Technology >> Analyst Interviews >> August 10, 2009

Investing In Communications Services – Timothy Horan – Oppenheimer & Co. Inc.

Timothy Horan is a Managing Director at Oppenheimer & Co. Inc., heading the firm's telecommunication services equity research team. He joined CIBC World Markets in 1998 and has been a communications services Analyst for 11 years. Mr. Horan researches a broad range of communications companies with a focus on data communications and the migration of the industry towards horizontal segmentation. He was chosen as by The Wall Street Journal as an "All-Star Analyst" in 2000, 2001 and 2002. Prior to 1998, Mr. Horan was a Research Analyst at Smith Barney, which was ranked number two among wireline services teams in the 1997 Greenwich Associates Institutional Survey, and a perennial winner of the Institutional Investor analyst survey. Prior to becoming an equity analyst, Mr. Horan worked as a civil engineer on various projects in the New York area. He received a Bachelor of Science degree in civil engineering from Rutgers University in 1986 and an MBA degree in finance, with Beta Gamma Sigma Honors, from Columbia Business School in 1994. Profile
TWST: We are in a rather difficult economy. How has the communications services

space done from a business perspective so far this year?

Mr. Horan: The sector is a bit more stable than the