Statement by Allen Salmasi, NextWave Telecom Inc. Chairman and Chief Executive Officer, on Nextel Rumors
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HAWTHORNE, N.Y.--(BUSINESS WIRE)--Oct. 12, 1999--"Recently we have had a significant number of inquiries from major carriers, vendors, resellers, shareholders, creditors, reporters, analysts and others as to the status of Nextel Communications Inc.'s discussions with our company. Notwithstanding rumors to the contrary, NextWave Telecom Inc., its shareholders and other constituencies have absolutely no agreement, and are not contemplating any future transactions, with Nextel Communications Inc."
"NextWave is fully funded for its deployment of a wide array of broadband wireless voice, data and Internet access services as an independent company. We are totally committed to bridging the digital divide on behalf of tens of millions of consumers and small businesses by creating the first affordable wireless high-speed Internet access system, as well as the first affordable alternative to local telephone service."
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