NICHOLAS A.

TSOLAS
730 Columbus Ave, Apt. 11G, New York, NY 10025
(917)-655-5211 * nt60aaec@westpost.net
PROFILE
CEO * Managing Director
More than 25 years international experience in the telecommunications industry w
ith a clear record of success in launch and re-launch of mobile communications s
ervices, turnaround of troubled operations, and solid improvements in service an
d coverage. Consistent record of growing market share, revenues, and profits whi
le implementing strong financial controls and reporting standards. Broad knowled
ge of technology, regulatory structures, and telecommunications markets across i
nternational borders. Recognized expert in technology, applications, services, p
roducts, platforms, suppliers, marketing, and sales distribution channels. In ad
dition to the positions mentioned below, I was also President of the Board at Ge
rmanos Romania, Member of the Board at Romtelecom, AMC, Cosmofon, Otenet and Glo
bul.
Chief Executive Officer * Chief Operating Officer * Chief Technology Officer
Strategic Planning * Product & Service Development * Research & Development
Sales Distribution Channels * Marketing * Market Share Growth * Revenue Growth
P&L * IPO * Due Diligence * Mergers & Acquisitions * System Integration
Process Improvement * Change Management * Board Leadership
PROFESSIONAL EXPERIENCE
COSMOTE MOBILE TELECOM - ATHENS, GREECE 2000-2008
A subsidiary of Hellenic Telecommunications since 1998 and Greece's largest mobi
le telecommunications company, the firm has grown by acquiring mobile operators
in Albania, Romania, Bulgaria, and F.Y.R. of Macedonia, as well as through impro
vements in coverage and service level. Assigned as Chief Executive to turn aroun
d or relaunch acquired operations in other countries.
Chief Executive Officer, Cosmote Romania Mobile Communications, 2005-2008
Led the restructuring and re-launch of a failed company that in December 2005 ha
d fewer than 25,000 subscribers and revenues at year end of 8 million. Expanded
and upgraded the entire network and relaunched the service with a new business n
ame against such strong competitors as Vodafone.
* Built market share to 23% (5.9 million subscribers) and revenues to 311.0 mill
ion by the end of 2008.
* Company achieved a positive EBIDTA of 22.5 million in 2008 and is projected to
have net profits in 2009.
Chief Executive Officer, Globul - Bulgaria Mobile Communications, 2003-2005
Assumed operational control of a troubled, year-old firm with a 65% bad debt rat
io and a high CAPEX problem in the presence of a strong competitor. Instituted s
trong financial controls, enhanced service offerings, and undercut pricing of th
e only significant market competition.
* Grew revenues from 47 million to 274 million in 2005 and the customer base fro
m 465,000 subscribers to 2.4 million, a 40% market share.
* Achieved EBIDTA of 93.7 million and net profits to 26.3 million.
Chief Technology Officer, Cosmote Group, 2003-2005
Served a dual assignment as CTO for the whole group while serving as CEO, Globul
, above. Managed technology development and deployment across multiple divisions
and subsidiaries.
General Director, Systems & Services, Cosmote Greece Mobile Communications, 2000
-2003
Managed Network Development, Operations & Maintenance, IT Systems, Products & Se
rvices, and Development & Marketing for a firm that had entered the market for m
obile communications five years after its two major competitors, Vodafone and TI
M (now WIND) Hellas.
* Key contributor to building the firm to Number 1 in market share in less than
3 years.
* Led the successful startup of operations of the Albanian subsidiary, AMC.
* Participated in the IPO for Cosmote Greece in 2000 that led to listing on Lond
on and Greek exchanges and made contributions that made it one of the Top 5 Perf
orming telecommunications stocks in Europe through 2007.
TIM HELLAS (NOW WIND) MOBILE COMMUNICATIONS - ATHENS, GREECE 1996-2000
At the time one of the two largest mobile telecommunications firms in Greece.
Executive Director Network Development & Operations
Managed Network Development, Operations & Maintenance, and New Products & Servic
es Implementation, supervising a total staff of approximately 250 in planning, c
onstruction, operations, and platforms.
* Led the business to provide the best coverage in Greece.
* Introduced prepaid services that significantly increased market share and reve
nues.
* Coordinated all regulatory compliance issues in Greece.
COMMERCIAL CAPITAL - ATHENS, GREECE 1995-1996
The venture capital arm of the Commercial Bank of Greece.
Director, Communications
Recruited to perform exploratory research into technologies being proposed for n
ew ventures in telecommunications and provision of Internet services throughout
Greece and the Balkans.
TIM HELLAS (NOW WIND) MOBILE COMMUNICATIONS - ATHENS, GREECE 1993-1995
Increasing responsibility with a leading provider of mobile telecommunications s
ervices.
Director of Products & Services, 1993-1995
Led the development of new products and services including prepaid.
SIEMENS AG - MUNICH, GERMANY 1990-1993
A leading global electronics and electrical engineering firm.
Systems Analyst
Originally employed by Siemens USA and dispatched to Germany as an expert on tel
ecommunications technology and development. Obtained patent in overload control
algorithms.
AT&T BELL LABORATORIES - HOLMDEL, NEW JERSEY, USA 1983-1990
One of the nation's leading research organizations at the time.
Member of Technical Staff
Participated in research and development in such areas as switching, transmissio
n, and intelligent networks doing performance analysis and management of new pro
ducts and services.
EDUCATION
UNIVERSITY OF CALIFORNIA - BERKELEY DOCTOR OF PHILOSOPHY, 1983
Electrical Engineering & Computer Science
* Systems, Optimization and Control
* Power Systems
* Computer Algorithms
* Mathematics
UNIVERSITY OF CALIFORNIA - BERKELEY MASTER OF ENGINEERING, 1982
Electrical Engineering & Computer Science
STATE UNIVERSITY OF NEW YORK - OSWEGO MASTER OF ARTS, 1978
Mathematics
* Number Theory
* Combinatorial Analysis
UNIVERISTY OF IOANNINA - GREECE BACHELOR OF ARTS, 1975
Mathematics
LANGUAGES & INTERNATIONAL EXPERIENCE
Bilingual: English/Greek
USA, Germany, Greece, Bulgaria, Romania
GEOGRAPHIC PREFERENCE & CITIZENSHIP
USA (Mid-Atlantic, South East)
Dual Citizenship: USA & Greece