LYCOS RETRIEVER 
Dennis Miller: Company
built 629 days ago
One reason, said Miller, was that company shareholders over the last 15 years had watched their investment wind through various “value cycles.” In late 2005, wireless telephony had reached another cycle peak. Values were exceptionally high. If the company was ever going to be sold, this would be one opportune time. Another—and likely a more important reason—revolved around the gnawing feeling among many Midwest Wireless owners that the company had grown too much. For nearly all the shareholders, its gargantuan girth represented a majority of their total portfolio. Also, a new “inflection” point and industry change would require investment capital to take the company to the next level—capital the shareholders might be reticent to invest.
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From 1990-1995, Mr. Miller was Executive Vice President of Turner Network Television, with responsibility for production, business affairs and original programming for the TNT Network, overseeing all aspects of the network's operation. In 1997, Mr. Miller took on the additional responsibility for the Turner Entertainment Company, which spearheads the utilization of Turner's library of more than 3,000 motion picture titles.
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Miller has been actively involved as the president of Technology Plus, the high-tech incubator and more run by Greater Mankato Economic Development. He envisions the center ultimately as a place where MSU graduates with a high-tech idea, for example, can have rich soil to watch their vision grow into reality before being bought out by a larger company. The jobs then will likely stay in Greater Mankato, Miller said, because the roots would be here—much like high-tech Firepond has stayed, even though it’s owned now by a California-based company.
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