Technology >> Analyst Interviews >> September 22, 2003

Investment Opportunities In Private Wireless Companies: Joseph Statter – Friedman, Billings, Ramsey Group Inc

JOSEPH E. STATTER, Senior Vice President, is the head of Communications and Media Investment Banking at Friedman, Billings, Ramsey Group, Inc. Recent assignments include advising ACTV in their recently announced sale to Liberty Media. In addition, Mr. Statter has served as the financial advisor to Ardent Communications in their Chapter 11 proceedings and was recently involved in representing buyers for certain assets out of the Teligent and Winstar bankruptcy estates. Mr. Statter was involved in the sale of Activate Corporation to Loudeye Technologies, Inc.; the acquistion of Cerulean by Aether Systems; the initial public offering of NetCreations and the subsequent sale of NetCreations to SEAT Pagine Gialle; the secondary and convertible notes offerings of Aether Systems; and the sale of webcasts.com to iBEAM Broadcasting. Prior to joining FBR, he was a senior manager and director with Arthur Andersen's Corporate Finance Group. While at Arthur Andersen, Mr. Statter was responsible for executing private equity placements and merger and acquisition advisory engagements in the communications, technology, and business services industries. Mr. Statter is a Certified Public Accountant and received his BS in Accounting from the University of Maryland. Profile
TWST: Joe, from your perspective in the wireless industry, where has the

capital been going and where will it go in the future?

Mr. Statter: The capital, as you can see from the stock prices