Qualcomm Moderated Thread - please read rules before posting Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 174.76

+0.3%

Dec 23 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ramsey Su who started this subject	6/25/2001 9:57:10 AM
From: Cooters	of 197017

Per following article, all of the licenses LWIN won were(ARE!) NextWave's. -------- Leap Launches Innovative Cricket Service in Columbus, Ga. Court Order May Affect Leap's Rights to Acquire Licenses For 22 Million Potential Customers SAN DIEGO, June 25 /PRNewswire/ -- Leap Wireless International, Inc. (Nasdaq: LWIN), an innovator of wireless communications services, today announced the launch of its Cricket Comfortable Wireless service in Columbus, Ga. This is the second of two markets this year in Georgia to begin offering Leap's Cricket flat-rate, all-you-can-talk, local wireless service. Cricket was launched in Macon, Ga. on June 14. (Photo: newscom.com ) "Columbus is an ideal city for our Cricket Comfortable wireless service, as so many of its residents live, work and play in the same vicinity," said Harvey P. White, Leap's chairman and CEO. "Our Cricket service will enable Columbus residents to make all their local calls from within our local service area without worrying about the time of day they talk or who they talk to locally -- all without worrying about an expensive bill at the end of month." Leap owns or has rights to acquire licenses covering approximately a quarter of the U.S. population -- 72.7 million potential customers (1998 POPs) in 36 states. Included in this number are 22 licenses covering approximately 22 million potential customers (1998 POPs) on which Leap was the high bidder in an FCC Auction 35 that ended in January 2001. It is unclear when or whether the FCC will transfer these licenses to Leap because of a June 22, 2001 U.S. Court of Appeals opinion stating that the FCC violated the United States Bankruptcy Code in canceling NextWave's licenses (which were then auctioned in Auction 35). The 22 licenses that Leap won in Auction 35 were all NextWave licenses that the FCC reclaimed. 06/25/2001 07:02 EDT prnewswire.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next