Prior to forming TAP, Mr. Terry was Managing Director and Global Co-Chairman of Telecommunications Banking at UBS Investment Bank, based in New York. Mr. Terry also acted as Joint Global Head of the UBS Telecommunications Group from 2000 to 2005. Mr. Terry began his career at Dillon, Read & Co. Inc., where he worked from 1979 to 1997. He joined Dillon Read as an Associate in Investment Banking and spent the last eight years there as a Managing Director. While there, he established and headed the firm’s Telecommunications and Media practice. In 1997, Dillon Read was sold to the predecessor of UBS, where Mr. Terry worked until April 2009. During his career, Mr. Terry has had senior client responsibility for a number of major corporations, including Sprint, Verizon, Embarq, NextWave, RJR Nabisco, Honeywell and the H.J. Heinz Company. He has had key roles on a number of transactions, including a $24 billion bridge loan for Verizon Wireless, the IPO of GVT, the sale of Alamosa PCS to Sprint Nextel and the announced merger of Sprint and Worldcom. Mr. Terry graduated from Yale College in 1976 with a degree in history and received an MBA from the Wharton School in 1979.