Robinson – CEO of Movida.
August 17, 2007
Movida Communications, Inc. announced that it has named wireless telecommunications veteran Michael Robinson to the post of CEO, effective September 10, 2007. This announcement comes just three weeks after Movida announced $40 million in additional funds to continue to fuel Movida’s significant growth in providing prepaid wireless services to Hispanic consumers.
“We are very pleased to have someone with Michael’s leadership abilities and experience join the company and the board,” said Les Levi, Partner, Plainfield Asset Management, a leading investor in Movida. “His strength in execution will help accelerate growth and outpace our projections for Movida.”
“We see tremendous potential in the prepaid telecom sector, and with Michael leading the company forward, we are confident we will see this business accelerate,” said Javier Aquirre, EVP and CFO – The Cisneros Group, another leading investor in Movida. “His demonstrated ability to execute for growth in wireless telecom, including his experience in Mexico with Pegaso, is a unique strength to bring to Movida.”
Robinson contributed to the development and growth of Motricity, one of the largest mobile content distribution companies in the industry, located in Durham, NC. Previously he was instrumental in leading the development and implementation of Sprint’s Vision strategy from 2002 – 2005 in his role as Senior Vice President – Product Realization. From 2000 – 2002, Robinson led Sprint’s national wireless subsidiary in Mexico, Pegaso, as Chief Operating Officer, prior to its acquisition by Telefonica. Prior to that he was the VP/GM of the Sprint PCS Network Division where he led the ongoing growth and operation of Sprint’s wireless network.
“I’m very excited about the opportunity for Movida to generate significant traction in the Hispanic market in the U.S., providing prepaid voice and value added services to a currently under-served market,” said Michael. “The combination of investor strength, product strength, and broad distribution capability of Movida make it a uniquely positioned solution in the wireless telecom sector.”