The telecommunications industry is an area in which our firm's experience is uncommonly deep. Our practice in this area ranges from traditional telephony and cable television to bundled broadband video/voice/data services; from conventional mobile phone service to WiFi; from terrestrial to satellite; and from twisted pair to optical networks.
We have been involved in hundreds of M&A transactions, debt financings and equity investments involving public and private companies in the telecom industry. In addition to handling transactional matters in this industry, we regularly provide intellectual property, bankruptcy, litigation, securities and other ongoing legal services to our telecom clients.
Set forth below are a few examples of our activities in the telecommunications industry:
- We serve as corporate securities counsel to wireless infrastructure provider American Tower Corporation. Among other matters, we advise American Tower on corporate governance best practices, Sarbanes-Oxley compliance, public company reporting, tender offers, debt repurchases, and securities offerings. We have represented American Tower in billions of dollars of equity and debt offerings, including its initial public offering and offerings of high-yield and convertible notes.
- We negotiated and implemented a successful reorganization of regional CLEC FDN Communications, including a discounted debt buyback, freeze-out merger and recapitalization that was the subject of a successfully defended lawsuit, as well as a new $54 million equity issuance, competitor acquisition and subsequent releveraging to fund a distribution to stockholders.
- We represented Conversent Communications in its merger with Choice One Communications and CTC Communications to create One Communications, the largest privately-held competitive local exchange carrier in the US.
- We serve as general outside counsel to CLEC Cavalier Telephone & TV in all corporate matters, including acquisitions and financings. We handled Cavalier’s acquisition of publicly-held Talk America Holdings, Inc. for $251 million.
- We advised the lead private equity investors in the $250 million first round financing of XM Satellite Radio.
- We serve as outside transaction counsel to Dobson Communications Corporation (NASDAQ: DCEL) and its two wholly-owned subsidiaries Dobson Cellular Systems, Inc. and American Cellular Corporation. Dobson is a leading provider of rural and suburban wireless communications services in the United States. We regularly represent Dobson in its acquisitions, sales and exchanges of cellular systems.
- We are general outside counsel to Atlantic Tele-Network, Inc., a telecommunications holding company, including with respect to its recent $70 million follow-on offering, its public company reporting and several of its recent acquisitions.
Our clients in the telecommunications industry include the following:
- Alta Communications
- American Tower Corporation
- Bank of America Capital
- Cavalier Telephone & TV
- Columbia Capital
- Dobson Communications
- Great Hill Partners
- M/C Venture Partners
- Spectrum Equity Investors