NEXTEL Message Board - Msg: 12372533

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To: Rono who wrote (9544)	12/23/1999 1:16:00 PM
From: Rono	of 10227

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): December 23, 1999 Nextel has abandoned its intention to proceed to take the actions contemplated in its December 21, 1999 term sheet concerning a potential resolution of the NextWave bankruptcy cases. Nextel intends to file papers withdrawing its related petition for declaratory rulings, filed on December 21, 1999 with the FCC, as soon as possible. These decisions primarily are the result of the recent significant developments in the NextWave bankruptcy cases, including the issuance of the opinion by the United States Court of Appeals for the Second Circuit explaining the bases for that Court's reversal of earlier judgments entered by each of the Bankruptcy Court and the District Court in the NextWave bankruptcy cases.

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