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Tuesday, November 5, 2013

business

In 1968, McGowan was contacted by MCI due to his expertise in raising venture capital. Based on this contact, he made a US$50,000 investment in the fledgling business and was made chairman of Microwave Communications of America, a predecessor to MCI Communications. In his role as chairman, McGowan raised capital for the growing company and set up fifteen of the seventeen regional carriers that would form the basis of MCI's initial communications network.

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