc. (formerly McCaw Cellular Communications, Inc.), Sr. VP of Operations and VP of Engineering of Cantel, Inc., and 20 years in Venezuela where he first worked for the National Telephone Co. (“CANTV”) and subsequently co-founded two companies in the communications industry. Mr. Kauser is a Director of RadioFrame Networks, Inc. and TriQuint Semiconductors, Inc. He earned his bachelor’s degree in electrical engineering from McGill University, Montreal, Quebec in 1963 and successfully completed graduate courses in Logic Design and Random Signal and Noise in Telecommunications Systems. In 1998, Mr. Kauser received the prestigious Gold Prize awarded by The Carnegie Melon Institute and American Management Systems for excellence in the application of information technology.

Organization Position Status
Ico Global Communications (Holdings) Ltd Board of Directors Current

Samuel L. Ginn - Director since May 2006 and from October 2001 to April 2004. Mr. Ginn has over 43 years of experience in the telecommunications industry. Mr. Ginn was Chairman and Chief Executive Officer of AirTouch Communications, Inc. from December 1993 until its merger with Vodafone Group Public Limited Company in June 1999. Upon the Vodafone-AirTouch merger, he became Chairman of Vodafone, a position he held until May 2000. Since leaving Vodafone, he has continued to be a private investor and advisor to several startup companies in the telecommunications industry. Mr. Ginn currently serves on the Board of Directors of Chevron Corporation and Franklin Templeton Funds Board. Mr. Ginn is a graduate of the School of Engineering of Auburn University.

Organization Position Status
Ico Global Communications (Holdings) Ltd Board of Directors Current
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     ICOG $0.89 +0.07 (8.52% )
Average Volume 81,404
Shares Outstanding 154.75M
Market Cap 137.7M
Year High 1.74
Year Low 0.2002
Earnings Per Share 0.88
P/E Ratio 1.01
Dividend N/A
Yield N/A
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