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Blake Bath most recently served as a Managing Director and senior equity research analyst for Lehman Brothers. He was the firm’s lead analyst covering Wireless and Wireline Telecommunications Services. Since 2002, Mr. Bath has been one of the top-ranked analysts on Institutional Investor’s All America Research Team and his research efforts have received wide acclaim throughout the investment community. Prior to joining Lehman Brothers in 1996, Mr. Bath was the primary telecommunications analyst at Sanford C. Bernstein from 1992 to 1996. He was also an analyst in the Strategic Planning and Corporate Finance organizations at MCI Communications from 1989 to 1992. Mr. Blake received a Master of Business Administration degree from Columbia University and a Bachelor of Science degree in chemical engineering from the University of Michigan. | 