Timothy Donahue
Timothy Donahue is one of the wireless industry's pioneers, having started his career working at McCaw Cellular. He is the current CEO and member of the Board of Directors of Cerberus Telecom Acquisition Corp. (CTAC), which is a special purpose acquisition company.
Cerberus Capital Management tapped Mr. Donahue to lead CTAC because of his deep industry expertise, which includes serving as Executive Chairman of
Sprint Nextel,
President and
Chief Executive Officer of Nextel Communications Inc., as well as holding senior executive roles at AT&T Wireless. Under his leadership, CTAC selected IoT global leader
KORE as a merger target. The fully diluted pro-forma implied enterprise value of the combined company is approximately $1.014 billion, and the transaction is expected to close in Q3 2021.
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