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Anthony R. Chase

CEO of ChaseSource LP and Chase Radio Partners Anthony Ray Chase was born on March 17, 1955, in Houston, Texas, to architect John Saunders Chase and teacher Drucie Chase. As a youth, Chase was a high achiever, a Boy Scout and eventually earned the status of Eagle Scout. He attended Lockhart Elementary School and graduated as class valedictorian. He was then recruited as one of the first African Americans to attend Episcopal High School in Alexandria, Virginia.

In 1977, Chase graduated with honors from Harvard University with his B.A. degree in economics and government. Then, in 1981, he earned his M.B.A. and his J.D. degree from Harvard Law School. Upon graduation, Chase returned to Houston and was hired at the investment banking firm of Rotan Mosley. He then moved to New York City where he worked for the investment firm of Donaldson, Lufkin and Jenrette, advising telecommunications and broadcast companies.

In 1990, Chase began teaching communications law and contracts at the University of Houston Law Center, where he has since been awarded tenure. In 1992, he purchased the Dallas-based radio station, KGGR, creating a black gospel radio network. Chase continued to purchase radio stations with formats ranging from country to rap in Texas, Louisiana and California. He then formed an alliance with Clear Channel Communications in San Antonio, Texas. Then, in 1992, Texas Governor Bill Clements appointed Chase to the Board of Regents at Texas Southern University.

Chase went on to found Chase Telecommunications in 1994. However, after three years in the wireless phone industry, he decided to sell his company to a Qualcomm affiliate in 1997. A year later, Chase started Chase Com and began providing both residential and business telecommunications services. Chase Com partnered with SBC Communications and became one of the first agents to offer SBC products and services nationwide. Later, in 1998, in an effort to bridge the digital divide, Chase co-founded the Telecom Opportunity Institute with SBC Communications. In 2000, he became the chief executive officer of Chase Radio Partners. The next year, he co-founded ChaseSource LP to manage the rapidly growing Staffing Solutions Division of ChaseCom. In 2007, ChaseCom was sold to AT&T. Chase is lead director on the board of Cornell, Companies, Inc.; and serves on the boards of Western Gas Partners, LP; Texas Medical Center; and Northern Trust Bank of Texas. He is Vice Chairman of the Federal Reserve Bank of Dallas.

Chase has received numerous awards and recognitions including: The Ernst and Young Entrepreneur of the Year, Businessman of the Year Award conferred by the Business and Professional Men’s Club, the Lamont Godwin National Achievement Award from the Rainbow PUSH Coalition, Outstanding Young Businessman Award from Texas Business Magazine, and Bank of America’s Pinnacle Award.

Accession Number

A2008.042

Sex

Male

Interview Date

3/10/2008

Last Name

Chase

Maker Category
Middle Name

Ray

Schools

Episcopal High School

Lockhart Elementary School

Harvard Business School

Harvard Law School

Harvard University

Cullen Middle

First Name

Anthony

Birth City, State, Country

Houston

HM ID

CHA09

Favorite Season

Fall, Spring

State

Texas

Favorite Vacation Destination

Rocky Mountains

Favorite Quote

Try Your Best.

Bio Photo
Speakers Bureau Region State

Texas

Interview Description
Birth Date

3/17/1955

Birth Place Term
Speakers Bureau Region City

Houston

Country

USA

Favorite Food

Fried Chicken

Short Description

Management consulting entrepreneur and telecommunications entrepreneur Anthony R. Chase (1955 - ) was the CEO of ChaseSource LP and Chase Radio Partners. He was involved in business ventures in the wireless phone industry, the radio broadcasting industry and taught college courses on both law and business.

Employment

Rotan Mosle Inc.

Donaldson, Lufkin and Jenrette

University of Houston Law Center

ChaseSource

Chase Radio Partners

Favorite Color

Black

Timing Pairs
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DAStories

Tape: 1 Story: 1 - Slating of Anthony R. Chase's interview

Tape: 1 Story: 2 - Anthony R. Chase lists his favorites

Tape: 1 Story: 3 - Anthony R. Chase describes his father's U.S. military service and education

Tape: 1 Story: 4 - Anthony R. Chase describes his father's family background

Tape: 1 Story: 5 - Anthony R. Chase describes his mother's family background

Tape: 1 Story: 6 - Anthony R. Chase describes his mother's upbringing

Tape: 1 Story: 7 - Anthony R. Chase talks about his parents' marriage

Tape: 1 Story: 8 - Anthony R. Chase describes the sights, sounds and smells of his childhood

Tape: 1 Story: 9 - Anthony R. Chase describes his earliest childhood memory

Tape: 2 Story: 1 - Anthony R. Chase describes his parents' careers

Tape: 2 Story: 2 - Anthony R. Chase describes the Riverside Terrace community in Houston, Texas

