BNET Industries
Market Cap:$234.1M
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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mci inc. and telefonica s.a. - All News and Analysis
Five years after privatization Telesp is most profitable.(Brazil)(Brief Article)
- 2003-07-01
It has been five years since the privatization of the Brazilian telecommunications assets, formerly known as Telebras, and the local incumbent of the state of Sao Paolo, Telesp, ranks as the most profitable. Telefonica has invested US$4.9 billion in Telesp and obtained a 41.1% return on...
On the Rocks
- 1999-12-01
SPANISH TELEPHONE COMPANY TELEFONICA RECENTLY signed a deal with International Discount Telecommunications Corp. IDT to expand its presence in the United States. In and of itself, the pact is not that remarkable except that it raises serious questions about Telefonica's strategic partnership with MCI WorldCom, the No. 2 U.S. long-distance...
Combined Issue:Mci Worldcom And Telefonica Unveil Three-Way Alliance Plans
- 1998-03-10
Soon-to-merge US communications companies MCI and WorldCom have announced plans for an alliance with Spain's Telefonica de Espana, aimed at enhancing their presence in Europe, Latin America and the Hispanic market in the US. The three companies unveiled the scheme yesterday, announcing investments which Telefonica chairman Juan Villalonga called 'insignificant'...
Spanish setback for BT
- 1998-03-08
BRITISH TELECOM is to lose its planned link with Spain's Telefonica in a further blow to its overseas expansion plans. WorldCom and the Spanish company announce tomorrow that they have formed an alliance, writes Dawn Hayes. BT had agreed to swap shareholdings with Telefonica last April, as part...
Pain In Spain Leaves Struggling Bt With A Lot To Explain
- 1998-03-04
By Rik TurnerIt was simply, a spokesperson went on, that with BT's proposed merger with MCI having soured, "the context has changed." BT is now rumored to have two teams traveling full-time around Latin America, engaging in exploratory negotiations with potential business partners in the region. The company also holds...
Telefonica De Espana Postpones Review Of Bt Alliance
- 1998-02-18
Telefonica de Espana has canceled its hastily arranged the extraordinary board meeting scheduled for today, at which it was to review its international alliances, particularly those with British Telecommunications Plc and MCI Communications Corp. The move will buy the company more time to decide who it will join with as...
BT tipped to take pounds 310m Spanish stake
- 1997-08-28
British Telecom was yesterday tipped to expand its overseas ambitions further, with the prospect of a $500m (pounds 310m) deal within months to increase its interest in its Spanish partner, Telefonica. Analysts said BT, to be renamed Concert when the merger with MCI is completed on 1 January,...
BT-MCI merger gets European approval.
- 1997-06-01
Merger between British Telecom and MCI has been formally cleared by European Commission, on two conditions. New organisation -- to be known as Concert -- must honour its commitment to give rival operators fair access to its trans-Atlantic submarine cables and must sell off MCI's UK...
BT Spanish coup red rag to AT&T bull
- 1997-04-18
British Telecom and its US partner, MCI, are today expected to sign a global alliance with Spain's telephone group, Telefonica, securing a big coup over AT&T, their main rival in the fast-growing market for international business communications. The privatised Spanish network last night called a press conference for...
- 1
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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