Barclay Knapp
Barclay Knapp is a Senior Fellow in the Center for Financial Economics at The Johns Hopkins University, and has formed Charles Street Partners, to pursue financing and management opportunities in the telecommunications industry. He co-founded Cellular Communications Inc., serving as CFO and later as President and COO.
Knapp later co-founded International CableTel, later known as NTL Incorporated and ultimately as what today is known as Virgin Media. Knapp built up NTL to a high of 21 billion pounds in 2000 and then presided over a financial restructuring that, while it almost wiped out the company share price, preserved the business and ensured creditors and other stakeholders participated in the restructured business that emerged after the deep worldwide recession that followed the bursting of the “telecom bubble” that prompted the restructuring. NTL was one of the largest restructurings of that time that did not involve any significant scandals or wrongdoing, at the same time that Enron, Adelphia, Worldcom and others exposed massive fraud.
