PRINT THIS PAGE Providence hires former chairman of US FCC Powell as advisor12/08/2005. Source: AltAssets. 
 Providence Equity Partners, the US media and communications buy-out specialist, has recruited Michael Powell as a senior advisor. Powell, the son of former US secretary of state Colin Powell, was until recently the chairman of the Federal Communications Commission (FCC).
Providence chief executive Jonathan Nelson said, 'Michael brings a wealth of experience in media, communications and information, deep knowledge of the changing technology and regulatory environment, and an exceptional network of relationships across the industry.'
Providence is headquartered in Rhode Island but has become an increasingly important force in the communications sector in Europe. It was part of the consortium that recently bought Spanish telecoms firm Auna.
Other notable European deals have included German television company ProSiebenSat, Irish mobile business Eircom and cable firm Kabel Deutschland.
Powell was appointed as an FCC commissioner in 1997, having been chief of staff of the Antitrust Division of the Department of Justice. He was named chairman of the FCC in 2001 and left the position in March of this year.
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