Scaling Up: Mobilitie Founder Gary Jabara Named Ernst & Young National Entrepreneur Of The Year® 2012 Real Estate,

    Scaling Up: Mobilitie Founder Gary Jabara Named Ernst & Young National
Entrepreneur Of The Year® 2012 Real Estate, Construction and Lodging Category
                                 Award Winner

Jabara honored for creating new business model for the telecommunications
industry - combining a traditional real estate investment model with a
carrier-centric operating structure

PR Newswire

NEWPORT BEACH, Calif., Nov. 18, 2012

NEWPORT BEACH, Calif., Nov. 18, 2012 /PRNewswire/ --Gary Jabara, Founder,
President and CEO of Mobilitie, LLC, has been named the Ernst & Young National
Entrepreneur Of The Year^® 2012 Real Estate, Construction and Lodging Category
Award winner. The Ernst & Young Entrepreneur Of The Year Award is the
country's most prestigious business award for entrepreneurs. The award
encourages entrepreneurial activity and recognizes leaders and visionaries who
demonstrate innovation, financial success and personal commitment as they
create and build world-class businesses.

Jabara was recognized for bringing together his deep knowledge of the
telecommunications infrastructure business and his vision to fundamentally
change the way infrastructure was being developed, operated and financed. He
was honored at the Entrepreneur Of The Year gala, the culminating event of the
Ernst & Young Strategic Growth Forum^® in Palm Springs, Calif. The Forum is
the nation's premier gathering of high-growth, market-leading companies.
Awards were given in nine additional categories. All Ernst & Young
Entrepreneur Of The Year Award winners were selected by an independent panel
of judges from 244 regional award recipients.

"By combining his vision and desire to do things better with his deep
knowledge of the industry, Jabara changed the way the telecommunications
business thought about cell towers, creating a new approach that saves money
and allows scalability for current and future technologies," said Bryan
Pearce, Americas Director, Entrepreneur Of The Year, Ernst & Young LLP.

Gary Jabara: a fresh perspective

After years in a consulting firm's telecommunications infrastructure practice,
Jabara decided to strike out on his own. He saw inefficiency in the way
infrastructure was being developed, operated and financed, and he knew there
was a better way. With an idea to do things better, a desire for both a
rewarding career and a more balanced life and the drive to make it all happen,
Jabara founded Mobilitie to take a different view of cell towers, or "Towers
of Babble" as he calls them. Rather than continue with the industry view that
cell towers were simply a means of providing telecommunications service,
Jabara realized that cell towers are actually "vertical real estate," much
like commercial office buildings, whose usage and performance metrics lend
themselves perfectly to a REIT (Real Estate Investment Trust) business model.
By adopting a view that tower space constitutes "rental units" that should
collect a fixed price, Jabara created a business model that saves owners money
by producing economies of scale, increasing and retaining "tenants" and
allowing scalability for current and future technologies. In just six years,
he has built Mobilitie from an idea into the fastest-growing owner and lessor
of wireless telecommunications infrastructure assets in the United States.

Focus on people and relationships

Rather than call himself an entrepreneur, Jabara calls Mobilitie an
"entrepreneurial organization," crediting people and relationships as the
differentiators that have made Mobilitie a Cinderella success story. He built
Mobilitie on two basic principles: Be transparent with clients and treat
employees like family. Jabara personally devotes significant time to
developing and mentoring people, and he has branded Mobilitie around its
people and culture, rather than infrastructure or technology as competitors
do. He's also a champion of work-life balance – having embarked on his
entrepreneurial adventure after being personally frustrated by a lack of this.
Jabara has even been known to reprimand employees for coming to the office on
their birthdays, and he understands that commitment to family comes before the
business.

Staying five steps ahead

In April 2012, Mobilitie raised $1.1 billion in capital through a sale of over
2,300 U.S. and Latin America tower and DAS sites to SBA Communications. Jabara
will use the proceeds from the sale to pay off debt and re-invest in the
company. Current plans for growth include migrating the company from the "nuts
and bolts" side of telecommunication infrastructure to the "bit and bytes"
side, such as carrier-grade Wi-Fi.

National Entrepreneur Of The Year^® 2012 Retail and Consumer Products
finalists

In addition to Jabara, the Ernst & Young Entrepreneur Of The Year  Real
Estate, Construction and Lodging national finalists were: Will Gruver,
President and CEO, USP&E, based in Celina, Texas, a turnkey energy services
company that delivers cost effective and efficient power station solutions to
a global customer base in emerging growth markets, specifically West Africa;
Len C. Rodman, Chairman, President and CEO, Black & Veatch, based in Overland
Park, Kan., who led the company's move from partnership to employee-owned
corporation, helping to strengthen the company's balance sheet. Ron Moelis,
CEO, L+M Development Partners Inc., based in Larchmont, N.Y., a double bottom
line firm, where success is measured not only in financial returns but also by
its positive impact, that develops, builds and manages affordable, quality
housing for low and middle class income families.

National Entrepreneur Of The Year^® 2012 Overall Award winner

Hamdi Ulukaya, Founder of Chobani, was named the Ernst & Young National
Entrepreneur Of The Year^® 2012 Overall Award winner.

Video and photos

To view video clips of all of the Entrepreneur Of The Year winners, please
visit ey.com/us/eoy. Photos of the winners are also available by request.

Sponsors

Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards
are nationally sponsored in the United States by SAP America and the Ewing
Marion Kauffman Foundation.

About Ernst & Young's Entrepreneur Of The Year

Ernst & Young's Entrepreneur Of The Year is the world's most prestigious
business award for entrepreneurs. The unique award makes a difference through
the way it encourages entrepreneurial activity among those with potential and
recognizes the contribution of people who inspire others with their vision,
leadership and achievement. As the first and only truly global award of its
kind, Entrepreneur Of The Year celebrates those who are building and leading
successful, growing and dynamic businesses, recognizing them through regional,
national and global awards programs in more than 140 cities in 50 countries.

About Ernst & Young LLP's Strategic Growth Markets practice

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high-growth companies. Our multidisciplinary team of elite professionals
provides perspective and advice to help our clients accelerate market
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on the issues impacting high-growth companies and convening the experts who
shape the business climate. For more information, please visit us at
ey.com/us/strategicgrowthmarkets, or follow news on Twitter at EY_Growth.

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