MILPITAS, Calif.-Hyundai Electronics America announced it has partnered with U.S. AirWaves Inc. to build a nationwide personal communications services network.
The agreement includes the opportunity for U.S. AirWaves to purchase PCS infrastructure equipment from Hyundai and a commitment by Hyundai to invest $50 million in U.S. AirWaves.
U.S. AirWaves is preparing to bid in the next round of Federal Communications Commission license auctions for PCS as an entrepreneurial company.