Coopers and Lybrand L.L.P. Expands Wireless Telecommunications Unit; Senior Partners Relocated to San Francisco.SAN FRANCISCO--(BUSINESS WIRE)--May 30, 1995--Coopers & Lybrand L.L.P. today announced the expansion of its Wireless Communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. Center of Excellence (Wireless COE See common operating environment. ), to enhance its San Francisco-based Telecommunications/Media/Entertainment Practice Center. This new Wireless COE will lead the Firm's efforts in servicing the rapidly growing wireless communications sector of the telecommunications business. The announcement was made by Nick Moore, Chairman of Coopers & Lybrand. "The firm has and will continue to make significant investments in the Wireless Industry," Moore said. "Coopers & Lybrand has established this Wireless COE in recognition of the strategic significance of this industry to our firm." The objective of the new Wireless COE is to focus strategic thinking on emerging industry issues, and to prepare for future wireless industry challenges and opportunities on a global basis. Through the Wireless COE, the firm will address critical issues on behalf of its clients, and stimulate industry dialogue on a regular basis. To ensure that their clients receive the benefits of a concentration of specialized talent, Coopers and Lybrand has relocated key senior partners and others to the Wireless COE, including: James J. Murphy James J. Murphy (November 3, 1898 - October 19, 1962) was a United States Representative from New York. He was born in Brooklyn. He was educated in the public schools of Staten Island and served as a noncommissioned officer with the First New York Cavalry on the Mexican border in , the 24-year veteran who co-chairs the firm's Information/Telecommunications industry program, and sits on Coppers & Lybrand's Global Telecom Group, and who will head the COE; Robert H. Stavers, with 28 years of service to the firm's clients in fast growth, international technology companies, and John M. Hollenbeck, one of the firm's national accounting, audit and SEC experts, with more than 30 years of experience. Each of the relocated partners has significant and specialized experience serving some of the industry's largest and most significant companies. "The people we have relocated to San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden are top notch experts and know how to harness the firm's worldwide resources for the benefit of our clients," Moore said. "They are industry thought leaders who know how to assist clients in resolving issues that growth companies face, such as international market entry and structuring complex partnership arrangements." Murphy leads a professional staff of more than 200, with the mission of assuring the delivery of innovative services from each of Coopers & Lybrand's lines of business to participants in the converging con·verge v. con·verged, con·verg·ing, con·verg·es v.intr. 1. a. To tend toward or approach an intersecting point: lines that converge. b. telecommunications, multimedia, and entertainment industry sectors. "The new Wireless COE recognizes our clients' needs for strategic consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" and integrates our Telecommunications practice with the Multi-media and Entertainment practices that are already very well established in the Bay Area and on the West Coast," Murphy said. "The convergence of these industries presents an exciting challenge for our clients, and we are positioned to be a key partner as they face the issues that will determine their future success. The investments that we have made enable us to deliver superior strategic services to our clients." Commenting on his role in the COE, Stavers added, "Jim Murphy Please see the discussion on the . Hollenbeck also commented on his new assignment: "When I was in our National office in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , I dealt with and resolved fast-breaking technical issues of critical importance to our clients. I will do the same thing in San Francisco. We have moved our National office closer to our clients to allow me to anticipate emerging issues and help develop industry solutions to new and unanticipated economic transactions." Coopers and Lybrand is one of the world's largest and most highly respected professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. firms, with 735 offices and more than 67,000 people. It provides accounting, audit, tax, human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. advisory, consulting and financial advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal . CONTACT: Coopers & Lybrand Stephen Gagnon, 415/957-3459 OR New Futures World Marketing Kenneth J. Roberts, 415/324-9296 |
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