Smartcomm President and Co-founder Passes Away

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Smartcomm, LLC, a company that identifies opportunities in the wireless mobile broadband communications industry, mourns the loss of its president and co-founder, Pendleton Waugh.

On August 27, preparing for another long Saturday at the office, Smartcomm’s president and wireless industry expert, Pendleton Waugh, stopped at a local Phoenix café to get his usual breakfast. It was there that he suffered a massive heart attack and was rushed to the nearest hospital. Unfortunately, medical professionals were unable to revive him. He was 61 years old.

Pendleton Waugh co-founded Smartcomm with his business partner and current CEO of Smartcomm, Carole Downs. The company was originally formed to offer consulting services to corporate and individual clients in the wireless communications industry. Today, Smartcomm offers unique opportunities to acquire spectrum in the 700 MHz, 800 MHz, and 1.9 GHz band for mobile broadband services through the filing of license applications, participation in FCC public auctions, or acquisitions in the secondary market. Smartcomm also currently monitors the rulemaking and other proceedings at the Federal Communications Commission (FCC), transactions between wireless operating companies, and business news related to the telecommunications industry as a whole.

One of very few individuals who maintained a preeminent presence throughout the evolution of cellular radio telephone technology, known to the consuming public as “cell phones,” Mr. Waugh was an innovator and leader with over 20 years of experience. Many industry experts considered Mr. Waugh to be one of the more knowledgeable individuals in the wireless industry relative to the allocation and ownership of frequency rights. Mr. Waugh mentored Smartcomm executives and personnel daily, and was able to pass on his knowledge and understanding of the business, as well as his passion. Mr. Waugh’s dream and vision was to create a company that would be a global leader in mobile broadband. Smartcomm intends to see that dream to fruition for itself, its clients, and in honor of Pendleton Waugh.

“I lost not only a business partner, but a great friend,” says Downs. “While I am deeply saddened by Penn’s unexpected death, I rest assured that his passion and vision will live on with a supportive and passionate Smartcomm team that is dedicated to our success. The knowledge Penn passed on to others will allow Smartcomm to execute its business plan and be a significant player in the mobile broadband industry.”

Everyone at Smartcomm’s headquarters was shaken by the news, but feels all the more committed to make Mr. Waugh’s dream a reality. During a beautiful, private memorial held for Mr. Waugh, a colleague expressed: “Penn wanted the best for us all. He had faith in our abilities and was always challenging us. It would make him proud to see everyone’s perseverance, and he would expect nothing less.”

About Smartcomm, LLC

Phoenix-based Smartcomm, LLC provides consulting services and investment opportunities in the wireless communications industry to both individual and institutional investors. The company specializes in opportunities to acquire 700 MHz, 800 MHz and 1.9 GHz band spectrum through the filing of license applications, participation in FCC public auctions or acquisitions in the secondary market.

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Dana Maxwell
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