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Technology Stocks : NEXTEL

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To: Jay Tok who wrote (9568)2/9/2000 6:30:00 PM
From: Rono  Read Replies (1) of 10227
 
Nextel Partners is an exclusive affiliate of Nextel established about a year ago to accelerate buildout in mid-sized and smaller domestic markets. They currently hold wireless licenses covering about 40 million pops and will ultimately offer services under the Nextel brand in 51 of the top 200 metropolitan statistical areas.

Nextel owns about 36% of their common stock.

Here is a link to their prospectus:

freeedgar.com

A printed copy is available by calling the prospectus department of Goldman Sachs at 212-902-1171.

After the IPO NXTP should have a market cap of about $4 billion, or about 10% of NXTL's.

Hope this helps.

Ron
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