Tape: 2 Story: 3 - Anthony R. Chase remembers the Civil Rights Movement in Houston, Texas

Tape: 2 Story: 4 - Anthony R. Chase describes his early education

Tape: 2 Story: 5 - Anthony R. Chase remembers his involvement in the Boy Scouts of America

Tape: 2 Story: 6 - Anthony R. Chase recalls his early aspirations

Tape: 2 Story: 7 - Anthony R. Chase remembers Cullen Junior High School in Houston, Texas

Tape: 2 Story: 8 - Anthony R. Chase describes his parents' civil rights activities

Tape: 3 Story: 1 - Anthony R. Chase describes his experiences at Cullen Junior High School

Tape: 3 Story: 2 - Anthony R. Chase recalls his recruitment to Episcopal High School in Alexandria, Virginia

Tape: 3 Story: 3 - Anthony R. Chase describes his experiences at Episcopal High School

Tape: 3 Story: 4 - Anthony R. Chase describes his activities at Episcopal High School

Tape: 3 Story: 5 - Anthony R. Chase recalls his aspirations during high school

Tape: 3 Story: 6 - Anthony R. Chase recalls returning to Houston, Texas during the summers

Tape: 3 Story: 7 - Anthony R. Chase describes his decision to attend Harvard University

Tape: 4 Story: 1 - Anthony R. Chase recalls his classmates at Harvard University

Tape: 4 Story: 2 - Anthony R. Chase describes his studies at Harvard University

Tape: 4 Story: 3 - Anthony R. Chase recalls working at Harvard University's WHUR Radio

Tape: 4 Story: 4 - Anthony R. Chase recalls his decision to apply to graduate school

Tape: 4 Story: 5 - Anthony R. Chase recalls his joint graduate degree program at Harvard University

Tape: 4 Story: 6 - Anthony R. Chase remembers his early career, pt. 1

Tape: 4 Story: 7 - Anthony R. Chase remembers his early career, pt. 2

Tape: 5 Story: 1 - Anthony R. Chase describes his work at Donaldson, Lufkin and Jenrette

Tape: 5 Story: 2 - Anthony R. Chase talks about KGGR Radio in Dallas, Texas

Tape: 5 Story: 3 - Anthony R. Chase remembers Herbert P. Wilkins, Sr.

Tape: 5 Story: 4 - Anthony R. Chase describes his career in academia and business

Tape: 5 Story: 5 - Anthony R. Chase recalls the regulatory reform of the broadcasting industry

Tape: 5 Story: 6 - Anthony R. Chase describes his work with AT&T Inc.

Tape: 5 Story: 7 - Anthony R. Chase remembers the Telecom Opportunity Institute

Tape: 5 Story: 8 - Anthony R. Chase talks about his leadership of corporate boards

Tape: 6 Story: 1 - Anthony R. Chase talks about his membership on governmental committees

Tape: 6 Story: 2 - Anthony R. Chase describes his family

Tape: 6 Story: 3 - Anthony R. Chase reflects upon his life

Tape: 6 Story: 4 - Anthony R. Chase talks about the black alumni of Harvard Law School

Tape: 6 Story: 5 - Anthony R. Chase reflects upon his legacy and how he would like to be remembered

