BizTel Communications Inc

Company

BizTel Communications is a leading network provider of last mile wireless communications using 38 GHz spectrum granted by the FCC.

Location

Fort Lee, NJ

Sector

Communications

Position

Realized

Transaction

Northwood led an early-stage financing in 1993 and later provided additional capital. BizTel was acquired for stock and cash by Teleport Communications Group, Inc. in 1997, which was subsequently acquired by AT&T in 1998.  att.com