CHARLOTTE, N.C.-Glenayre Technologies Inc. said its first quarter net sales could result in a $10 million to $12 million reduction because of the recent Federal Communications Commission Notice of Proposed Rule Making, which included a freeze on accepting new applications for 900 MHz paging system licenses.
The FCC accepted comments on the NPRM on March 1, with replies due today. The commission will determine final revisions to current regulations, if any, after the NPRM’s final comment date of March 18, Glenayre said.
“We are working independently and with the Personal Communications Industry Association and its members in their request to the FCC to immediately rescind the licensing freeze and to provide other clarifications of the FCC’s actions taken in the 900 MHz paging channels to prevent additional negative impact to the paging industry,” said Ramon Ardizzone, president and chief executive officer of Glenayre.
The company said the overall impact of the commission’s action on its annual net sales cannot be determined because of the uncertainty of final regulatory changes, including how long the licensing freeze will last.
