With competitors cannibalizing and usurping its once unique position in the wireless industry, Leap Wireless International Inc. said it plans to emerge from Chapter 11 bankruptcy protection later this year with new offerings and services that the carrier said it hopes will allow it...
WASHINGTON-Government regulators have reportedly approved a settlement with NextWave Telecom Inc. regarding the company's $4.3 billion debt it owes the Federal Communications Commission for wireless licenses it acquired during auctions in 1996.The settlement, which was approved by NextWave's bankruptcy judge, would allow the FCC...
WASHINGTON-FCC Chairman Michael Powell hinted Thursday that Nextel Communications Inc. may yet be willing to accept spectrum in the 2.1 GHz band instead of the 1.9 GHz band requested as part of a plan to solve public-safety interference in the 800 MHz band. But...
NextWave Telecom Inc.'s announcement last week that it would give back 60 of its PCS licenses to the Federal Communications Commission could finally give the government a clear path to auction the licenses to a spectrum-starved industry. But unlike the FCC's previous attempt to...
WASHINGTON-Buried in the legalese of the settlement document between the Federal Communications Commission and bankrupt NextWave Telecom Inc. was an agreement that NextWave would pay the FCC $10 million to cover the commission's outside legal and investment counsel."NextWave shall make a payment of $10...
WASHINGTON-It took more than a year and it wasn't pretty, but the Federal Communications Commission and bankrupt NextWave Telecom Inc. Tuesday signed an agreement requiring NextWave to sell more than 70 percent of its remaining spectrum and to pay the FCC $1.6 billion in...
WASHINGTON-The Federal Communications Commission and bankrupt NextWave Telecom Inc. today signed an agreement that would require NextWave to continue to divest the majority of its spectrum holdings following a recently completed sale of licenses to Cingular Wireless L.L.C."After eight long years, we can finally...
It's been nearly three years since attacks on the World Trade Center in New York, yet the city still does not have interoperable public-safety systems. It's unthinkable. And yet, it is reality. The news is somewhat better in Jefferson County., Colo., where the fifth...
Citing the need to support two networks serving more than 20 million subscribers, its future ability to provide wireless data services on par with its CDMA-based competitors and poor results in recent customer surveys, Cingular Wireless L.L.C. informed the Federal Communications Commission it could...
Cingular Wireless L.L.C. said it has closed on an acquisition of 34 PCS licenses covering approximately 83 million potential customers from NextWave Telecom Inc. for $1.4 billion. Cingular noted that all claims of the Federal Communications Commission and third parties related to the licenses...
When Monet Mobile Networks Inc. launched service in November 2002, many in the industry believed that the promise of advanced wireless data technology had finally become a reality-which is why the carrier's bankruptcy filing came as such a surprise."Personally, I'm very, very sorry to...
In addition to propelling the combined entity past Verizon Wireless as the nation's largest wireless carrier, Cingular Wireless L.L.C.'s successful $41 billion acquisition of smaller rival AT&T Wireless Services Inc. is expected to have an enormous impact on many of its competitors as well...
WASHINGTON-As the junior Democratic senator from Massachusetts, John Kerry's record is one of deftly straddling the fence on telecom and high-tech issues by backing bills benefiting Big Wireless while championing the causes of consumers and small business.It was Kerry, whose brother Cameron works for...
WASHINGTON-The Federal Communications Commission gave the green light for bankrupt NextWave Telecom Inc. to sell spectrum in 34 markets to Cingular Wireless L.L.C. for $1.4 billion."Obtaining FCC regulatory approval of our agreement with Cingular represents a major step forward in our reorganization process. The...
The rumor mill kicked into high gear last week with published reports claiming a handful of domestic and international wireless carriers are targeting AT&T Wireless Services Inc. as a possible merger partner.The reports began with claims that Cingular Wireless L.L.C. had rekindled its often-rumored...
WASHINGTON-Two bankruptcy courts handling the aftermath of the debacle created when the Federal Communications Commission auctioned off C-block spectrum to small businesses in 1996 saw action as 2003 was winding down, and indications are that the C-block hangover will continue into 2004.Bankruptcy Judge Adlai...
Even with the promise of a tech recovery and emergence of new applications for wireless gadgets aimed at free-spending teenagers, information-starved road warriors and the rest of us, 2004 is apt to be no more than a sexed-up version of the year that was....
Nextel Communications Inc. filed comments with the Federal Communications Commission disputing NextWave Telecom Inc.'s and Cingular Wireless L.L.C.'s plans seeking a waiver concerning $170 million in interest on 34 C- and F-block PCS licenses Cingular is attempting to acquire from NextWave for $1.4 billion.Nextel...
WASHINGTON-Bankrupt NextWave Telecom Inc. is asking its judge to allow it to conduct a $39 million trial of wireless broadband technology in Las Vegas using spectrum to be obtained from IPWireless Inc."Given the nascent nature of the wireless broadband technologies and services, proceeding with...
WASHINGTON-Bankrupt NextWave Telecom Inc. is asking its judge to allow it to conduct a $39 million trial of wireless broadband technology in Las Vegas using spectrum to be obtained from IPWireless Inc."Given the nascent nature of the wireless broadband technologies and services, proceeding with...
Cingular Wireless L.L.C. moved even closer to completing its previously announced deal to acquire 34 PCS licenses from bankrupt license holder NextWave Telecom Inc. following approval of the $1.4 billion deal by NextWave's bankruptcy court last Thursday. The court's approval followed NextWave's announcement earlier...
Cingular Wireless L.L.C. is one step closer to completing its previously announced deal to acquire 34 PCS licenses from bankrupt license holder NextWave Telecom Inc. for $1.4 billion after NextWave reported it received no qualified competing bids as of the Sept. 15 deadline that...
In an attempt to strengthen its bottom line, Sprint PCS affiliate US Unwired Inc. announced a pair of deals last week that the carrier said would generate approximately $30 million in gross proceeds.The larger deal included the sale of US Unwired's cellular network in...
Sprint PCS affiliate US Unwired Inc. said it has entered into agreements to sell certain "non-core operating assets," including its cellular operations that served approximately 57,000 subscribers at the end of the second quarter and eight of its 13 10-megahertz PCS licenses located in...
