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NEXTWAVE SUBMITS FCC DOWN PAYMENT

SAN DIEGO-NextWave Personal Communications Inc. has submitted a down payment of more than $20 million to the Federal Communications Commission for the seven personal communications services licenses the company won at re-auction last week. NextWave made a pre-auction deposit of nearly $7 million last month.

The company recently won PCS licenses in Seattle, Olympia, Bellingham and Longview, Wash., Portland, Ore., Denver and Minneapolis-St. Paul.

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