Former Qwest exec joins private equity firm
By Andy Vuong, Staff Writer
Tuesday, September 11, 2007
Former Qwest operations chief Barry Allen has joined Providence
Equity Partners, a private equity firm specializing in
telecommunications, as a senior adviser, Providence announced
Allen retired from Qwest at the end of June, saying he wanted to
spend more time with his family. He was recruited to
Denver-based Qwest in summer 2002 by former chief executive Dick
Notebaert. Together, they helped rebuild a company on the verge
of bankruptcy. Notebaert retired from Qwest last month.
Allen will advise Providence on telecommunications-industry
issues and new and existing investments.
Providence is headquartered in Providence, R.I., and has about
$21 billion under management.