Tape: 6 Story: 6 - Anthony R. Chase shares a message to future generations

DASession

1$1

DATape

5$5

DAStory

4$6

DATitle
Anthony R. Chase describes his career in academia and business
Anthony R. Chase describes his work with AT&T Inc.
Transcript
While you are operating these broadcast stations, you're still teaching. Are you still teaching?$$Yeah. I was until, you know, you know, my story is, is--I imagine everyone thinks their story is a little unique, but mine seems so to me. I mean, I bought the first station [KGGR Radio, Dallas, Texas] in '92 [1992]. And, then between '92 [1992] and '97 [1997] bought about a dozen more. During that same period, you know, I was, you know, a real communications entrepreneur, so somewhere about '95 [1995] I got involved in an auction to buy Spectrum [Spectrum Cellular Corporation, Dallas, Texas] from the federal government of which to offer cell phone service. And a business that I sold to Qualcomm in 1998. That business actually became Cricket phone [Cricket Wireless LLC] today which is, is--and, so, I went on, and so I was on the board of directors for Cricket until about a year ago, for the last ten or twelve years. And, then around '97 [1997] or so, I started a call center company that end up doing customer service principally for AT&T [AT&T Inc.], and that I sold to AT&T in December of last year. So, really, the businesses that I was involved in were three. There were the broadcasting, the radio broadcasting business. I owned one television station during that time, but it really wasn't significant in the, in the mix. And, then I owned a, started really, a cell phone service provider which is Cricket phone today. And, then I started this customer service business, which, which we just sold to AT&T. So, it really was the combination of those three business over the last fifteen years that I've spent the majority of my time prosecuting. And, and I did start, I was teaching full-time when I first bought that first radio station. Along around '94 [1994] I got tenure at the law school [University of Houston Law Center, Houston, Texas]. And, really, when I got tenured, I went to the dean and sugg- and thought that, you know, I had a few employees then and I had travel to do and other things that were, were occupying my time, and so I asked for a leave. And, I went on leave really until, until this semester. I sold, as I mentioned, I sold that last company to AT&T December, two or three months ago. And so, I went back to teach with tenure in 1994.$$So, in 1994, okay, well, let's go to '95 [1995], you publish an article, 'Race, Culture and Contract Law' ['Race, Culture, and Contract Law: From the Cottonfield to the Courtroom,' Anthony R. Chase]?$$Right.$$Can you talk to me about that?$$Sure. Sure. I published an article in the University of Connecticut Law Review [Connecticut Law Review] called, 'Race, Culture and Contract Law.' It really was about--contract law has always fascinated me, and I in part, and history it fascinated me as I sort of describing some of my courses that I particularly enjoyed in college [Harvard University, Cambridge, Massachusetts]. And, one of the things that was always of great interest was, now, how bargains are made. And, the fact that, at least during slavery, people were the subject of bargains, or property and traded back and forth. And so, understanding that dynamic was important to me. And, I also had an interest in understanding the dynamic of people who were different at the bargaining table. So, you know, and whether or not it made a difference if you were a woman bargaining for, you know, your car to be fixed or whether you were bargaining, you're a black person bargaining to buy a radio station. Or, you know, whether those things made a tangible difference in the negotiation dynamic at the bargaining table. And, I, and you know, I think, you know, I think there's evidence and indication that in fact they do. And how you account for that and counteract that has always been of, not only sort of scholarly and academic interest, but practical interest as well.$So, you said, opportunities and great deals came your way like the AT&T [AT&T Inc.] deal.$$Yep.$$What, what else? Well, describe what did that mean to you, AT&T deal? Describe that to me.$$You know, it was incredible. I mean, you know, it was just incredible. I was--I think it's fair to say that my company was the premier, certainly minority vendor. But, maybe even vendor in a way. Vendor, partner to AT&T for ten years. You know, I talk to the chairman of AT&T once a month probably for ten years. You know, we were on just, you know, a whole host of topics, you know, political, and business, and legal. And, we were really in their fraternity of, of close associates. And it really made a huge difference. It made a huge difference in the opportunities that were made available to us; the capital that was made available to us; the types of employees that we had the opportunity to hire; the types of facilities that we operated from; the types of opportunities that we had the opportunity to look at. It was nothing short of incredible.$$And, ChaseCom [ChaseCom L.P.; ChaseSource], is that the company that you're talking about?$$Yep.$$So, that was formed in, or founded in 1998?$$Yeah, technically December of '97 [1997]. But, yes, it was, it was founded in December of '97 [1997], and sold to AT&T in a cash transaction in December of 2007. So--$$For how much?$$Exactly ten years. A lot (laughter).$$(Laughter).$$A lot. We did pretty good on that one.$$Now, the time that you, you had a twenty-year contract to sell, SBC Telecom [SBC Telecom, Inc.] equipment?$$Well, you really have done your homework. Yeah. We had, we had, what happened was, was that back in December of 2007, Southwestern Bell Corporation invested $20 million in ChaseCom really to help us, to give us, to provide us the resources to become their number one customer service partner. And, and we did. And, Southwestern Bell turned into SBC [SBC Communications, Inc.] and SBC bought AT&T, and the smallest Regional Bell Operating Company became the biggest telecommunication company in the world over the next ten years, and we happened to grow right along with 'em. And, they became the largest telecommunications company in the world largely by acquisition and by being opportunistic, and we were, you know, right there through all of that growing right along with them and it was great.$$But, ChaseCom was unique. How was it unique?$$At the end of the day we were unique because we were the only company who could process an order in the AT&T system that was not owned by AT&T. And that gave us a tremendous leg up because we were not unionized and they were. And, so, we could process an order cheaper than they could. And, it was a wonderful thing.$$And, you specialize in several languages. Is that right?$$Yep. We did all the customer, mostly customer service work for all of their California, and Nevada operations as well as their Ameritech [Ameritech Corporation; AT&T Teleholdings, Inc.] Midwest operations, and as a result we, we not only did business in English but in Spanish, as well as several Asian dialects.