Laurence Scott Zimmerman
Laurence Scott Zimmerman(born March,1960) is an American entrepreneur and businessman, a pioneer in the wireless broadband industry. He is the founder of Landover Wireless Corp., active in the mobile wireless broadband industry.
Wireless broadband industry[edit | edit source]
Laurence Scott Zimmerman is an early pioneer building the original broadband networks and applications over wireless licenses going back 25 years. Zimmerman has been successfully engaged in the global wireless telecommunications industry since 1991. Since 1985, Zimmerman has been President of Landover Holdings Corporation, of which he is the founder and beneficial owner. Landover Holdings Corporation is a private investment firm with interests in wireless cable, wireless telephone, cellular, managed healthcare and specialty retail companies, as well as other investments in the United States and abroad. Zimmerman has over 25 years of experience building, strategically planning, and investing in growth companies in the telecom industry. Zimmerman is an experienced spectrum license holder who has acquired and built wireless broadband networks on national and regional footprints of 38 GHz, 3.5 GHz, 2.6 GHz and 1600 MHz/MMDS licenses and developed strategic relationships creating utility value in the spectrum assets.
Zimmerman was the Founder, Principal, and a Board Member of Nasdaq-listed National Wireless Holdings Inc. (former ticker symbol “NWIR”). National Wireless Holdings Inc. had an initial public offering of two million shares of its Common Stock on March 9, 1994 and had obtained rights to a sufficient number of frequencies in Miami, Florida to commence development of a wireless cable system if the appropriate digital technology was developed. On February 27, 1998, the BellSouth Corporation agreed to buy South Florida Television Inc., which held the rights to provide wireless cable television service in Miami from National Wireless Holdings Inc..
Zimmerman was the Founder, Principal, and a Board Member of Nasdaq-listed Advanced Radio Telecom Corp. (former ticker symbol “ARTT”) and was pioneering wireless broadband solutions to meet the needs for broadband last mile services, linking end users to facilities of LECs, competitive access providers, competitive local exchange carriers, inter-exchange carriers, Internet service providers, cell sites of mobile communications service providers and metropolitan area network sites. Advanced Radio Telecom Corp. began deploying its links principally on a trial basis in November 1995 and provided services to carriers such as Ameritech, Bell Atlantic NYNEX Mobile, MFS Communications Company, Inc., UUNet, DIGEX, Incorporated, Electric Lightwave, NEXTLINK Communications LLC, American PCS, L.P., Western Wireless, Commonwealth Telephone, Public Interest Network, Chadwick Telephone, CGX Telecom, CAIS, Inc. and Brooks Fiber Properties, Inc. On April 29, 1996, Advanced Radio Telecom Corp. and Ameritech entered into a three-year strategic distribution agreement pursuant to which the Company provided 38 GHz services to Ameritech. On April 26, 1996, the Company and Harris Corporation entered into a PCS marketing agreement pursuant to which the Company granted to Harris the right to use its 38 GHz licenses, including associated coordination services, installation and network monitoring and field services. Advanced Radio Telecom Corp. had an initial public offering of 2,250,000 shares of its Common Stock on November 5, 1996 and had acquired a spectrum footprint of 237 38 GHz spectrum licenses in the 38.6 to 40 GHz spectrum band granted by the Federal Communications Commission. These licenses covered an aggregate population of approximately 143 million in 169 U.S. markets, with capability to provide 38 GHz wireless broadband services in 47 of the top 50 markets and 82 of the top 100 markets. In March 1998 the strategy expanded to become the leading provider of broadband data services to the vast number of businesses not served by fiber-optic networks. On April 27, 1998 Advanced Radio Telecom Corp.and Lucent Technologies, Inc. entered into agreements under which Lucent Technologies provided financing for the purchase of a new data network from Lucent Technologies. Advanced Radio Telecom Corp. was the first company to deploy state-of-the-art, packet-based broadband metropolitan area networks using IP routing and ATM switching infrastructure with point-to-multipoint capacity within the coverage area of a hub sector and network architecture with ability to provide bandwidth-on-demand.
Zimmerman was an early seed investor of Nasdaq-traded Winstar Communications (former ticker symbol “WSTR”), the largest 38 GHz license holder in the U.S., and building a unique nationwide network using its fiber-quality digital capacity in the 38 GHz spectrum and other portions of the radio spectrum in order to provide customers with a broad range of attractively priced last-mile broadband solutions. On June 2, 1998, pursuant to agreement with Winstar Communications, Zimmerman exchanged 2,758,864 shares of Advanced Radio Telecom Corp. common stock for 1,273,029 shares of Winstar common stock becoming one of the largest shareholders of Winstar Communications.
