WASHINGTON—The Department of Justice and Black Crow Wireless both signed the NextWave settlement papers on 27 November.Congress is expected to shortly take up implementing legislation. A bankruptcy court must also approve the settlement.The NextWave settlement, announced on 16 November, would resolve the litigation surrounding...
WASHINGTON—The Department of Justice and Black Crow Wireless LP both signed the NextWave settlement papers on Tuesday.Congress is expected to shortly take up implementing legislation.A bankruptcy court must also approve the settlement.The NextWave settlement, announced on Nov. 16, would resolve the litigation surrounding the...
Osama bin Laden and his goons appear to be in retreat. For that alone we should give thanks, though no one will be satisfied until justice is brought to the mass murderers. How interesting-and telling-that this con artist who spews venomous, anti-American slurs at...
WASHINGTON—The negotiators finally reached a settlement agreement on 14 November that will give the personal communications services (PCS) C- and F-block licenses of bankrupt NextWave Telecom to the re-auction winners, but it is unclear whether Congress will pass legislation, as called for in the...
WASHINGTON—The negotiators finally reached a settlement agreement Thursday that will give the PCS C- and F-block licenses of bankrupt NextWave Telecom Inc. to the re-auction winners. It remains unclear whether Congress will pass legislation, as called for in the agreement, by the end of...
WHITE PLAINS, New York, United States—NextWave Telecom reached an agreement with the federal government to relinquish its personal communications services (PCS) licenses to the government, but the documents have not yet been signed, NextWave attorney Deborah Schrier-Rape told U.S. Bankrutpcy Court Judge Adlai Hardin.Signatures...
WHITE PLAINS, N.Y.—NextWave Telecom Inc. has reached an agreement with the federal government to relinquish its PCS licenses to the government, but the documents have not yet been signed, NextWave attorney Deborah Schrier-Rape told U.S. Bankrutpcy Court Judge Adlai Hardin today.Signatures and details of...
WASHINGTON—Two winning bidders in the re-auction of bankrupt NextWave Telecom's personal communications services (PCS) C- and F-block licenses are protesting the settlement negotiations occurring between large nationwide carriers, NextWave and the government."As we recall, the C- and F-block PCS licenses were originally earmarked by...
WASHINGTON—Spectrum allocation policy is "seriously fractured," and "simply not keeping pace" with technology, said FCC Chairman Michael Powell in a morning press conference.In other news, Powell said negotiations for a settlement of the NextWave Telecom Inc. bankruptcy have been "very difficult to obtain …...
WASHINGTON-All the principles in the negotiations for bankrupt NextWave Telecom's personal communications services (PCS) C- and F-block licenses signed off on a concept agreement that would allow NextWave to walk away with US$5 billion, the government to be paid US$11 billion and the buyers,...
WASHINGTON—All of the principles in the negotiations for bankrupt NextWave Telecom Inc.'s PCS C- and F-block license have signed off on a concept agreement that would allow NextWave to walk away with $5 billion, the government to be paid $11 billion and the buyers,...
HAWTHORNE, New York, United States—NextWave Telecom has been granted a motion to delay its disclosure statement hearing until 22 October, at which time the company will ask for approval of the disclosure statement for its pending plan of reorganization, filed 6 August. In addition,...
MCLEAN, Va.—LCC International Inc., a provider of wireless voice and data turn-key technical consulting services, said it sold all of its approximately 1.6 million class B common shares of NextWave Telecom Inc. and its current debt claims against NextWave, excluding the claims of Koll...
WASHINGTON—The FCC and bankrupt carrier NextWave Telecom are in final negotiation talks. There are conflicting reports as to the details of the agreement.One report says plans indicate that carriers that bid for the NextWave spectrum in the re-auction would pay $10 billion to the...
WASHINGTON—The U.S. government has been granted a 30-day extension in which to officially ask the U.S. Supreme Court to review a federal appeals court's ruling reversing actions regarding bankrupt NextWave Telecom Inc.'s licenses.The Department of Justice, filing on behalf of the Federal Communications Commission,...
NEW YORK—NextWave Telecom Inc.'s Wednesday bankruptcy hearing was postponed as federal courts were closed after the terrorist attacks in New York and Washington, D.C, and a new date has not yet been set.NextWave was going to court to outline its plan to emerge from...
During the past 15 months there has been growing interest in the United States around mobile virtual network operators, best known as MVNOs. The idea behind MVNOs is that companies with strong brands, powerful distribution or compelling content/applications (ideally all three) negotiate wholesale access...
WASHINGTON—A New York bankruptcy court denied the Federal Communications Commission's request to postpone NextWave Telecom Inc.'s motion to schedule a confirmation hearing in its plans to emerge from bankruptcy, which was set for Oct. 30.Federal bankruptcy judge Adlai Hardin noted that delaying the confirmation...
A U.S. federal appeals court rejected a Federal Communications Commission filing asking that it not be required to return personal communications services licenses to bankrupt carrier NextWave Telecom Inc. NextWave, however, will probably not gain control of the licenses for some time and the...
WASHINGTON—Alaska Native Wireless L.L.C. and VoiceStream Wireless Corp. told the Federal Communications Commission on Thursday that agreements signed by NextWave Telecom Inc. in an effort to emerge from bankruptcy make NextWave ineligible to hold the C- and F-block licenses in question."The combination of NextWave's...
WASHINGTON—In a surprising, but perhaps legally necessary move, the FCC's Wireless Telecommunications Bureau late Friday said it was returning NextWave Telecom Inc.'s licenses to active status."On Aug.30, the U.S. Court of Appeals for the District of Columbia Circuit issued the mandate implementing its holding...
HAWTHORNE, New York, United States—NextWave Telecom reported UBS Warburg has committed to provide the company with $2.5 billion in debt financing to fund the construction of its planned nationwide third-generation wireless network. UBS Warburg will also serve as NextWave's financial adviser and will assist...
WASHINGTON—A federal appeals court late Thursday rejected the Federal Communications Commission's plea that it not be required to return licenses to bankrupt personal communications services carrier NextWave Telecom Inc."The licenses are coming back to NextWave absent some further action by the FCC going up...
WASHINGTON—A federal appeals court late Thursday rejected the Federal Communications Commission's plea that it not be required to return licenses to bankrupt PCS carrier NextWave Telecom Inc."The licenses are coming back to NextWave absent some further action by the FCC going up to the...
