LAS VEGAS-Chadmoore Wireless Group Inc. announced it has agreed to acquire 16 10-channel 900 MHz wide-area licenses from American Wireless Network Inc.
Chadmoore will assume the note payments for the licenses to the Federal Communications Commission and lease all related equipment for them during the next six years.
The channels, which can be used for analog or digital communications, cover seven cities and a population of more than 18 million.
