WASHINGTON-NextWave Telecom Inc. has requested another extension before filing its reorganization plan, but told the court last week that it would like to emerge from bankruptcy by late January.
The latest extension request would have NextWave filing its reorganization plan by Nov. 12 and then soliciting comments until Jan. 25.
NextWave had told the bankruptcy court Oct. 19 that it would file its plan on Nov. 3 but now it says it needs until Nov. 12 to complete the necessary documentation.
NextWave controls PCS spectrum licenses covering 23 markets and valued at nearly $3 billion.
The company has consistently pushed back the deadline for detailing its reorganization strategy. NextWave was scheduled to detail its plans Oct. 22 after it received a 10-day extension Oct. 12. RCR
