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Technology Stocks : Nextwave Telecom Inc.

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To: JGoren who wrote (148)	8/21/1999 9:51:00 AM
From: Rono	Read Replies (2) of 1088

From NextWave's first amended plan of reorganization (page 39): "NextWave estimates that it will require approximately $1.0 billion for capital expenditures during the initial phase of it's network build-out and up to a total of $2.5 billion of capital expenditures through the full deployment of it's network" Can anyone explain why NextWave's planned $2.5 billion to deploy a national network is significantly less than what Nextel, Sprint PCS, and AT&T will spend? These three carrier's each will spend close to $2 billion in 1999 alone, with total expenditures for a national network approaching (or exceeding)$8 billion. How can NextWave build their network so inexpensively? Comments? Ron

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