Anthony J. Pennings, PhD

WRITINGS ON DIGITAL ECONOMICS, ENERGY STRATEGIES, AND GLOBAL COMMUNICATIONS

The Spreadsheet that Fueled the Telecom Boom – and Bust

“I had built a model in an Excel spreadsheet that translated what our sales forecast was into how much traffic we would expect to see,” he says. “And so I just assigned variables for those various parameters, and then said we can set those variables to whatever we think is appropriate.” – Tom Stluka, Worldcom […]

HOW THE US MOBILE INDUSTRY CAME TOGETHER, PART III: JUNK BONDS CONSOLIDATE THE NETWORK

In 1986, McCaw Cellular approached financier Michael Milken for capital to compete against AT&T with a wireless network. The McCaw family wanted the money to purchase cellular licenses and to buy MCI Wireless for nearly $2 billion.

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  • About Me

    Professor at State University of New York (SUNY) Korea since 2016. Moved to Austin, Texas in August 2012 to join the Digital Media Management program at St. Edwards University. Spent the previous decade on the faculty at New York University teaching and researching information systems, digital economics, and strategic communications.

    You can reach me at:

    apennings70@gmail.com
    anthony.pennings@sunykorea.ac.kr

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  • Disclaimer

    The opinions expressed here do not necessarily reflect the views of my employers, past or present.