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Technology Stocks : Silkroad
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To: Ilaine who wrote (104)11/19/1998 1:00:00 PM
From: MangoBoy   of 626
 
<< I know [Teledesic] was very upset with the FCC for giving a certain frequency to either WinStar or Teligent, but made no headway. >>

It was Teligent, and the matter *was* settled to Teledesic's satisfaction, and Teligent got a sweetheart deal for free spectrum in the process. Both companies greased the wheels of government, making contributions to organizations affiliated with key members of congress with FCC oversight responsibility. It's pretty gross.

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