Zimmerman founded Landtel NV, a European broadband wireless provider based in Rotterdam which won spectrum licenses in Germany, France, Belgium, Switzerland, and several Eastern European countries, and built high-speed internet access on 3.5 GHz and 2.6 GHz. In August 1999, Deutsche LandTel GmbH was founded in 1999 as a wholly-owned subsidiary of Landtel NV and one of the big winners of the Wireless Local Loop solicitation for tenders by Germany's telecommunications and postal regulatory authorities (RegTP). The company received licenses to operate wireless urban networks in many major German cities, including Munich, Cologne, Hannover, Hamburg, Düsseldorf, Leverkusen and Dortmund. On January 28, 2000 LandTel acquired Switzerland's Telliance AG.
Zimmerman was the principal, co-founder and control shareholder of Bazillion, Inc., one of the first nationwide toll-quality VoIP service providers in the US addressing the residential market. Bazillion was active during 1998 to 2001 and the voice network reached 60 percent of the U.S. At its peak, the Seattle company employed 160 people peered with Level 3 Communications and serviced over 60,000 residential customers.
Current mobile broadband build[edit | edit source]
Zimmerman re-entered the telecom market in 2007, evaluating emerging opportunities driven by the accelerating demand for mobile bandwidth, emerging technologies, and spectrum scarcity. In April 2008, Laurence founded Landover Wireless to build a nationwide mobile broadband platform utilizing the 600 MHz spectrum band. In 2010, special purpose entities managed by Landover Wireless were granted 828 construction permits for broadcast licenses by the FCC in the 500MHz-600Mhz frequencies. In 2012, Landover Wireless was granted an experimental license by the FCC to test LTE equipment in the 600MHz frequencies. Landover Wireless is the first mobile broadband operator exclusively focused on B2B Mobile Services that will roll out nationwide services to strategic business partners starting in 2019-2020. Landover’s B2B platform deploys advanced LTE technologies (including LTE-A/Pro, LTE Broadcast, and 5G NR) across a nationwide US footprint in 600 MHz spectrum. Strategic partners working with Landover can use 5G and edge computing technologies to deliver new products and services including multicast video to mobile devices, connected vehicles, wide-area wireless sensors, and consumer and enterprise IoT devices.
Subsequent Value Appreciation of Spectrum Footprints[edit | edit source]
By 1999, Advanced Radio Telecom Corp. owned 363 38 GHz licenses in 210 U.S. markets, allowing it to provide between 100 and 500 MHz of transmission capacity in 90 of the top 100 U.S. markets. On June 1, 1999, Qwest Communications International, Inc., Advent International, Columbia Capital, Oak Investment Partners and Bessemer Venture Partners executed a preferred stock purchase agreement for Series A convertible preferred stock and Series B non-voting convertible preferred stock, with Board representation and on a converted basis with the common stock, represented approximately 45% of the Company's outstanding common stock. By January 2001 Advanced Radio Telecom Corp. held 750 39 GHz licenses covering nearly 100% of the area and population of the contiguous United States. Subsequently, on December 20, 2001 the spectrum footprint of Advanced Radio Telecom was reorganized and emerged from the proceedings under Chapter 11 as First Avenue Networks, Inc. Subsequently, on August 30, 2006 First Avenue Networks, Inc was merged into FiberTower Corporation. Subsequently, on February 1, 2017 AT&T acquired the spectrum footprint from FiberTower Corporation in advance of 5G deployments.
On December 19, 2001 a newly formed unit of IDT Corp. purchased all assets of Winstar Communications Inc., a telecommunications company that sought bankruptcy protection in April, for $38 million. On July 15, 2013 IDT Corporation (NYSE: IDT) spun-off of its Straight Path Communications Inc. (SPCI) subsidiary to IDT stockholders. On May 10, 2017 Verizon acquired Straight Path for more than $3 billion.
Personal life[edit | edit source]
Zimmerman was previously married to Kimberly Foster, an accomplished actress. They divorced in 2012 and have four children together. Zimmerman has been active coaching youth soccer and middle school baseball teams. Zimmerman is a significant wine collector of French and California vintages and aficionado of vintage automobiles. As a mechanical hobby, Zimmerman has experience in rebuilding and restoring Land Rover Defenders.
References[edit | edit source]
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